Purchasing includes a complex series of management activities designed to maximize value for the hospitality operation and its guests. The importance of purchasing is clear and unmistakable in its contribution to bottom-line profits, continuity of supply, efficient operation, and guest satisfaction as stated by William B. Virtis.
The book is intended for hospitality professionals interested in methods of increasing buying power, as well as students and instructors. In writing this book, the purpose has been to cover innovative techniques available to hospitality purchasers, including cost-plus and forward contracting. The idea is to shift the buying system from the routine maintenance of supply levels to forward-thinking, cost-saving program.
The effective and efficient operation of the purchasing department is exigent because without this vital department we will not be able to offer qualitative food; hence we will not be able to offer qualitative service to our food clients, which is the main goal of every entrepreneur.