New competition in procurement
HI+

New competition in procurement

A US giant wants to buy European companies and launch its model

Procurement
Experts know that procurement is a multidimensional process that encompasses cost management, value optimisation and alignment with brand and operational requirements. / © Mod, Adobe Stock

The capex reserve in the hospitality industry has more than doubled due to coronavirus. Procurement is about more than just buying. FF&E is budgeted; OSE is overlooked. North America's leading procurement company now wants to get a big slice of this revenue pie in Europe too.

Would you like to continue reading?

This article is an HI+ article and only accessible for hospitalityInside subscribers. Please log in with your user data or subscribe.

Autor

Macy Marvel

Macy Marvel

is a former professor of economics and finance at EHL who likes to analyze markets and figures from the global hospitality business. A favourite travel destination: Crete.

{"host":"hospitalityinside.com","user-agent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","accept":"*/*","accept-encoding":"gzip, br, zstd, deflate","x-forwarded-for":"216.73.216.178","x-forwarded-host":"hospitalityinside.com","x-forwarded-port":"443","x-forwarded-proto":"https","x-forwarded-server":"17fef66d9534","x-real-ip":"216.73.216.178"}REACT_APP_OVERWRITE_FRONTEND_HOST:hospitalityinside.com &&& REACT_APP_GRAPHQL_ENDPOINT:http://app/api/v1