Inventory Management
Objectives:
•Define an d explain inventory management;
•Compute and undersd the Annual Stock Turnover;
•Compute and understand the Re-Order point;
•Compute and understand the Economic Order
Quantity; and
• Understand the Distribution Strategies of
hospitality industry.
•
2. Backpacker- An establishment commonly, a house that offers lodging for
backpackers, travelers or youth hikers for a cheap price.
3. Bed & Breakfast (B&B)- A private home in which guest can be accommondated
at night in private bedrooms (which may or many not have private bathrooms).
4. Boutique Hotel- An establishment providing all the features and facilities of a
normal hotel in unique and exclusive style. These properties are generally small,
features top class service and are marketed to affluent.
5. Budget Hotel- This is deal for business travelers and those who don't require
frills and want to save some money.
6. Camping Park- A park for camping only.
7. Campus Accommondation- The accommondation provided by colleges and
univerties fir their student is often made available with meals to individuals or
group at certain time of year, typically the summer, easter and christmas holiday
periods.
8. Guest House- Generally a private home which has been converted for the
dedicated and exclusive use of guest accommondation.
9. Holiday Park- A park the offers holiday homes and most likely, touring camping
pitches.
10. Hotel- Generally the largest of all accommondation types. There is typically
Common reception area, and rooms generally open directly onto a hallway. The
on-site reataurant and offer facilities are more accessible to the public than the
other accommondation types.
11. Hospice- A place of refuge for travelers, often operated by a religious order.
12. Hostel- A lodging supervised by adults, planned for the use of young hikers
or bicyclist, also youth hostel. A student residence or dormitory.
13. Inn - This is a traditional type of accommodation within the pub.
14. International Resort Hotel- A hotel with a 5 - star quality award that has a
range of leisure and sporting facilities. These include an 18 - hole golf course,
swimming pool and leisure centre, and country pursuit.
15. Lodge - An accommondation facility which is located and designed to
optimize the feelings of being closely in touch with nature.
16. Motel - You might be confuse or sometimes you might mix the meaning of
hotel and motel.
17. Pension Home - A private or family-operated tourist boarding house, tourist
guest house or tourist lodging house employing non-professional domestic helper.
18. Private Home- This type of accommondation is not dedicated for full time
occupation of guests, but is a private house or apartment which is temporarily
available for rental, often during peak tourism season.
19.Transient House- A house for rent where people having a vacation can rent for
a short term. This is where they can use all the house's facilities.
20. Resort- Any place or places with pleasant environment and atmosphere
conductive to comport, healthful relaxation and rest, offering food, sleeping
accommondation and recreational facilities to the public for as those staying
there.
21. Restaurant with Rooms- The restaurant is the most significant part of the
business, and is usually open to non-residents as well as those staying there.
22. Self catering- A house, cottage, apartment, chalet or similar
accommondation, with self catering facilities, which is let normally on a weekly
basis to individuals, althought breaks may be available.
23. Serviced Apartment- Essentially self catering apartments where services such
as cleaning are available. Meals and drinks may be also available, either to each
apartment or in a restaurant and/or bar on site.
• Discuss the hotel classification and standard
requirements
The following are the minimum requirements for the operation of a
Hotel in the Philippines for the purpose of accreditation and as hereby
classified by the tourism in the following categories, namely.
A) De Luxe Class
B) First Class
C) Standard Class
D) Economy Class
Hotel Classification Room size, facilities
and other services
Hotel facilities Hotel services
De Luxe class
*Rooms are at least
twenty five (25)sq.
Meters
*Private batroom with
bathtub and shower
and 24 hour running
hot and cold water
*telephone
*Radio and television
*cold drinking water
*in room refrigerator
and well stocked mini
bar
*24 hour room
servvices
*Function / conference
facilities
*swimming pool
*tennis,Golf, squash or
Gym facilities
*live entertainment
*Barber shop, beauty
parlor and sundry shop
*DOT- accredited travel
Agency/ tour counter
*Pouter
*Foreign exchange
*Mailing
*Long Distance
/overseas calls
*left Ingrate and safety
deposit Boxes
*talex and facsimile
*laundry and dry
cleaning
*parking valet services
*meducal services
*Business center
*Limousine service,
Airport transfers
available 24 hours
Hotel
Classification
Room Size,
Facilities and
other services
Hotel Facilities Hotel Services
First Class
*Rooms are atleast
twenty five (25) sqm
*Private bathroom
with bathtub and cold
water
*telephone
*Radio, Television or
piped in music
*cold drinking water
*24 hour room
servuce
* Function /
Conference
* Swimming pool
*tennis, Giolf
,7squash or gym
facilities or tie up with
the vicinity of the
hotel
*live entertainment
*barber shop, beauty
parlor and sundry
shop
*DOT- accredit travel
Agency/ tour Counter
*Pouter
*Foreign Exchange
*Mailing
*Long distance
/overseas calls
*Left luggage and
safety deposit boxes
*Talex and facsimile
*laundry and dry
cleaning
*parking / valet
services
*Limousine Service
,Airport Transfer
available 24 hours
Hotel
Clssification
Room size,
Facilities and
other Services
Hotel Facilities Hotel Services
Standard Class *rooms are at least
eighteen(18) sqm.
*private bathroom
with shower and 24
hour cold running
water and hot water
at selected hours
*telephone
*Cold drinking water
*Room services
* Sundry Shop *pouter
*foreign exchange
*mailing
*long distance /over
seas calls
*telex
*laundry and dry
ckeaning by
arrangement
*parking
*24 hours medical
services
*airport transfers
Economy class *room are atleast
18sqm
*cold drinking water
*Room services
*porter
*laundry and dry
cleaning by
arrangement
*medical services
upon request
•Discuss the different types of hotel.
Style and Location of Hotels- Hotels are generally classified by their style and
location. Each classification is geared to specific clientele. Several companies
classify hotels according to amenities and services by using a star system. The
more stars, the more luxurious the hotel. For the most part, classification can
way within each type of hotel styles. However, it is rare for budget to attain
extremely high ratings, because they do not have the amenities necessary for
higher classification.
Resort Hotels-Resort hotels are frequented by the costumer on vacation. They
may feature amenities that will permit their clientele to relax and have fun
Airport Hotels- airport hotel are designed to have clean and are booked
beacause of their close proximity to the airport. often , they offer shuttles to and
from the airport.
Casino Hotels- Casino hotels are unique beacuase they provide preferential
to gambles. Gueast who spend enough time or money at the casuncan
receive complimentary roomd and dining.
Economy Hotels- economy hotels provide limited amenities at reasonable
rates, sometimes economy hotels provide guest with a conplementary
continental breakfast.
Conference center and commercial hotels-Comfirence center ls and
commercial hotels are designed for business.
Suite Hotels- suit hotels appeal to business people that prefer a seperate
work space or families that want one room.
•Discuss the different classification of resort
Resort are classified and certified by the Department of tourism, resorts
falling hereunder have complied with its minimum standards in the operation of
the establishment concerned To ensure the safety, comfort, and conveience of
tourists.
Class AAA
• In a suitable location free of noice, atmoespheric, and marine pollution
• Free parking for guest (if applicable)
• First class guest zimmer
• atleast four(4) sports and recreational facilities
CLASS AA
• In a suitable location free noise, atmospheric , and marine pollution
• free parking for guests ( if applicable)
• standard class guest zimmer
• public wash zimmer
• atleast four sport and recreationan facilities
• conference and convention facilities
• employee facilities
CLASS A
• Ina suitable location free of noise, atmospheric and marine pollution
• free parking for guests
• public wash zimmer
• atleast four sports and recreational facilities
.• atleast one food and beverage outlet
•Discuss the various types of variation of a
restaurant
Fast food- Fast food reataurant emphasize speed of service
Fast Casual-fas casual reataurant usually do not offer full table
service,but may offer non disposable plates and cutlery.
Casual Dinning- A casual dining restaurant is a restaurant that serves
moderately priced food in a casual atmosphere.
Family Style- Family style restaurant are a type of casual dining
restaurant dining restaurant where food is often served on plates
and the diners serve themselves.
Fine Dining- Fine dining restaurant are full service restaurant
with specific dedicated meal courses.
•Discuss the various of a Restaurant
•Brasserie and Bistro - In the US has envolved from the original
french idea to type of restaurant servibg moderately priced heavy
meals french inspired comfort food.
Buffet and Smorgasbord- Buffetand smorgasbord offer patrons
a selection of food at a fixed priced .
Café- cafe are internal restaurant offering a range of hot meals and
made to order sandwich.
Cafeteria-A cafeteria is a restaurant serving ready cooked food
arranged behind a food serving counter.
Coffeehouse- Coffeehouse is casual restaurants
without table service that emphasize coffee and other
beverages, typically a limited selection of cold food
such as pastries and perhaps sandwiches are offered
as well.
•Destination Restaurant- A destination restaurant is one
that has a strong eough appeal to draw customers from beyond its
community
•Tabletop Cooking- Customers are seated as in casual
dining setting. Food items are prepared by the establishments for
coding an embedded has stoves, inductions cookers, or charcoal
grills, the customer has control Over the heating power of the
appliance.
•Mongolian Barbecue-Despite the name, the
Mongolian Barbecue form of restaurant in not Mongolian,
actually derived from taiwan and inspired by japanese
teppanyaki.
•Pub-Mainly in UK and other countries influenced by british
culture, a pub (short for public house) is hut that sometimes
serves simple food fare.
• Teppanyaki- style- Many Restaurants specializing in
japanese cuisine offer the teppanyaki grill, which is more
accurately based on a type of charcoal stove that is called
shichirin in japan Diners, Often in multiple, unrelated
parties.
•Discuss the hotel ownership and affiliation
• International Corporate Hotels
These are large chains which almost household words in
the hotel entering industry (e.g. Hilton, Holiday Inns, Internal
Continental and Mariott). Some of the groups are a
combination of company-owned, franchised and
management contract operations. While others werw
entirely owned by an individual or a compang. Their main
features include standardization of services , Facilities and
prices, and Many chains endeavor to perate a hotel in most
capitals in the world.
• Major National Hotel Companies
The Other foreign has its share of international hotels and
many of the major national hotel companies are equally well
known all over the world. This sector of the trade is
increasingly dominated by the breweries, which have
expanded into the hotel business over the last few years.
• Small Hotel Groups
Not all of hotels are large or widely dispersed. Some
companies own a group that mah consist of no more than
four or five hotels, and they may be confined to a particular
region or country.
• Independent Hotels
These are units which are privately owned or independent of
any company. Many guests enjoy staying at an establishment of
this nature because of the individuality of the operation. The
countries the guest must find another hotel which suits them
and other for their needs. Boutique hotels are often
independent hotels. These hotels offer the guest a unique
experience.
•Hotel consrtium
This system overcomes the disadvantage referred to above
since it provides a way for independently owned hotels to
affliate themeselves to one another without surrending their
individuality. The advantages to the hotel include shared
advertising costs, bulk purchasing and a referral of bookings,
and to the guest a standardizing of quality. Examples of hotel
consortiums are small luxury hotels of the world and preferred
hotels and resorts.
THANK YOU!

Inventory Managament.pptx

  • 1.
  • 2.
    Objectives: •Define an dexplain inventory management; •Compute and undersd the Annual Stock Turnover; •Compute and understand the Re-Order point; •Compute and understand the Economic Order Quantity; and • Understand the Distribution Strategies of hospitality industry.
  • 3.
  • 5.
    2. Backpacker- Anestablishment commonly, a house that offers lodging for backpackers, travelers or youth hikers for a cheap price. 3. Bed & Breakfast (B&B)- A private home in which guest can be accommondated at night in private bedrooms (which may or many not have private bathrooms).
  • 6.
    4. Boutique Hotel-An establishment providing all the features and facilities of a normal hotel in unique and exclusive style. These properties are generally small, features top class service and are marketed to affluent. 5. Budget Hotel- This is deal for business travelers and those who don't require frills and want to save some money.
  • 7.
    6. Camping Park-A park for camping only. 7. Campus Accommondation- The accommondation provided by colleges and univerties fir their student is often made available with meals to individuals or group at certain time of year, typically the summer, easter and christmas holiday periods.
  • 8.
    8. Guest House-Generally a private home which has been converted for the dedicated and exclusive use of guest accommondation. 9. Holiday Park- A park the offers holiday homes and most likely, touring camping pitches.
  • 9.
    10. Hotel- Generallythe largest of all accommondation types. There is typically Common reception area, and rooms generally open directly onto a hallway. The on-site reataurant and offer facilities are more accessible to the public than the other accommondation types. 11. Hospice- A place of refuge for travelers, often operated by a religious order.
  • 10.
    12. Hostel- Alodging supervised by adults, planned for the use of young hikers or bicyclist, also youth hostel. A student residence or dormitory. 13. Inn - This is a traditional type of accommodation within the pub.
  • 11.
    14. International ResortHotel- A hotel with a 5 - star quality award that has a range of leisure and sporting facilities. These include an 18 - hole golf course, swimming pool and leisure centre, and country pursuit. 15. Lodge - An accommondation facility which is located and designed to optimize the feelings of being closely in touch with nature.
  • 12.
    16. Motel -You might be confuse or sometimes you might mix the meaning of hotel and motel. 17. Pension Home - A private or family-operated tourist boarding house, tourist guest house or tourist lodging house employing non-professional domestic helper.
  • 13.
    18. Private Home-This type of accommondation is not dedicated for full time occupation of guests, but is a private house or apartment which is temporarily available for rental, often during peak tourism season. 19.Transient House- A house for rent where people having a vacation can rent for a short term. This is where they can use all the house's facilities.
  • 14.
    20. Resort- Anyplace or places with pleasant environment and atmosphere conductive to comport, healthful relaxation and rest, offering food, sleeping accommondation and recreational facilities to the public for as those staying there. 21. Restaurant with Rooms- The restaurant is the most significant part of the business, and is usually open to non-residents as well as those staying there.
  • 15.
    22. Self catering-A house, cottage, apartment, chalet or similar accommondation, with self catering facilities, which is let normally on a weekly basis to individuals, althought breaks may be available. 23. Serviced Apartment- Essentially self catering apartments where services such as cleaning are available. Meals and drinks may be also available, either to each apartment or in a restaurant and/or bar on site.
  • 16.
    • Discuss thehotel classification and standard requirements The following are the minimum requirements for the operation of a Hotel in the Philippines for the purpose of accreditation and as hereby classified by the tourism in the following categories, namely. A) De Luxe Class B) First Class C) Standard Class D) Economy Class
  • 17.
    Hotel Classification Roomsize, facilities and other services Hotel facilities Hotel services De Luxe class *Rooms are at least twenty five (25)sq. Meters *Private batroom with bathtub and shower and 24 hour running hot and cold water *telephone *Radio and television *cold drinking water *in room refrigerator and well stocked mini bar *24 hour room servvices *Function / conference facilities *swimming pool *tennis,Golf, squash or Gym facilities *live entertainment *Barber shop, beauty parlor and sundry shop *DOT- accredited travel Agency/ tour counter *Pouter *Foreign exchange *Mailing *Long Distance /overseas calls *left Ingrate and safety deposit Boxes *talex and facsimile *laundry and dry cleaning *parking valet services *meducal services *Business center *Limousine service, Airport transfers available 24 hours
  • 18.
    Hotel Classification Room Size, Facilities and otherservices Hotel Facilities Hotel Services First Class *Rooms are atleast twenty five (25) sqm *Private bathroom with bathtub and cold water *telephone *Radio, Television or piped in music *cold drinking water *24 hour room servuce * Function / Conference * Swimming pool *tennis, Giolf ,7squash or gym facilities or tie up with the vicinity of the hotel *live entertainment *barber shop, beauty parlor and sundry shop *DOT- accredit travel Agency/ tour Counter *Pouter *Foreign Exchange *Mailing *Long distance /overseas calls *Left luggage and safety deposit boxes *Talex and facsimile *laundry and dry cleaning *parking / valet services *Limousine Service ,Airport Transfer available 24 hours
  • 19.
    Hotel Clssification Room size, Facilities and otherServices Hotel Facilities Hotel Services Standard Class *rooms are at least eighteen(18) sqm. *private bathroom with shower and 24 hour cold running water and hot water at selected hours *telephone *Cold drinking water *Room services * Sundry Shop *pouter *foreign exchange *mailing *long distance /over seas calls *telex *laundry and dry ckeaning by arrangement *parking *24 hours medical services *airport transfers Economy class *room are atleast 18sqm *cold drinking water *Room services *porter *laundry and dry cleaning by arrangement *medical services upon request
  • 20.
    •Discuss the differenttypes of hotel. Style and Location of Hotels- Hotels are generally classified by their style and location. Each classification is geared to specific clientele. Several companies classify hotels according to amenities and services by using a star system. The more stars, the more luxurious the hotel. For the most part, classification can way within each type of hotel styles. However, it is rare for budget to attain extremely high ratings, because they do not have the amenities necessary for higher classification. Resort Hotels-Resort hotels are frequented by the costumer on vacation. They may feature amenities that will permit their clientele to relax and have fun Airport Hotels- airport hotel are designed to have clean and are booked beacause of their close proximity to the airport. often , they offer shuttles to and from the airport.
  • 21.
    Casino Hotels- Casinohotels are unique beacuase they provide preferential to gambles. Gueast who spend enough time or money at the casuncan receive complimentary roomd and dining. Economy Hotels- economy hotels provide limited amenities at reasonable rates, sometimes economy hotels provide guest with a conplementary continental breakfast. Conference center and commercial hotels-Comfirence center ls and commercial hotels are designed for business. Suite Hotels- suit hotels appeal to business people that prefer a seperate work space or families that want one room.
  • 22.
    •Discuss the differentclassification of resort Resort are classified and certified by the Department of tourism, resorts falling hereunder have complied with its minimum standards in the operation of the establishment concerned To ensure the safety, comfort, and conveience of tourists. Class AAA • In a suitable location free of noice, atmoespheric, and marine pollution • Free parking for guest (if applicable) • First class guest zimmer • atleast four(4) sports and recreational facilities
  • 23.
    CLASS AA • Ina suitable location free noise, atmospheric , and marine pollution • free parking for guests ( if applicable) • standard class guest zimmer • public wash zimmer • atleast four sport and recreationan facilities • conference and convention facilities • employee facilities
  • 24.
    CLASS A • Inasuitable location free of noise, atmospheric and marine pollution • free parking for guests • public wash zimmer • atleast four sports and recreational facilities .• atleast one food and beverage outlet
  • 25.
    •Discuss the varioustypes of variation of a restaurant Fast food- Fast food reataurant emphasize speed of service Fast Casual-fas casual reataurant usually do not offer full table service,but may offer non disposable plates and cutlery.
  • 26.
    Casual Dinning- Acasual dining restaurant is a restaurant that serves moderately priced food in a casual atmosphere. Family Style- Family style restaurant are a type of casual dining restaurant dining restaurant where food is often served on plates and the diners serve themselves.
  • 27.
    Fine Dining- Finedining restaurant are full service restaurant with specific dedicated meal courses.
  • 28.
    •Discuss the variousof a Restaurant •Brasserie and Bistro - In the US has envolved from the original french idea to type of restaurant servibg moderately priced heavy meals french inspired comfort food.
  • 29.
    Buffet and Smorgasbord-Buffetand smorgasbord offer patrons a selection of food at a fixed priced .
  • 30.
    Café- cafe areinternal restaurant offering a range of hot meals and made to order sandwich.
  • 31.
    Cafeteria-A cafeteria isa restaurant serving ready cooked food arranged behind a food serving counter.
  • 32.
    Coffeehouse- Coffeehouse iscasual restaurants without table service that emphasize coffee and other beverages, typically a limited selection of cold food such as pastries and perhaps sandwiches are offered as well.
  • 33.
    •Destination Restaurant- Adestination restaurant is one that has a strong eough appeal to draw customers from beyond its community
  • 34.
    •Tabletop Cooking- Customersare seated as in casual dining setting. Food items are prepared by the establishments for coding an embedded has stoves, inductions cookers, or charcoal grills, the customer has control Over the heating power of the appliance.
  • 35.
    •Mongolian Barbecue-Despite thename, the Mongolian Barbecue form of restaurant in not Mongolian, actually derived from taiwan and inspired by japanese teppanyaki.
  • 36.
    •Pub-Mainly in UKand other countries influenced by british culture, a pub (short for public house) is hut that sometimes serves simple food fare.
  • 37.
    • Teppanyaki- style-Many Restaurants specializing in japanese cuisine offer the teppanyaki grill, which is more accurately based on a type of charcoal stove that is called shichirin in japan Diners, Often in multiple, unrelated parties.
  • 38.
    •Discuss the hotelownership and affiliation
  • 39.
    • International CorporateHotels These are large chains which almost household words in the hotel entering industry (e.g. Hilton, Holiday Inns, Internal Continental and Mariott). Some of the groups are a combination of company-owned, franchised and management contract operations. While others werw entirely owned by an individual or a compang. Their main features include standardization of services , Facilities and prices, and Many chains endeavor to perate a hotel in most capitals in the world.
  • 40.
    • Major NationalHotel Companies The Other foreign has its share of international hotels and many of the major national hotel companies are equally well known all over the world. This sector of the trade is increasingly dominated by the breweries, which have expanded into the hotel business over the last few years.
  • 41.
    • Small HotelGroups Not all of hotels are large or widely dispersed. Some companies own a group that mah consist of no more than four or five hotels, and they may be confined to a particular region or country.
  • 42.
    • Independent Hotels Theseare units which are privately owned or independent of any company. Many guests enjoy staying at an establishment of this nature because of the individuality of the operation. The countries the guest must find another hotel which suits them and other for their needs. Boutique hotels are often independent hotels. These hotels offer the guest a unique experience.
  • 43.
    •Hotel consrtium This systemovercomes the disadvantage referred to above since it provides a way for independently owned hotels to affliate themeselves to one another without surrending their individuality. The advantages to the hotel include shared advertising costs, bulk purchasing and a referral of bookings, and to the guest a standardizing of quality. Examples of hotel consortiums are small luxury hotels of the world and preferred hotels and resorts.
  • 44.