 |
 |
 |
| |
Meetings Management/Consolidation
Print Version
Objective
Assist with developing a systematic approach to managing client's $143 million in annual meeting travel expenditures
Client
$40 billion Fortune 500 company
Contact
Director, Global Travel Procurement and Management
Length of Engagement
9 months
Methodology
Assess current methods and expenses to establish baseline
Develop vision of ideal approach for client
Overlay marketplace realities and client culture to modify vision
Develop RFP specifications and identify eight travel management companies as potential bidders
Evaluate responses to RFPs and depict responses in consistent format with high level of detail
Assess strengths and weaknesses of each bid; recommend finalists
Perform site visits of each finalist, reviewing operations / technology
Recommend appropriate vendors
Output
75-page report summarizing bids in an easy-to-read, easy-to-compare style; 3-hour interactive session with client; advice and information on demand
Results
Client implementation of a sophisticated meetings management program utilizing state-of-the-art technology / processes providing better quality services, lower prices, and more detailed information about the annual meetings spend.
The program has an estimated net savings of over $20 million in its first year.
< back
|
|