Solution Innovation Under Internet+insurance Trends
Essay by Jack Huang • April 14, 2016 • Case Study • 424 Words (2 Pages) • 879 Views
Due to the company’s rapid growth, the costs have grown faster than personnel, which lead to some growing pains. With your great understanding and support, I’m representing the Re-engineering Committee introduce to you what we investigate and the solution how to rationalize the travel policy to reduce and control the cost.
After investigation from the Committee’s membership and discussion with consultants in the company, the source of complaints from clients is the high travel cost due to our employees can book the airline flights, hotels and rental cars through whatever agents they pleased. So to reduce the travel cost, the efficient way is to consolidate our business with a single travel agency, and as the benefit company offered employees can still continue to keep their own frequent fliers miles.
With the detailed comparison and serious consideration among the 3 large travel agencies, Thomas Baker International, Canadian Express, and Aquamarine Travel. They all offer percentage saving for us. So we made the options to list down what their pros and cons as below:
Options | Pros | Cons |
Thomas Baker |
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Canada Express |
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Aquamarine Travel |
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Based on the pros&cons of the 3 travel agencies, here’s the comparison for key areas:
Company | Cost Saving | Client Services | Coverage |
Thomas Baker | 5% discount | Low | Global |
Canada Express | 5%+1% discount | Medium | Global |
Aquamarine Travel | 5% | Good | Local |
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