STRATEGIC ACCOUNT MANAGEMENT

Identifying areas for cost savings to reduce travel spend

CASE DESCRIPTION

Part of our Account Management service is to provide strategic ways in which cost savings can be realised. We reviewed LEVC (manufacturers of the iconic black cabs) travel spend.

WE ANALYSED

V

Management information

V

Policy

V

Suppliers

V

Online adoption

THE DETAILS

Through comprehensive management information we could review all areas of LEVC’s travel spend effectively, making recommendations that would save them money and suit their business needs.

This included:

V

Hotels

V

Suppliers

V

Advance booking patterns

V

Online use

THE SOLUTION

We put together a cost saving review and highlighted the opportunities available to LEVC.

 

SAVING OPPORTUNITIES

N

£25,000 worth of savings identified;

N

Move from higher cost airlines £9,000

N

Increase use of Geeley’s hotel local rates £10,000

N

Supplier Agreements – BA OnBusiness and Virgin Flying Co £7,000

N

Increased advance booking for domestic and European flights £7,000

N

Sign up to EU Flex £2,000

N

Increasing online use would decrease transaction fees

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