SlideShare a Scribd company logo
why procurement? FURNISH provide service-driven procurement solutions to the service industry.  We provide a full spectrum of hospitality furnishing and equipment services; from design review to installation. We offer the most pragmatic, client-oriented approach to hospitality FF&E and OS&E consulting and supply, with an emphasis on system generated analysis, reporting and product quality. What is Hospitality Procurement? Procurement can be defined as the purchase of merchandise or services, at the optimum possible total cost, in the correct amount and optimum quality. Hospitality procurement applies this principle to the purchasing of contract quality Furniture, Fixtures and Equipment (FF&E) and Operating Supplies and Equipment (OS&E) for the hospitality industry, summarized by the following steps: Step 1 – Review project requirements and establish budgets Step 2 – Identify suitable sources Step 3 – Obtain competitive prices and adjudicate Step 4 – Place orders, track production and deliveries Step 5 – Manage installation & delivery  Step 6 – Reconcile accounts & manage asset registry
why procurement? Like many industries, it takes a combination of various skills to realize  a project.  A procurement team with the right knowledge and know-how should add the following essential components to the process:  ,[object Object]
 Preparation of  detailed procurement schedules in line with the master program
 Issuance of detailed product listings for operator guidance and selection if necessary (OS&E)
 Receipt and management of specifications for FF&E and OS&E
 Experienced review of FF&E specifications and drawings for quantity verification
 Virtual and final mock-up rooms (if necessary)
 Table top presentations
 Vendor pre-qualification
 Tender process
Negotiation of better prices through established vendor relationships, extended vendor database and bulk buying
 Cost adjudication and recommendation
 Purchasing  using a purpose built procurement management system
 Accounts management
 Production and quality management
 Logistics management
 Installation management
 Labelling and location management
 Collation of fire certificates, warranties & product data after installation
 Asset report creation and handover
 Transparency throughout,[object Object]
Are the specs complete?
How much will/should the FF&E cost?
Where can cost savings be made and do we buy as specified?
Who should supply the custom-built furniture?
What operating supplies must be bought and at what par levels?
Will the hotel operator’s minimum standards be met?
What is a realistic time-line?
What are optimum payment and freight terms?

More Related Content

Viewers also liked

Week 7 Procurement (Purchasing, Receiving And Storing) 2 2552
Week 7  Procurement (Purchasing, Receiving And Storing) 2 2552Week 7  Procurement (Purchasing, Receiving And Storing) 2 2552
Week 7 Procurement (Purchasing, Receiving And Storing) 2 2552
Pavit Tansakul
 
Purchasing
PurchasingPurchasing
Inventory of linen
Inventory of linenInventory of linen
Inventory of linen
Dr. Sunil Kumar
 
Purchasing, receiving and storing food
Purchasing, receiving and storing foodPurchasing, receiving and storing food
Purchasing, receiving and storing food
vistaculinary
 
Ppt of purchase cycle chandra 12mt07ind008
Ppt of purchase cycle chandra 12mt07ind008Ppt of purchase cycle chandra 12mt07ind008
Ppt of purchase cycle chandra 12mt07ind008
samjune
 
Food purchasing control
Food purchasing controlFood purchasing control
Food purchasing control
Rajendra Nabar
 
Purchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing FoodPurchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing Food
Thannia Sabado
 
Menu Planning, Costing, Engineering
Menu Planning, Costing, EngineeringMenu Planning, Costing, Engineering
Menu Planning, Costing, Engineering
Kohinoor - IMI School of Hospitality Management
 
Purchasing policy and procedures
Purchasing policy and proceduresPurchasing policy and procedures
Purchasing policy and procedures
Kris Marie Laserna
 
Purchase Presentation 1
Purchase Presentation 1Purchase Presentation 1
Purchase Presentation 1
prateekbubai
 
Food and Beverage Cost Control
Food and Beverage Cost ControlFood and Beverage Cost Control
Food and Beverage Cost Control
Akmal Hafiz
 
Purchasing management
Purchasing managementPurchasing management
Purchasing management
Mandeep Raj
 
Menu pricing
Menu pricingMenu pricing
Menu pricing
Rajendra Nabar
 
MATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURESMATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURES
Paras Joshi
 
Types of purchasing system
Types of purchasing systemTypes of purchasing system
Types of purchasing system
Avish Shah
 

Viewers also liked (15)

Week 7 Procurement (Purchasing, Receiving And Storing) 2 2552
Week 7  Procurement (Purchasing, Receiving And Storing) 2 2552Week 7  Procurement (Purchasing, Receiving And Storing) 2 2552
Week 7 Procurement (Purchasing, Receiving And Storing) 2 2552
 
Purchasing
PurchasingPurchasing
Purchasing
 
Inventory of linen
Inventory of linenInventory of linen
Inventory of linen
 
Purchasing, receiving and storing food
Purchasing, receiving and storing foodPurchasing, receiving and storing food
Purchasing, receiving and storing food
 
Ppt of purchase cycle chandra 12mt07ind008
Ppt of purchase cycle chandra 12mt07ind008Ppt of purchase cycle chandra 12mt07ind008
Ppt of purchase cycle chandra 12mt07ind008
 
Food purchasing control
Food purchasing controlFood purchasing control
Food purchasing control
 
Purchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing FoodPurchasing, Receiving, and Storing Food
Purchasing, Receiving, and Storing Food
 
Menu Planning, Costing, Engineering
Menu Planning, Costing, EngineeringMenu Planning, Costing, Engineering
Menu Planning, Costing, Engineering
 
Purchasing policy and procedures
Purchasing policy and proceduresPurchasing policy and procedures
Purchasing policy and procedures
 
Purchase Presentation 1
Purchase Presentation 1Purchase Presentation 1
Purchase Presentation 1
 
Food and Beverage Cost Control
Food and Beverage Cost ControlFood and Beverage Cost Control
Food and Beverage Cost Control
 
Purchasing management
Purchasing managementPurchasing management
Purchasing management
 
Menu pricing
Menu pricingMenu pricing
Menu pricing
 
MATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURESMATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURES
 
Types of purchasing system
Types of purchasing systemTypes of purchasing system
Types of purchasing system
 

Similar to FURNISH India - Procurement Services Feb2010

Os&e procurement process sep 2013-3
Os&e procurement process  sep 2013-3Os&e procurement process  sep 2013-3
Os&e procurement process sep 2013-3
Robert Dunn
 
iLumTech Book of services
iLumTech Book of servicesiLumTech Book of services
iLumTech Book of services
iLumTech
 
02 el mercado europeo para servicios ito
02  el mercado europeo para servicios ito02  el mercado europeo para servicios ito
02 el mercado europeo para servicios ito
ProColombia
 
Fym Creative Group Promo Presentation
Fym Creative Group Promo PresentationFym Creative Group Promo Presentation
Fym Creative Group Promo Presentation
Fym Creative Group
 
Gps Company Overview
Gps Company OverviewGps Company Overview
Gps Company Overview
budsewnvac
 
International exhibitions.. Case study
International exhibitions.. Case studyInternational exhibitions.. Case study
International exhibitions.. Case study
Eder Gonzalez
 
Presentation 2009
Presentation 2009Presentation 2009
Presentation 2009
European6864
 
ETQ-IT Limited eBrochure 2015
ETQ-IT Limited eBrochure 2015ETQ-IT Limited eBrochure 2015
ETQ-IT Limited eBrochure 2015
Rachael Murrayfield
 
Meeting Architecture
Meeting ArchitectureMeeting Architecture
Meeting Architecture
guestac88570
 
Meeting Architecture
Meeting ArchitectureMeeting Architecture
Meeting Architecture
arnauts
 
Wall paper solutions - A web based technology project.
Wall paper solutions - A web based technology project.Wall paper solutions - A web based technology project.
Wall paper solutions - A web based technology project.
Parth Shah
 
Gps Company Overview
Gps Company Overview  Gps Company Overview
Gps Company Overview
budsewnvac
 
Technical Event Solutions 2016 V1
Technical Event Solutions 2016 V1Technical Event Solutions 2016 V1
Technical Event Solutions 2016 V1
Carolyn Steatham
 
EPM_selfpromo_generic_2015-04-30
EPM_selfpromo_generic_2015-04-30EPM_selfpromo_generic_2015-04-30
EPM_selfpromo_generic_2015-04-30
Deborah Flack
 
I Level Merson Group Blank
I Level   Merson Group BlankI Level   Merson Group Blank
I Level Merson Group Blank
Stuart Misseldine
 
Our Working Methodology.docx
Our Working Methodology.docxOur Working Methodology.docx
Our Working Methodology.docx
TransconSolution
 
Lt Custom Intro
Lt Custom IntroLt Custom Intro
Lt Custom Intro
KRichardKauffman
 
Oies_IoTPlatformSelectionServices_2017
Oies_IoTPlatformSelectionServices_2017Oies_IoTPlatformSelectionServices_2017
Oies_IoTPlatformSelectionServices_2017
OIES Consulting is Francisco Maroto
 
APS Technologies company presentation
APS Technologies company presentationAPS Technologies company presentation
APS Technologies company presentation
Andreas Kopietz
 
E245 agora week8
E245 agora week8E245 agora week8
E245 agora week8
Stanford University
 

Similar to FURNISH India - Procurement Services Feb2010 (20)

Os&e procurement process sep 2013-3
Os&e procurement process  sep 2013-3Os&e procurement process  sep 2013-3
Os&e procurement process sep 2013-3
 
iLumTech Book of services
iLumTech Book of servicesiLumTech Book of services
iLumTech Book of services
 
02 el mercado europeo para servicios ito
02  el mercado europeo para servicios ito02  el mercado europeo para servicios ito
02 el mercado europeo para servicios ito
 
Fym Creative Group Promo Presentation
Fym Creative Group Promo PresentationFym Creative Group Promo Presentation
Fym Creative Group Promo Presentation
 
Gps Company Overview
Gps Company OverviewGps Company Overview
Gps Company Overview
 
International exhibitions.. Case study
International exhibitions.. Case studyInternational exhibitions.. Case study
International exhibitions.. Case study
 
Presentation 2009
Presentation 2009Presentation 2009
Presentation 2009
 
ETQ-IT Limited eBrochure 2015
ETQ-IT Limited eBrochure 2015ETQ-IT Limited eBrochure 2015
ETQ-IT Limited eBrochure 2015
 
Meeting Architecture
Meeting ArchitectureMeeting Architecture
Meeting Architecture
 
Meeting Architecture
Meeting ArchitectureMeeting Architecture
Meeting Architecture
 
Wall paper solutions - A web based technology project.
Wall paper solutions - A web based technology project.Wall paper solutions - A web based technology project.
Wall paper solutions - A web based technology project.
 
Gps Company Overview
Gps Company Overview  Gps Company Overview
Gps Company Overview
 
Technical Event Solutions 2016 V1
Technical Event Solutions 2016 V1Technical Event Solutions 2016 V1
Technical Event Solutions 2016 V1
 
EPM_selfpromo_generic_2015-04-30
EPM_selfpromo_generic_2015-04-30EPM_selfpromo_generic_2015-04-30
EPM_selfpromo_generic_2015-04-30
 
I Level Merson Group Blank
I Level   Merson Group BlankI Level   Merson Group Blank
I Level Merson Group Blank
 
Our Working Methodology.docx
Our Working Methodology.docxOur Working Methodology.docx
Our Working Methodology.docx
 
Lt Custom Intro
Lt Custom IntroLt Custom Intro
Lt Custom Intro
 
Oies_IoTPlatformSelectionServices_2017
Oies_IoTPlatformSelectionServices_2017Oies_IoTPlatformSelectionServices_2017
Oies_IoTPlatformSelectionServices_2017
 
APS Technologies company presentation
APS Technologies company presentationAPS Technologies company presentation
APS Technologies company presentation
 
E245 agora week8
E245 agora week8E245 agora week8
E245 agora week8
 

Recently uploaded

❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
 
Business storytelling: key ingredients to a story
Business storytelling: key ingredients to a storyBusiness storytelling: key ingredients to a story
Business storytelling: key ingredients to a story
Alexandra Fulford
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
aragme
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for BuildingsStructural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
Chandresh Chudasama
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
CA Dr. Prithvi Ranjan Parhi
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
Adnet Communications
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
AnnySerafinaLove
 
Best practices for project execution and delivery
Best practices for project execution and deliveryBest practices for project execution and delivery
Best practices for project execution and delivery
CLIVE MINCHIN
 
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Neil Horowitz
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
FelixPerez547899
 
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb PlatformThe Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
SabaaSudozai
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
NZSG
 
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
APCO
 

Recently uploaded (20)

❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
 
Business storytelling: key ingredients to a story
Business storytelling: key ingredients to a storyBusiness storytelling: key ingredients to a story
Business storytelling: key ingredients to a story
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for BuildingsStructural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
 
Best practices for project execution and delivery
Best practices for project execution and deliveryBest practices for project execution and delivery
Best practices for project execution and delivery
 
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
 
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb PlatformThe Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
 
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
 

FURNISH India - Procurement Services Feb2010