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Supply chain and operations management

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Supply chain and operations management
Supply chain and operations management

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transtechwriters@gmail.com or facebook - transtechwiters

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Executive summary
Purpose
The purpose of this executive summary is to provide an outlay of the entire paper. This executive summary provides a brief view of all the details which have been highlighted.
Methodology
The methodology applied for data collection is both primary and secondary methods. For primary data collection, techniques used are mainly interviews of the personnel of Star Inn Hotel and observation. Inventory records have also been assimilated. For collection of secondary data, the website for Star Inn Hotel has been used. The other sources are periodicals and magazines for the hospitality and catering sector.
Findings
One of the findings is that Star Inn Hotel applies forecasting in inventory management. It also applies aggregate planning in operations management and IT. All those applications have enabled the hotel to increase profitability. However, there are challenges such as high costs of migrating to the new system and staff training costs.
Conclusion and recommendations
The conclusion is that Star Inn Hotel has boosted its revenues and profits from some applications. The recommendations are that other players in the industry should adopt similar measures albeit carefully to avoid occasional losses. Such losses are occasioned by system failures.
Business and operations background
The star Inn Hotel is located in Shincliffe, about 1.5 miles from Durham city. The history of this hotel dates back to 1724 when it was a coaching inn. However, this inn has transformed its business to become a 7 star hotel. It is a very good destination for friends and family to relax. As far as the business line is concerned, the hotel offers modern English cuisines though with an international influence. In order to boost its business and gains from



References: Barnes, D. (2008). Understanding Business Process. London: Routledge Publishers. Cole, A. (2009). The Open Economics of a Free Market. London: MacMillan Publishers. Gunasekaran, R. (2008). Shaping Up Operations, - How IT is changing hotel operations. The Journal of IT for Catering Industry, 14. Jespersen, B. D. (2008). Supply Chain Management: - in Theory and Practice. Denmark: Copenhagen Business School Press. Max, M. (2011). Essentials of inventory management. Massachusetts: Jones and Bartlett Publishers. Reilly, P. (2009). Flexibility at the Work Place. London: Penguin Books. Reji, I. (2009). Logistics Management. New Delhi: Anurag Jain. Salzaman, E. (2009). Principles of Excellent Supply Management. Journal of Management, 14-16. Sheela, A. M. (2007). Economics Of Hotel Management. New Delhi: New Age International Publishers. Stevenson, P. (2010). Tendering for Enterprises Today. The Manager 's Guide, 19.

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