United States
United States
Select Country or Region

Materials and Services - Indirect

Travel

Navigating through Turbulent Headwinds

Issue 7 - November 2012

While airline bankruptcy presents uncertainty and risk, it may also present travel procurement professionals with savings opportunities. Furthermore, an outright ban on using a bankrupt but operating airline could force it to move from reorganization to liquidation, which would reduce another competitive option in the market and potentially push prices even higher.

Read more

Uneven Economic Recovery Leading to Opportunities in Hotels and Airlines

Issue 6 - July 2012

The promising signs of recovery we witnessed at the start of 2012 in the travel sector have fizzled out in many key global markets, creating opportunities for negotiation in hotel room rates in some key markets. In addition, we discuss ways to get full visibility into airline ancillary fees despite the seemingly limited room for negotiation in this market.

Read more

Tough times for airlines

Issue 5 - April 2012

2012 brings uncertainty with increasing fuel costs, uncertain demand, and the potential for increasing capacity and competitiveness in most regions. Are further airline bankruptcies on the horizon? Although the International Air Transport Association (IATA) forecasts a global profit of $3.5 billion, this may flip to a loss of $8.3 billion if Europe experiences a deep recession. Targeted sourcing and demand management should be applied to maximize savings.

Read more

Policy and compliance

Issue 4 - January 2012

Traveler compliance ultimately affects a company’s bottom line and one of the biggest problems for companies and the most common breach of corporate travel policies is the failure to book air travel far enough in advance. Recent compliance studies have shown that strong policy enforcement and compliance of the corporate travel policy could reduce annual travel spend by 45 percent or more.

Read more

Hotel rate increase in 2012

Issue 3 - September 2011

The recent economic turmoil, sovereign debt concerns, budget austerity and natural disasters may depress demand and limit hotel rate increases in 2012. However, with corporate travel continuing to grow, sources suggest that there will be a high single digit rate percentage increase in negotiated hotel rates for 2012. Procurement professionals will need to deploy more creative hotel sourcing strategies to be effective in this type of environment.

Read more

On-line booking tools propels travel savings drive

Issue 2 - June 2011

Online booking tools have moved from the initial US market to being a very viable solution globally. If promoted correctly with change management initiatives, online tools can inject massive savings to a travel program by reducing agency transaction costs significantly. They also drive what is known as “visual guilt”, prompting travelers to book lower options.

Read more

To travel or not to travel?

Issue 1 - March 2011

It may sound a bit cliché but those companies that adopt a wait and see attitude may find themselves falling short in a critical area of their sourcing policies. Despite the advancement of technology in conducting ‘virtual meetings’, more companies in the US are expected to increase travel in 2011, and having a preferred agency can mitigate unnecessary costs by consolidating to a single source.

Read more

Article Tools


Print

Bookmark and Share


Also in the Archive

Transportation & Logistics

Courier Providers Target Low-cost Service Levels
During the recession, many shippers opted to absorb a few additional days into their supply chain to save on lower cost express services. Unfortunately, the cheaper, slower service levels are the least profitable for carriers, and they now look to cover those losses. With potential savings from demand management now tempered, direct negotiations will become even more critical, notes Accenture.
Read more

Untitled Document

Subscribe

to the Supply Watch
Newsletter today

Keep up to date with all the
latest news and information
about Accenture’s
Procurement Services.

Join our mailing list

Newsflash

Outsourcing processes can add real business value..
Learn more

Latest Accenture Research

Subscribe to Supply Watch and get access to all Accenture’s latest research in the Sourcing and Procurement world. Read about: A new Paradigm in Supply Chain Outsourcing.

Why Accenture?

Find out how Accenture helps clients to increase control, reduce risk and achieve high performance by outsourcing procurement.
Learn more
Travel - Accenture Supply Watch 
Travel
Travel, Accenture Supply Watch
Yes  Yes 
  No 
By using this site you agree that we can place cookies on your device. See our privacy policy for details.
Let's Stay Connected:
Site Map  Privacy Policy  Terms of Use  Alumni Network  © 2013 Accenture All Rights Reserved