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AT&T rings up mtgs. savings. (Managing Meetings at: AT&T Corp.).

Publication: Business Travel News
Publication Date: 24-MAR-03 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
AT&T Corp. has slashed millions of dollars off its eight-figure annual meeting spend by mandating registration of events through a centralized meetings department, significantly restricting the number of preferred suppliers and rolling meeting planning functions into a companywide electronic procurement system.

The Bedminster, N.J.-based company now spends about $25 million on meetings annually, a number that has decreased by about 28 percent since 2001. That percentage includes savings incurred when AT&T sold its broadband services to Comcast Corp. in December 2001. However, those savings comprised less than 10 percent of the total.

AT&T's meeting philosophies evolved over a five-year period, beginning in 1997 with the construction of policy recommending, but not mandating, all meetings be registered through...

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