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An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and siteselection, contracting and negotiations. Step 4: Site Tour and Evaluation Thoroughness and attention to detail are key.
An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and siteselection, contracting and negotiations. Step 4: Site Tour and Evaluation Thoroughness and attention to detail are key.
With demand for in-person event venues and vendors at historically low levels, expect supply to contract. And many that do will be on a part-time or contract basis as companies will seek to be more financially nimble. To really make the meeting hosts your clients, say to them, “Our fee to manage the siteselection process is X.
Venue Selection. SiteSelection. Financial plan. If you are able to negotiate beneficial contracts with your vendors, you will minimize your need to store resources. International Institute of Event Management (IIEM). Price: $345 – $875. Topics: Budgeting. Wedding Planning Strategy. Aesthetics. Conferences.
This looming economic threat is the impetus for a webinar I gave recently for FICP (Financial & Insurance Conference Planners) titled Recession-Proofing Your Job: Strategies for Improving Your Value. Are you viewed as a commodity or a business partner?
D: Financial management. I: Site management. Develop financial summary. Manage contracts. Depending on your meeting location, it may be necessary to travel with or contract security teams. D: Financial management. Develop financial resources. Develop selection criteria. Select candidates.
A 30-percent drop in revenue will be devastating to the thousands of independent planners who serve association and corporate clients in the site-selection and event-planning process. On one side, site-selection companies allow hotels to run leaner. From a hotel’s point of view, commissions are often a double-edged sword.
that February to present to the Republican National Committee’s SiteSelection Committee. A month later, representatives from the selection committee visited Cleveland, and the city moved to the next round of the competition. “It The financials are handled differently. The capacity here is large.
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