Choosing the right purchasing structure for your organization isn’t an easy, quick decision. It's important to look at all of your options and weigh the pros and cons. You may even find that a combination of two types is best suited for you and your organization.
A worldwide fitness franchise approached ALTOUR for assistance with program logistics to bring together over 200 top Franchisees in Las Vegas, NV for a VIP experience. With a record breaking 3-week turnaround time from hotel sourcing to event execution, ALTOUR was able to provide a high-touch experience for all those attending the event.
When people buy groceries, they decide which stores will save them money and offer the products they need. Some stores require membership fees; some focus only on specialty groceries, while others provide the widest possible range of products. Group purchasing entities work in a similar way. Like the grocery store example, understanding the subtle differences is key to finding the right purchasing partner.
Between the drastic increase in travel demand and airfare prices, there are many obstacles that prevent corporate travel programs from thriving, much less meet their bottom line.
Direct Travel, a travel management supplier of OMNIA Partners, provides personalized service solutions for corporate travel programs. Their portfolio of technology and service solutions give companies the tools they need to support their travelers. Members of OMNIA Partners have experienced substantial time and money savings by utilizing Direct Travel.
Business disruptions due to the global pandemic over the last two years fundamentally altered business travel while also elevating the role and visibility of travel managers within their organizations. Faced with advising senior leadership about employee safety regarding domestic and international environment in a time of rapidly changing guidance and restrictions, many travel managers were called to the decision-making table for the first time to provide strategic input on how travel could support organizational goals.
There are plenty of misconceptions about what joining a buying group is like. These five common myths often dissuade companies from leveraging the benefits of buying groups or group purchasing organizations. Let's debunk the myths and provide the facts!
Did you know all group purchasing organizations (GPOs) are similar, but not exactly the same? At the core, GPOs are all united in wanting to help your organization succeed by saving time, money and resources, but some offer more extensive benefits.
Although car rental is a mature category, industry changes affecting rates, fees and technology cause procurement and travel to review their contracts every few years. The category is ripe with opportunities for increased cost savings and employee satisfaction, but there can be resistance to change. Employees get comfortable using the same provider and travel managers fall victim to the belief that all suppliers offer the same benefits.
Procurement teams are face to face with supply chain disruptions, often serving as the liaison providing product updates to end users. As you've heard and experienced, the global semiconductor chip shortage has impacted major components of everyday life and business, affecting vehicles, laptops, phones, credit cards, home appliances and other products that need a computer chip to operate. Not only a key part of electronic devices, these chips also power the factories where those devices are made. Without enough of them, companies have been forced to stall production, and when you combine high demand with limited supply, you’re paying more for those products.
