It used to be the case that we relied on our staff to make sure that inventory was properly taken care of and that the hotel did not run out of any essential things. The issue about that is that it is open to human error and sometimes staff are overwhelmed with the amount of responsibility that they have and so they may forget to place an order for essential items that helps your hotel to operate. It is an incredibly difficult situation to find yourself in when a hotel guest asks for something that you have to inform them that you don’t have it. This creates the wrong first impression and it will likely be a deciding factor when the guest tries to figure out if they want to stay with your hotel the next time that they come.
This is why many modern hotels are using e-procurement because by putting such a system in place using FutureLog hospitality procurement software, it means that all of your inventory is automated and this amounts to significant savings across the board. It is the one tried and tested way to lower your overall costs and to save yourself money which means higher profits. Automated purchasing helps to shorten the time for items to arrive at your hotel, it reduces a great deal of administrative costs and it removes the many manual processes that we have been using for many years. If this is all very new to you and you would like to find out about how e-procurement and procurement software can transform your business then please continue to read.
- It maximises buying power – If you were using procurement software in your automated then this can help with researching your vendor is and negotiating with them as well. Purchasing and procurement software has many features that will allow you to improve upon your current buying power and to enjoy much bigger savings.
- It reduces time wasted – Time is money as they say and especially so in the hospitality industry. You will of course save yourself money but you can also save yourself a lot of time as well. If you are automating your inventory and procurement processes then this creates better workflow within your hotel which leads to massive savings on time.
- Reductions in waste & less mistakes – We are only human after all and people make mistakes every day of the week. If you are involved in the hospitality industry however these same mistakes can end up costing you customers and so by having procurement software in place, you cut down on the number of mistakes that are made by people entering order figures manually.
- It gives you that competitive edge – The hospitality industry is incredibly competitive and so you need to do whatever you can to distance yourself from your closest competitor. By putting an automated system using procurement software in place, you are providing yourself with that competitive advantage that you have been searching for many years now.
If you want to enjoy the above four benefits then you need to make sure that you choose the right kind of procurement software every single time.