vice president of acquisition and development and Erica Slaw , senior director of Capital Planning , Hersha Hospitality Trust , Philadelphia ; as well as Shahid Javed , executive vice president and chief procurement officer for Aimbridge Hospitality , Plano , Texas .
First , we ask the basic questions : what has been the impact of supply chain disruption and how long will it last ?
HOTELS : What are supply chain disruptions are you experiencing and what is the impact on your business and your customers ? Carl Long : I recently heard the phrase ‘ persistent disruption ’ and thought it was such a good description of what has been happening to our industry over the past two years . The unpredictability of the market and the supply chain has made moving things forward very difficult . We have worked internally to keep our staff informed of changes across the marketplace from a client service standpoint and from a vendor performance standpoint .
We have clients that had projects go on hold and recover quickly and others who look like they are not going to recover . From a vendor performance and product delivery perspective , we have started digging into our vendors ’ supply chain to get some clarity into how healthy their relationships are with their suppliers . It has borne fruit and helped us maintain project schedules and react to the persistent disruptions that have impacted all manufacturing and delivery .
We are telling our clients that they should plan for more time for their projects . At every stage of a project ( sourcing , buying , manufacturing , delivering , installation ) it is taking more time . The
WE ARE TELLING OUR CLIENTS THAT THEY SHOULD PLAN FOR MORE TIME FOR THEIR PROJECTS . AT EVERY STAGE OF A PROJECT ( SOURCING , BUYING , MANUFACTURING , DELIVERING , INSTALLATION ) IT IS TAKING MORE TIME .
CARL LONG
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