Meeting the cost
13 September 2012
Procurement departments are fixing their sights on meetings expenditure. But they are having to change practices before they can make progress
In certain sectors, including pharmaceuticals, the cost of conferences and other get-togethers can reach more than 50 per cent of the total travel budget.
The figures are considerable, but meetings expenditure is more difficult to dig out and deal with than costs for transient travel. That explains why many companies are only just starting to tackle the subject...