Purchasing: Selection and Procurement for the Hospitality Industry, 7th Edition

by Andrew H. Feinstein (University of Nevada, Las Vegas); John M. Stefanelli (University of Nevada, Las Vegas)

• ISBN13: 9780471730088
• ISBN10: 0471730084
• Edition: 7th
• Format: Hardcover
• Copyright: 2007-10-01
• Publisher: Wiley

Summary

Essential information from a manager's perspective-revised for today's industry Within any hospitality business, the purchasing function underlies every aspect of the operation. Even if they are not purchasing agents, hospitality managers must have a firm grasp of purchasing principles in order to run a successful operation. Purchasing: Selection and Procurement for the Hospitality Industry, Seventh Edition offers a revised and updated edition of the foundational resource for this crucial area. The Seventh Edition of this classic book features: * In-depth coverage throughout of the latest purchasing technology applications * The most current standards and trends in all areas of purchasing: food, furniture, fixtures, and equipment * Discussions and interviews with industry executives on how purchasing affects their business * A new full-color interior design filled with vibrant color photographs * Questions, problems, experiential exercises, glossary, Web site links, and other practical features The Seventh Edition covers not only the latest purchasing techniques and practices, but also provides comprehensive coverage of the timeless principles of this essential topic. From the first steps of selection, to receiving, storing, and managing goods and services, Purchasing, Seventh Edition is essential reading for anyone starting or developing a career in hospitality management.

Author Biography

Andrew Hale Feinstein is Professor and Associate Dean at the William F. Harrah College of Hotel Administration at the University of Nevada, Las Vegas. He also serves as the Senior Advisor to the President of the University.

John M. Stefanelli is a professor in the Food and Beverage Management Department at William F. Harrah College of Hotel Administration at the University of Nevada, Las Vegas.

Table of Contents

Preface

The Concept of Selection and Procurement

Technology Applications in Purchasing

Distribution Systems

Forces Affecting the Distribution Systems

An Overview of the Purchasing Function

The Organization and Administration of Purchasing

The Buyer's Relations with Other Company Personnel

The Purchase Specification: An Overall View

The Optimal Amount

The Optimal Price

The Optimal Payment Policy

The Optimal Supplier

Typical Ordering Procedures

Typical Receiving Procedures

Typical Storage Management Procedures

Security in the Purchasing Function

Fresh Produce

Processed Produce and Other Grocery Items

Dairy Products

Eggs

Poultry

Fish

Meat

Beverages

Nonfood Expense Items

Services

Furniture, Fixtures, and Equipment

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.