Maintaining purchase information
The purchasing department is responsible for maintaining relevant purchasing information in order to assist them in purchasing goods or services efficiently.
1. Information research: to respond to the needs of the Requesting department and to be recognized by the vendors as an educated buyer, the purchasing department should always research information such as:
- Distribution channel, buying method and dealer names for each item to be purchased
- Market price and product information
- Price and product information from purchasing department of other hotels
- Availability of new products that may be beneficial to the departments
2. As part of establishing an information source about the hotel’s supplies, the following records should be kept:
- Purchase, stock and consumption records
- Good specification files / price records / contract files
- Suppliers records, manufactures’ catalogues