Multinational travel management: One for all, not all for one
13 September 2012
Companies are increasingly looking to consolidate their global travel management through one centrally located agent. However, this ‘putting all your eggs in one basket’ approach is not without its challenges
Five years ago, the oilfield services division of oil, gas and IT company Schlumberger used 278 different travel management companies in the US alone. Today, the entire company has come close to reducing to just two worldwide.
Businesses are increasingly deciding that it pays to consolidate their TMCs. This trend started at the beginning of the 1990s on a...