Assignment 1 Principles Of Goods Selection

In relation to hospitality and catering, the non-commercial or “public” sector exists in the form of hospitals and institutes of education. Organisations in the commercial sector are privately owned and exist solely to find a niche to exploit to make money. While money-making is still a factor in the private sector, it is not the main goal. With the primary goal, demographic and expectations of the target audience, along with location and budget, all taken into account, different areas of the hospitality and catering industry begin to differ widely.

will look onto this factor as well. Since edible arrangements have high standard of quality it

All their suppliers range from small farming cooperatives to multinational corporations . They consider factors such as capacity, quality and cost when selecting companies to buy from. In addition, seek only to work with suppliers that can consistently meet standards and specifications and

usually are more reliable and consumers are willing to pay a larger sum of money for the goods. The produce is usually fresher and comes from a smaller line of handling

Continuing with a food retailer, Greggs or a restaurant will want to get fresher ingredients than other retailers so that they can make sure they produce all of their products to be as fresh as can be. This can be done for example by Gregg’s own in-store bakeries having their ingredients delivered in the morning and then they bake them the same morning to make sure they are as fresh as possible. When they order the ingredients from the producers they will have to check that the supplier is storing the produce correctly before purchasing, otherwise they may purchase products that could be unsuitable for them to use and if they did use them, could create problems for them in the future. A good example of this could be

on limited and extensive choice in context to hotels. This study aimed to replicate current

Woolworths and Coles would have agreements with farmers to supply exclusively to them, in exchange for the firm purchasing all of their quality produce. Woolworths and Coles are also more likely to be able to purchase products, including fruit and vegetables, for a cheaper price than small, independent sellers, as they are purchasing in bulk. According to McKenzie (2002) "No major supplier, no matter how big or powerful they are, can afford to be offside, or out of favour, with Coles or Woolworths".

The process outlined by Mr. James reflects a growing practice today. I was not surprised by the charge given us. Companies in the hotel industry are looking for and expecting a documented favorable financial return on their expenditures. Admittedly, sales and marketing has lagged behind other functions, such as lodging operations, in showing measurable profit results from its efforts. The new planning and budgeting process will be a challenge because it is “bottom-up” and profit driven rather than “top-down” and revenue driven. But it is a worthwhile undertaking to achieve profitability within two years. I hope the planning and budgeting process doesn’t turn into a cost-cutting exercise.

President Obama needs to return to the issues encompassing the prisoners held in Guantanamo. In 2014, the President exchanged five senior Taliban authorities held at Guantanamo for a US wartime captive (Sgt. Bowe Bergdahl) President Obama is not persuaded the staying 150 or more prisoners ought to be retained and attempted as war offenders in Guantanamo. The feeling of the Congress uncovers US administrators don't need the remaining prisoners to be exchanged to US jails or to be turned free in the United States. Nearby political weights and general sentiment, prodded by the media, did not permit the prisoners to be moved to the US and attempted in the President's first term.

Food purchases is one of the main important things for a restaurant and because of the competition among food brokers we can use this to our benefit. We cann can negotiate a contract with a minimal number of food suppliers to take advantage of cost savings.For example, a broker will offer percentage discounts if the restaurant agrees to make all food purchases with a sole supplier. Owners also can contract to buy in bulk but take delivery over an extended period of time which is a great

The food industry of Australia is a vital component of the country's wealth and economy. The industry makes a incredibly high contributions to the economy of the regional areas through business, service opportunities and employment. As per these subsidiaries of the food industries, the main aspect on which every retail store emphasizes is the quality of the product. More precisely we can say that it is based on the “freshness” of the food.

• Evaluating all current and future purchasing policies and practices across the brands to ensure that the range of products placed in hotels not only enhance the guest experience but drive value for owners while supporting the company's overall

Suppliers in the industry seek buyers who can move a lot of merchandise in a short period of time. The threat of substitution is a big deal in this industry. Most retail stores carry the same types of products with little differentiation. This makes it difficult for companies in this industry to keep customers coming back. This places an emphasis on the need to build a good reputation with customers.

The supply chain department for cement sector wants to improve their supplier selection process. The intended objective of this inspection wants to develop a competitive supplier base out of bulk suppliers available in the market that would result in competitive advantage over

Chan, ESW & Wong, SCK 2006, ‘Hotel selection: when price is not the issue’, Journal of Vacation Marketing, vol. 12, no. 2, pp. 142-159, (Online Sage).