The white paper: Mining for Savings in Travel & Logistics explores the opportunities and challenges of consolidating logistics and corporate travel, a growing trend in the energy, resources and marine industry. The disconnect between the two worlds of logistics and commercial travel can sometimes compel companies to make decisions that increase the cost of their overall operations.
Raphaël Pasdeloup, senior vice president, Global Program Solutions - CWT Energy, Resources & Marine, said: “Increasingly, companies in the energy, resources and marine sectors are looking for ways to reduce costs amid the prolonged uncertainty in global markets and volatile oil prices. Despite significant spending cuts, travel remains a key function for these companies to maintain their operations at rigs, fields or mines, which still have to be serviced by crews year round. This is making them look for additional savings by managing their logistics and business travel as a single process.”
Combining logistics and commercial travel presents many potential benefits for companies. Consolidation can make bookings more efficient, simplify reporting, increase traveler compliance and safety, and improve the ability to handle last minute changes, which can produce costs savings.
“Centralizing and managing the process from end to end can help companies gain more control over each of their travelers’ trips. This includes better visibility of worker certifications, end-to-end itinerary management and more. As leaders in the corporate travel and logistics space, CWT and IBS are in a strong position to support companies looking to streamline their travel processes,” added Peter Brady, vice president, Asia Pacific and Global Products, CWT Energy Resources and Marine.
CWT Energy, Resources & Marine provides specialized travel management solutions for organizations operating in oil and gas, diversified resources and mining, offshore, marine services and alternative energies. Building on more than 30 years of experience, we work closely with clients worldwide to find the right solutions for their complex travel needs, providing first-class service and leading-edge technology and products.
CWT is a global leader specialized in managing business travel and meetings and events. CWT serves companies, government institutions and non-governmental organizations of all sizes in more than 150 countries and territories. By leveraging both the expertise of its people and leading-edge technology, CWT helps clients derive the greatest value from their travel program in terms of savings, service, security and sustainability. The company is also committed to providing best-in-class service and assistance to travelers. In 2015, sales volume for wholly owned operations and joint ventures totaled US$24.2 billion. As part of its commitment to responsible business, CWT is a signatory of the United Nations Global Compact Ten Principles. For more information about CWT, please visit our global website at www.carlsonwagonlit.com. Follow us on Twitter @CarlsonWagonlit and Linkedin
About IBS Software Services
IBS Software Services is a leading global provider of new generation IT solutions to the Travel, Transportation and Logistics industries. A specialist in the domain, IBS offers a range of software products and services that manage mission critical operations of airlines, airports, cruise lines, tour operators and oil & gas companies that help them maximize efficiency, improve revenue, manage growth, increase safety, and reduce costs. IBS operates from offices in the Americas, Europe, Japan, India, Australia and the Middle East. More information is available at www.ibsplc.com.