Benefits of budget management with supply chain consultants
Supply chain management is the act of overseeing and managing an entire supply chain, from the hotel’s design and concept stages to its product delivery and closeout. As opposed to procurement consultants, supply chain consultants must wear many hats. They must procure (if not manufacture) quality goods, set up a supply chain network and provide logistics. While installation, warehousing and inventory management form key parts of an intricate process, budget management is especially critical for a hospitality project. One of the larger benefits of working with supply chain consultants as opposed to procurement consultants is a significant reduction in costs for hotel owners, investors and developers.
“Our team expertise ranges from concept and design to fit-out and joinery along with project and budget management,” says Darryl Rego, Managing Director of HPG International Middle East & Africa (HPGI MEA). As supply chain consultants (versus procurement consultants), part of their Due Diligence process includes specification development, reviewing layout plans and furniture shop drawings. They thoroughly examine how FF&E and OS&E items may operate within the allotted spaces. This allows for any potential issues to be addressed early on, eliminating the need for costly corrective action later.
HPG International’s Middle East & Africa operations is a subsidiary of Provision Hospitality Trading DMCC (Provision) based in Dubai, UAE. Provision is also a member of Essensa, the world’s largest group purchasing organization. With an annual purchasing volume of $44 Billion, Essensa provides access to the most competitive and extensive product portfolio available with the flexibility to deliver unique vendor contract enhancements. Coupled with their strong, ongoing relationships with vendors, the HPGI MEA team lends their brand knowledge and expertise to verify the right products for every project they are awarded.
In working with consultants at HPGI MEA, hotel owners, investors and developers also gain the added benefit of fully coordinated project logistics. Their unique web-based solution enables budget tracking through the entire lifespan of the project and is accessible by all project stakeholders. This ensures complete visibility on hidden costs such as freight and shipping. By utilizing their expertise in logistics, it can result in a significant reduction in shipment costs.
― Related articles ―
― Best Stories for you ―