(CHAPTER 2)

Literature Review
A literature review can be just a simple summary of the sources, but it
usually has an organizational pattern and combines both summary and
synthesis. A summary is a recap of the important information of the source,
but a synthesis is a re-organization, or a reshuffling, of that information. It
might give a new interpretation of old material or combine new with old
interpretations. Or it might trace the intellectual progression of the field,
including major debates. And depending on the situation, the literature
review may evaluate the sources and advise the reader on the most pertinent
or relevant.

2.1: Identifying Research Questions:-

 Identifying research question means to identify the basics critical
situation on the basis of hypothesis . This study let us to know about the
problems we are facing during the purchase control.

2.1.1: Review of Hypothesis:-

1) Thoroughly studying supplier’s material (catalogue) talking with

sales representatives, and reviewing sample products can help an
organization formulate quality requirements.
2) Distribution charges can be lower due to consolidation of orders
and supplier may offer discounts based on greater purchase volume
which indeed would affect the overall cost.
3) Effective inventory control procedures escalate distribution costs at
a much faster rate than food costs which can certainly provide
opportunity for maximizing profits.

2.2: Appropriate Information:-

2.2.1: Managing Inventory:-

Managing inventory is a tough task for any hospitality operation. Few

companies find it easy to track orders, identify the best price, and arrange
timely delivery of orders. Inventory management is an exacting job that
requires intuition, specialized knowledge, and a huge ability to coordinate
with suppliers and other third parties.
Purchasing systems solutions help make this essential activity less painful,
more efficient, and cheaper. The solutions give management a single view of
their inventory throughout one or more properties. This consolidated
information helps make it easier to compare vendors, manage contract
pricing maintenance, and view historical information for the tracking of
seasonal and special events. These systems help properties provide guests
with the right goods and materials at the right time.
An integrated purchasing system can help your property.
2.3: Critical Evaluation of the Information:-

2.3.1: Advantages:-

• Take full advantage of enterprise buying power to secure better terms and prices from suppliers.

• Improve inventory management and reduce waste by better monitoring supply levels.
Provide managers and employees with fast access to information to help them better server
•
guests.

Managing inventory is a tough task for any hospitality operation. Few

companies find it easy to track orders, identify the best price, and arrange
timely delivery of orders. Inventory management is an exacting job that
requires intuition, specialized knowledge, and a huge ability to coordinate
with suppliers and other third parties.

2.4: Reports and Forms:-

2.4.1: Purchase Order Forms:-

2.4.2: Inventory Control Form:-

SOUTHERN CONNECTICUT STATE UNIVERSITY

PROPERTY AND INVENTORY CONTROL OFFICE
FORM I-003
Please use this form to report the authorized removal of state-owned property from
SCSU for state-related business at home or at another off-campus location.
Forward the completed form to Facilities Operations/Inventory Office, FO 119
BEFORE removal.
Date Equipment Removed from Campus

Requester (Please Print) Department

Inventory Bar Code No.

Item Description:

Inventory Bar Code No.

Item Description:

Inventory Bar Code No.

Item Description:

Present Location: Department Building

Off Campus Location (ADDRESS):

Phone No.

DATE EQUIPMENT IS TO BE RETURNED TO CAMPUS:

SIGNATURE (REQUESTER):
DATE:

APPROVED BY:
DATE:
(Signature of Immediate Supervisor)

***NOTIFY THE INVENTORY OFFICE IN WRITING WHEN***

***EQUIPMENT HAS BEEN RETURNED TO CAMPUS**

2.5: References:-

1- Hart, C. (1988) Book Name “Thousand Oaks”, Sage, P.14.

2- http://www.microsoft.com/industry/hospitality/solutions/purchasingsystems.mspx[24-07-2008]