The Institute of Travel Management (ITM) is pleased to announce the launch of new ITM resources for buyer members, in partnership with the Chartered Institute of Procurement & Supply (CIPS).

The first document available to business members is the “How to” essential guide on “Business Travel Category Procurement and Management”. This document delves deep into travel management and breaks down the five phases of creating a managed travel programme. The guide, worth 2 CPD hours, is also accompanied by useful templates and tools, including master documents for going to tender, solicitation and pricing.

ITM has partnered with CIPS to set the standard for Travel Procurement. Unlike many procurement functions, business travel buying requires active, on-going development of the contract to ensure that it remains appropriate and supportive to the business needs. This “How to” guide is the first in a series of six guides, which will be launched this year.

David Noble, Group CEO, CIPS, “We are pleased to continue to work with ITM to provide our members with good quality knowledge and practices on how to control travel costs in any organisation. This guide is invaluable in terms of helping to understand the breakdown of costs, what influence procurement professionals can have over them and the many components of, and stakeholders involved in a well-managed travel management programme.

“Travel is a significant spend in most organisations so deserves the appropriate attention to get the best value for money.”

Simone Buckley, ITM CEO says “To help members overcome procurement challenges, we have partnered with CIPS to develop accredited continuing professional development (CPD) resources that support your travel programme and include the latest purchasing best practices. Attendance at ITM Workshops also earns CIPS’ members CPD learning hours. These resources complement the ITM educational programme, bringing members the best possible support to achieve professional success.”

ITM Business members can download their copy for free from the ITM website. For more information visit www.itm.org.uk