Operations

Corporate Buyers Routinely Go Outside Preferred Supplier Programs

LCT Staff
Posted on February 15, 2006

SAN MATEO, CALIF. — A new survey reveals that corporate buyers routinely go outside preferred supplier programs. Eighty-seven percent of surveyed employees said that although they are aware of company-preferred vendors, only 38% of that same group consistently used these vendors when purchasing business services. The survey also shows that employees use vendor Web sites as the primary method of obtaining airline tickets, car rentals, event tickets, hotel accommodations and corporate gifts. In contrast, employees contact vendors directly by fax or phone when arranging limousine rentals and making reservations for business-related meals.

Rearden Commerce, Inc., a major online business services marketplace, recently announced these results of its first annual Services in the Workplace research study. The study set out to uncover insights on how employees schedule, purchase and manage business services, as well as their compliance with corporate policies.

Source: Rearden Commerce Press Release

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