BHMT204 – Cost control
This course will cover most areas of cost-controls in a hotel, restaurants, convention centers and spas. Comprehensive tracking of the extensive inventory of ingredients and products that go into final products and services is key to profitability. Whether mixing a cocktail in a bar or a body treatment in the spa, tight controls over-ordering, storing, issuing and service will either make or break the business.
Integrated and monitored controls are critical, while managing spillage/spoilage, inventory rotation, dormant asset management and disposal are all steps along the way. Wine cellar ROI analysis, futures contracts, CVP analysis, and monitoring accountability will be learned.