At Genzyme Corp., Ray Mazzoleni counts corporate travel as one of his purchasing responsibilities. Under that umbrella falls meeting planning. For this spend category, Mazzoleni’s role as corporate purchasing manager for services is to review agreements with hotel properties that the Cambridge, Mass.-based biotech firm contracts with for meetings and to select suppliers that provide meeting services for larger events the company holds.
“Our primary involvement is to check for risk and liability,” he says. “We attach an addendum to the agreement that addresses such issues as cancellation. That’s big for any company. You hear stories all the time about someone signing an agreement without reading and understanding the property’s policy on this. It can be costly.”