According to FutureWatch 2005, an annual survey conducted by MPI and American Express and announced at MPI's Professional Education Conference in January, “full strategic sourcing” is a huge growth area in the meeting industry. Among the findings: 57 percent of planner respondents have fully implemented or will implement meeting purchasing policies and procedures; 54 percent have fully standardized or will standardize purchasing channels; 50 percent currently or will soon have ...

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