Avendra named to Supply & Demand Chain Executive’s 100 Top Supply Chain Projects with JHM Hotels
Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has selected Avendra as a recipient of an SDCE 100 Award for 2016 for helping JHM Hotels consolidate its supply chain and reduce operating expenses.
Located in Greenville, South Carolina, JHM owns and operates 40 top performing brand hotels such as Hyatt, Marriott, Hilton and Starwood, representing franchises with more than 7,000 rooms in six states.
Avendra’s implementation team prepared a purchasing program customized for JHM Hotels which helped analyze purchasing patterns and recommend best alternative products to help them maximize their savings, better streamline their procurement practices and align with their strategic initiatives. As a result, JHM saw an immediate savings of 5 percent on food and beverage costs alone. Just three years later, JHM has saved more than $4 million by participating in Avendra’s savings programs.
“Avendra is more than just a vendor to us. They are a true partner in our business. They have helped us make strategic purchasing decisions resulting in significant reductions in operating expenses, and provided the leadership and guidance we desired to help our businesses grow and thrive,” said Jayanti “JP” Rama, Vice Chairman of JHM Hotels. “Our owners and hotel staff are happy, and most important, so are the guests. The Avendra partnership is a win-win for everyone.”
The SDCE 100 is an annual list of 100 great supply chain projects. These projects show how supply chain solution and service providers help their customers and clients achieve supply chain excellence and prepare their supply chains for success.
“Our goal with 2016’s SDCE 100 is to shine the spotlight on successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across the supply chain,” says Ronnie Garrett, editor of Supply & Demand Chain Executive. “The selected projects can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations. We congratulate all of our winners for a job well done!”
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints, and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.
Formed in 2001, Avendra is North America’s leading procurement services provider serving the hospitality industry. Avendra customers gain access to contracts leveraging over $4 billion of annual purchases, expert advisory services and in-depth purchasing data and analysis. Through Avendra, customers obtain substantial savings on their purchases and other value added services to improve their operations and bottom line results. More than 7,000 hospitality businesses rely on Avendra’s procurement solutions to help meet their strategic business initiatives. The company is headquartered in Rockville, Maryland and has regional offices throughout North America. For more information, call (866) AVENDRA, or visit www.avendra.com.