DO YOU KNOW THE VALUE OF YOUR TRAVEL AND MEETING SPEND?
WHAT IS YOUR STRATEGY ON MANAGING
YOUR TRAVEL AND MEETING SPEND AND SUPPLIERS?
Whilst Procurement has historically been heavily involved in the purchase of tangible goods which can be easily commoditised, business services are now becoming a key area of Procurement responsibility and focus.
As organisations look to reduce operating expenses, the value of consolidating and capturing travel and meeting spend is gaining more momentum. However defining a strategy around Travel and Meetings Management and transforming it from an "ad-hoc" spend category into a "managed" cost category brings its own unique challenges including:
understanding the integral role of travel, meetings and events to support
the organisation's strategic business objectives
the fragmentation of spend and different needs of a variety of stakeholders
limited leverage of volume and economies of scale
the protectiveness of stakeholders to Procurement involvement
the lack of formal Procurement best practice
Utilising specialist direction and guidance can assist you to become a "best in class" operator and demonstrate your true value to your organisation.
This can be achieved by using specialist industry experts at combining both procurement processes and travel and meeting management experience and expertise.
Call us on +44 (0) 7769 534234 for an informal discussion of your needs and how to improve your bottom line or email us at enquiries@eventful-solutions.co.uk