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Case Study: Air travel policy reconfiguration delivers cost savings

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Air travel policy reconfigured to deliver almost one million dollars in savings. A leading beverage company operating across Australia and New Zealand, with a portfolio of popular fast-moving consumer goods.

Read on to find out more. 

Client

Fast-Moving Consumer Goods Company

Industry

Fast-Moving Consumer Goods

Focus

Cost Saving

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Objective

Review and optimize the client’s domestic air policy to reduce spend and improve compliance through a more cost-effective approach.

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Solutions

CTM recommended a shift to a more restrictive air policy, supported by reporting, training, and online booking tool (OBT) configuration.

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Outcome

The client achieved an $800,000 reduction in the first three quarters, with a prorated full-year saving of $1.06 million.

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Objective

Review and optimize the client’s domestic air travel policy to reduce overall travel spend and improve policy compliance through a more cost-effective booking approach.

Solutions

CTM recommended a strategic review of the client’s domestic air policy, shifting from a flexible policy to a more restricted one. Monthly reporting was provided so the clients analysts could benchmark savings and obtain internal approval for the policy change.

CTM also trained the client’s consulting team and configured their online booking tool (OBT) to reflect the updated restrictive policy.

Outcome

The client achieved an AUD $800,000 reduction in the first three quarters, with a prorated full-year result of AUD $1.06 million.

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Moved from a flexible to a more restrictive air policy to reduce spend.

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Set up the online booking tool and provided training and reporting support.

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Achieved $800K savings in three quarters, projecting $1.06M annualized savings.

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