Automotive Industry Supplier
Consulting Objectives
Client desired to review the existing travel management program and to develop a strategy to integrate purchasing (MRO), payment and expense processing. Included within the scope of this assignment was the development of a global integration strategy for all Company international business units, the selection of an automated expense reporting and procurement system, and the selection and implementation of online booking technology. Further, a full audit and review of the in-house travel operation was performed with alternatives presented to move to an offsite travel-processing center.
Accomplishments
- The formation of a comprehensive strategic plan for the travel related consolidation of all domestic and international business units. Included within this plan was a phased-in implementation, which included both projected costs and savings.
- Conclusive recommendations were made and presented on the performance of the in-house travel support team and agency. Presented along with these recommendations was alternative out-source travel reservation processing scenarios.
- Recommendations for the integration of automated procurement and expense reporting systems were made, including the projected implementation and timeline schedule.
- Developed a plan for introducing online bookings, including the use of trip modeling for commonly used company travel destinations. Within this plan were incentives for associated participation.
- The total projected savings presented as a result of this project was estimated at between $1.38-$1.80 million annually.
Client Profile
Headquarters: Detroit, MI.
Primary Business: Automotive Industry Supplier
Total Employees / # of Frequent Travelers: 7,200/610
Scope of Business Operations: Global
Total Travel and Expense Budget: $17.1 million
Total Number of Expense Reports Processed Annually: 28,570