Case Study: Cost Savings through Travel Consolidation

Solutions

• FCM conducted a comprehensive review of the company’s global travel activities and procedures, areas for improvement were identified and a new uniform travel program was implemented.
• To consolidate Infineon’s travel program globally and to implement FCM as the central provider for travel management to create greater visibility of its spend through centralised systems.
• To implement a change management plan that outlined a one-best-way approach for global consolidation of technology, data control, payment procedures and policy.
• To streamline the complex travel program arrangement in Asia, shifting from ‘hidden commissions’ to FCM’s strategy of transparent pricing. This required traveller education to achieve company wide understanding of the long-term benefits of consolidation.

• After a review FCM helped to implement a uniform platform for payment procedures, with the consolidation strategy involving introducing credit card solutions in all markets.
• New online booking tools were implemented to provide best-in-class technology according to each region’s needs. Online solutions and a self booking tool were used to support Infineon’s objective of online adoption rates of more than 80% to drive compliance and reduce travel spend.
• Improved data management was driven via FCM’s world-class reporting solution – a central web-based platform to gather reservation and financial data for a multi-dimensional view of travel expenditure. This was then used to drive policy management and supplier negotiations, and to determine future travel strategies.