Physical Resource Operations Assignment Example | Topics and Well Written Essays - 6500 words

Physical Resource Operations - Assignment Example 20 yrs 500 6250 1 yr Rogers 7005 Kitchen Coolers Kitchen 6/6/2004 Jarvis 2300 10 yrs 0 2300 1 yr Rogers 7006 Kitchen Microwave Rec 6/6/2004 Poolman 350 2 yrs -100 350 1 yr Rogers 8001 Pool Rec 4/7/2004 Galliford 18650 20 yrs 200 19000 3 months Mott 8002 Pool Table Rec 4/7/2004 Galliford 3500 5 yrs -500 3000 1 yr Mott 8003 Sports Equipment Rec 4/7/2004 Galliford 1300 2 yrs -500 1300 3 months Mott 8004 Tennis Courts 4/7/2004 Galliford 16000 20 yrs 4000 20000 1 yr Mott Question 2 Outline Purchase Strategy for Heron that is transportable to larger hotels Heron Hotel Purchase Strategy: Determine funding allocations and assets that are available for the department the purchase is to be proposed too by consulting with management team and discussing limitations of the proposed budget as well as liabilities that the purchase may create to ensure that there is a balance between assets, goals and liabilities. It is important that the price of the purchase will not exceed the allocated budget without senior management approval. It is the financial department's responsibility to determine any grants, loans and fiscal liabilities that may be involved with the purchase as well as the value of the assets and services that will be acquired. For the following, develop three alternatives in vendor and resources of the proposed purchase to outline available options. It is held in utmost importance to determine, describe and present the physical characteristics of purchase and the way in which the proposal will assist the facility's goals and the departments that will be involved in the purchase. This will ensure that there is not a difference in purchase traits compared to the needs of the business. List the items involved in the purchase and evaluate the cost as it relates to... It is held in utmost importance to determine, describe and present the physical characteristics of purchase and the way in which the proposal will assist the facility's goals and the departments that will be involved in the purchase. This will ensure that there is not a difference in purchase traits compared to the needs of the business. It is especially important to determine what resources are necessary to utilize the purchase as well as determine any rudimentary costs that will be involved to determine the full cost of the purchase, state these regarding the short and long term costs and the effective outcomes. It is also important in the purchase proposal to determine the long and short term values of the purchase and the holistic effect on the facility by discussing with financial and marketing managers to ensure that it is within the resource budget and determine if any liability will be caused and if that liability can be afforded, but also ensure that it is within business and marketing strategy. Furthering on the discussion with marketing and financial officers, evaluate relationship of purchase to business goals and plans to determine if purchase will enhance or hinder the profitability of the hotel, and if said purchase is feasible within the budget limitations. Define choice of supplier from a minimum of two