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How F&B Companies Can Mitigate Some of the Industry’s Biggest Risks

Modern Restaurant Management

Additionally, partnering with an unreliable supplier can lead to significant supply chain risks. Any disruptions to their business can lead to disruptions to yours, whether it’s a transportation issue or challenges procuring raw materials.

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Pandemic Pivots Don’t Offset Restaurants’ Need to Manage Looming Risks

Modern Restaurant Management

In this environment, smart and strategic risk management has never been more important. Independent drivers, though, should be advised to procure their own coverage. Pandemic Pivots Still in Play. Are third party deliveries making a big difference in the bottom line or just driving incremental revenue?

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Rosen Hotels & Resorts promotes key leaders

Hotel Business

In addition to overseeing hotel operations, his role expands to include sales and marketing, risk management and guest contact. He also oversees operations for Millennium Technology Group, procurement and merchandising. He also serves as a VP on the companys board of directors.

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FutureLog Awarded Prestigious International Standard on Assurance Engagements ISAE 3402 Type I and II Certifications

Hospitality Net

FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry, is proud to announce that it has achieved the prestigious International Standard on Assurance Engagements (ISAE) 3402 Type I and Type II certifications.

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Synergy achieves silver EcoVadis rating

Serviced Apartments

Criteria is evaluated across 21 elements and the four pillars of environmental sustainability, human rights, ethics and sustainable procurement. Charlotte Winter, sustainability co-lead and general manager at Synergy , said: “Achieving a top 15 per cent rating via EcoVadis is a testament to Synergy’s commitment to sustainability.

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Key Ingredients for Effective Vendor Management in Food Service

Synergy Suite

Proactive risk management measures, such as supplier diversification, further buffer the restaurant from unexpected vendor-related challenges. Know Who To Call Effective communication is the cornerstone of vendor management, ensuring all parties stay aligned and issues are addressed promptly for seamless operational flow.

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How to create a business plan for a hotel

Les Roches

Risk management Risk management is essential in any sector, including the hospitality industry. For this, you will need to provide well-reasoned, yearly projections that take into account peak seasons and off-peak periods – and it’s the same in a large or small hotel plan.