|
LOG IN |
|
 
|
Major hotel group adopts new procurement program29 Oct 2010Source: Financial Channel InterContinental Hotels Group, the world's largest hotel group by number of rooms, with the endorsement of its owners' association, the IAHI, on October 26 announced the launch of InnSupply by IHG, a new innovative procurement program that capitalizes on the collective buying power of the IHG system and leverages cross-industry vendors to increase economies of scale for its owners. "InnSupply streamlines the procurement process and cuts costs while maintaining the integrity and standards of each brand in the IHG portfolio. Owners in the IHG system participating in the program will have access to the InnSupply web portal that offers catalogue browsing, ordering, tracking, invoice processing and key features offered in a state-of-the-art Purchase to Pay (P2P) solution. It will also allow them to visualize aggregate spend and purchasing data through a variety of reporting and analysis tools providing flexible and actionable information. "We know that we have a great opportunity given our scale and together with the collaboration of our tremendous owners' association, the IAHI, this new procurement program will help us further leverage our buying power," said Jim Abrahamson, president, the Americas, IHG. Read more here |
  |
