Total cost of ownership: Pick a package deal
13 September 2012
For those new to the travel budget it may be tempting to go straight for suppliers’ jugulars to hammer down costs, but there are big savings to be made from looking at internal systems first
When faced with travel for the first time, procurement professionals can find it an overwhelming responsibility. In what can be a company’s second-largest controllable expense after salaries and benefits, the stakes are high. The enormous interest and emotion it arouses in fellow employees makes it something of a poisoned chalice. It is also faster-moving and more...