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MODULE 5

WHO ARE THE EVENTS INDUSTRY SUPPLIERS AND


REGULATORS?

Learning Outcomes:
At the end of the module, you should be able to:
1. Identify who are the Events Industry
Suppliers and the services they provide.
2. Evaluate the roles of associations as
regulatory bodies.
3. Distinguish the roles of the government in
the events industry; and explain why events
industry needs regulators.

Introduction:

As we discussed about the events industry


stakeholders in module 4 which gives us the other
two categories of stakeholders the service
suppliers and the government, in this module you
will be thoroughly informed who they are and their
primary role in the events industry. So, stay alive,
alert, awake, and enthusiastic, bright students!
Fighting!
Lesson – Who are the Events Industry Suppliers and
Regulators?

SUPPLIERS

In the events management, suppliers refer to


those who provide the services necessary to
organize and execute events properly. Suppliers are
people or businesses who sell goods or services to
your business and rely on you for revenue from the
sale of those goods or services.

Here are the categories of suppliers that plays


a vital role in the Events/MICE Industry:

Accommodations/Hotels
Advertising Agencies
Air and Ground Transportations
Audio Visual/Meeting Technologies Suppliers
Booth Contractors
Freight Forwarders
Food and Beverage (F&B) Supplies/Caterers
Ground Handlers
Manpower and Security Agencies
Photography, Videography, documentation, and
transcription services
Venues
PROCUREMENT
Generally refers to the final act of purchasing
but it can also include the procurement
process overall which can be critically
important for companies leading up to their
final purchasing decision. It is a jargon term
for getting or “purchasing” something from a
supplier.

For you to further understand everything


about the procurement process you are
requested to browse the following links below
and read it wholeheartedly.

https://kissflow.com/procurement-process/

https://www.midwestworld.com/the-7-key-
steps-of-a-procurement-process/
ASSOCIATIONS AS REGULATORY BODIES

There are associations that regulates the


staging of some events to maintain certain
standards. Some examples are: Union de faire
Internationales (UFI) established in the late
1960s and the Bureau of International
Expositions (BIE) who governs the staging of
World Expositions (Expos or World Fairs) and was
established by an international convention
signed in Paris on November 22, 1928.

For you to further understand our topic,


you are requested to visit the link given and
read about the following:

CONVENTION AND VISITOR’S BUREAUS

THE GOVERNMENT’S ROLE IN THE EVENTS


INDUSTRY

https://www.canva.com/design/DAEaiael3bA/Ik7
57gd4AVLix9Nfzp4fhw/view?
utm_content=DAEaiael3bA&utm_campaign=desi
gnshare&utm_medium=link&utm_source=publis
hsharelink
Activity 1

By this time, you are about to learn more about


our topic. Kindly browse the link for your refence.

https://www.activecampaign.com/blog/types-of-
stakeholders

https://www.oberlo.com.ph/ecommerce-wiki/supplier

Activity 2

Enumerate at least 10 event suppliers and identify the


services they provide.

Assessment

Since you have learned about the events industry


suppliers, one of the given categories are the freight
forwarders. Now, kindly give examples (as many as
you can) of freight forwarding companies within the
Philippines.
Reflection

Knowing the several entities that hold a


stake in the events industry is important for us
to further understand everything about events
management. Now, as you learn about our
discussion it is time for your “elucidating skills”
to be tested by giving your personal thoughts in
the following questions:

1. Why should the government support the


events industry?

2. Why events industry needs regulators?

3. Should the government build more and


bigger event venues in the Philippines? Why?

You may type in your reflection on a blank sheet,


8.5” X 11”, using Arial, 12 font size, together with
your answers on activity 2 and assessment
portion of this module and submit it to your
professor through your class Google Classroom.
A rubric will be uploaded in the Google
classroom.
Assignment

Hey there, we are not done yet, for your assignment cite examples
of MICE venues in Manila falling under each of the following types:

You may copy and paste the table above on a blank sheet, 8.5” X 11”, using
Arial, 12 font size. 😊

References:

Kissflow, (2021). Procurement Management Process Guide. Retrieved on


March 17, 2021 from https://kissflow.com/procurement-process/

Minning, L. (2021). The 10 types of Stakeholders that you meet in a


Business. Retrieved on March 17, 2021 from
https://www.activecampaign.com/blog/types-of-stakeholders

Romero, Eloisa (2015). Events Management Second Edition. Manila,


Philippines

https://www.midwestworld.com/the-7-key-steps-of-a-procurement-
process/

https://www.gacvb.com/what-is-a-cvb-

https://study.com/academy/lesson/the-role-of-convention-and-visitors-
bureaus-in-event-planning.

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