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GTP Supplier Relations & Vendor Management Flashcards

6 cards from real GTP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 GTP Supplier Relations & Vendor Management flashcards as text
  1. What is 'vendor scorecard' methodology used for in corporate travel supplier management?

    Answer: Tracking supplier performance across agreed KPIs to drive accountability and improvement

    Vendor scorecards provide structured, data-driven performance reviews that hold suppliers to contracted standards over time.

  2. Which of the following BEST describes the role of a 'strategic sourcing' process in travel supplier management?

    Answer: Systematically identifying, evaluating, and contracting suppliers to maximize value for the corporation

    Strategic sourcing uses data, market analysis, and competitive bidding to secure optimal supplier agreements aligned with business goals.

  3. A GTP professional discovers a preferred hotel property has changed ownership. What is the MOST important immediate action?

    Answer: Verify that contracted rates and terms transfer to the new ownership before directing bookings there

    Ownership changes can void existing contracts, so confirming rate continuity protects the corporation from unexpected cost increases.

  4. Which factor is MOST important when selecting a ground transportation supplier for a corporate travel program?

    Answer: Consistent rate compliance, vehicle availability, and traveler safety record

    Rate reliability, availability, and safety performance directly affect both program costs and duty-of-care obligations.

  5. What is the purpose of conducting a 'mid-year review' with a preferred airline supplier?

    Answer: To assess progress against volume commitments and address any rate or service issues early

    Mid-year reviews allow early course correction on volume shortfalls or service failures before year-end penalties apply.

  6. When a TMC charges a 'transaction fee' for each booking, what strategy can a corporation use to reduce total TMC costs?

    Answer: Increasing the adoption rate of self-service online booking tools for simple itineraries

    Online self-booking tools typically carry lower transaction fees than agent-assisted bookings, directly reducing TMC costs.

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Sources & references

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  1. gbta.org — Test delivery, fees, renewal, test dates, score validity, exam information · verified Nov 2026
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