HPMF

Hospitality Purchasing Managers' Forum (HPMF) is a consortium of like-minded purchasing managers from the hospitality industry representing star hotels, catering companies, stand-alone restaurant chains and airlines. It believes in power of networking and sharing of work experience with each other. The Indian hospitality industry has been rapidly evolving for last two decades and has witnessed a spurt in the number of domestic and international players entering the market with ambitious and world-class projects. This has resulted in quantitative and qualitative needs which are far more complex than before. Today, the hospitality procurement industry is pegged at an annual figure of US $20 billion dollars. But considering the sustained economic development and an impressive GDP ratio of India, the hospitality procurement needs are expected to grow by leaps and bounds in the coming years. The hospitality procurement is not only scattered but needed some reference body to assist them at every stage. There were no formal education institutes or bodies to assist. And also everyone working in their organizations were working in xylose! With this in mind the purchasing managers came together to formed Hospitality Purchasing Managers' Forum (HPMF). An idea first came into the mind of Dr. Nitin Shankar Nagrale who realized the importance of collective approach, power of networking and thimportance of work experience. Along with Dr. Sanjay Goyal he convinced the likeminded purchasing professionals to be part of this innovation. It took more than a year to bring few professionals together to form a core team. The team consists of experienced and qualified purchasing professionals the hospitality industry and work under the guidance and leadership of Mr. Mohan Deshpande. HPMF is optimistic a possible savings opportunity of 10% and it plans to achieve this by organizing the hospitality industry and streamlining the procurement process. A non-profit organization registered