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Demand Management:

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Georgie Farmer, Head of Travel Services APAC, JPMorgan Chase Bank N.A. Demand Management: ... Role of the Travel Management Company. Using a Data Consolidation Tool ... – PowerPoint PPT presentation

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Title: Demand Management:


1
  • Demand Management
  • Making it Work Better
  • Speaker
  • Emily Langtry, Director, Airplus International
  • Panelist
  • Georgie Farmer, Head of Travel Services APAC,
    JPMorgan Chase Bank N.A.

2
  • Demand Management
  • Making it Work Better
  • Emily Langtry
  • AirPlus International
  • 19 June 2007

3
Focus Ensuring Maximum Savings
  • Travel Policy Management
  • Role of the Travel Management Company
  • Using a Data Consolidation Tool
  • Importance of Internal communication
  • Need for ongoing policy review

4
Focus Ensuring Maximum Savings
  • Travel Policy Management
  • Role of the Travel Management Company
  • Using a Data Consolidation Tool
  • Importance of Internal communication
  • Need for ongoing policy review

5
Your Expert Advisor (TMC)
  • Play integral role in managing policy compliance
    through booking process
  • Valuable source of new supplier contacts and
    potentially better rates
  • Provide important feedback on changing traveller
    requests, business demands and internal
    satisfaction with policy
  • Source of general reporting

6
Focus Ensuring Maximum Savings
  • Travel Policy Management
  • Role of the Travel Management Company
  • Using a Data Consolidation Tool
  • Importance of Internal communication
  • Need for ongoing policy review

7
Advantages of Central Billing
  • 66 of companies said central billing improved
    traveller compliance to policy1
  • Capture expenses from all sources
  • No company size limitations
  • Avoid costly reimbursements and cash advances
  • Automate expense reconciliation
  • Enable compliance with corporate travel policy
  • You cant manage what you cant measure
  • 1 A White Paper Using Central Billing Systems
    to Successfully Manage Travel, EDC and
    Partnership Travel Marketing, 2005

8
Focus Ensuring Maximum Savings
  • Travel Policy Management
  • Role of the Travel Management Company
  • Using a Data Consolidation Tool
  • Importance of Internal communication
  • Need for ongoing policy review

9
Be Convincing Use Real Data
  • Educate employees on cost of travel
  • Explain negotiated deals and potential savings
  • Use graphs to illustrate actual and potential
    savings if policy compliance achieved
  • Use Best Practice benchmarks
  • Conduct traveller satisfaction surveys
  • Maintain senior management support
  • Communicate regularly

10
Focus Ensuring Maximum Savings
  • Travel Policy Management
  • Role of the Travel Management Company
  • Using a Data Consolidation Tool
  • Importance of Internal communication
  • Need for ongoing policy review

11
Policy Review Process
  • Central billing payment tools will capture data,
    therefore policy compliance can be measured
  • Use this data to initiate regular review process
  • If compliance is not high, ask
  • Speak with employees and TMC what needs are not
    met by travel policy and preferred suppliers?
  • Why is there low senior management support?
  • Where is non-compliance occurring and why?
  • What are other companies mandating?
  • What is not covered by policy (e.g. Conferences)?

12
Summary of Advice
  • Mandate travel policy with senior management
    support
  • Work with TMC to manage policy
  • Use central billing tool to capture all data
  • Regularly communicate policy compliance and
    outcomes convincingly to all travellers use
    best practice comparisons
  • Ask Suppliers for new areas of savings
  • Review policy, companys needs and industry trends

13
Thank YouEmily LangtryAirPlus
Internationalelangtry_at_airplus.com0413 601 994
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