APEX FAQ



Why does the industry need accepted practices?
How will the industry benefit?
Why is CIC behind APEX?
What is the APEX leadership structure?

Why does the industry need accepted practices?

 According to the 2011 study The Economic Significance of Meetings to the U.S. Economy, the meetings, conventions and exhibitions industry is a 365-day-a-year business that:

  • Gathers 205 million attendees at the 1.8 million conventions, conferences, congresses, trade shows and exhibitions, incentive events and corporate/business meetings held in the U.S. annually
  • Directly supports 1.7 million jobs in the U.S.
  • Generates over $25 billion in federal, state and local taxes
  • Contributes more to the US GDP than the automobile industry

This multifaceted industry is composed of buyers, sellers, and third parties whose interests do not always intersect, and whose business practices do not always translate. Adopting industry-developed accepted practices and standards will facilitate individual supply chain elements in their operations.

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How does the industry benefit?

Some of the benefits of adopting voluntary best practices and standards include:

  • Time and cost savings
  • Eased communication and data sharing
  • Enhanced customer service
  • Streamlined systems and processes
  • Increased operational efficiencies
  • Better-educated, more professional employees

In short, it will make the industry more efficient, freeing up time and resources to devote collaborative energies to broader, more pressing industry issues.

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Why is CIC behind APEX?

CIC's charge includes facilitating the exchange of information and developing programs to promote professionalism within the industry. By its nature, the CIC provides an impartial and inclusive forum for APEX and the development of accepted practices for the industry.

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What is the APEX Leadership Structure?

The initiative is guided by the APEX Leadership Council, a volunteer body charged with general oversight of the APEX. The ALC was formed by the original APEX Commission once that group had determined it's work on initial development and initial funding was accomplished. The ALC members represent varioius industry segments and are responsible for:

  • Serving as the key representatives from their segments of the industry
  • Ensuring their industry segments are adequately represented on the industry panels
  • Promoting use and adoption of the the resources created through the APEX initiative
  • Securing the commitment of the stakeholders to implement accepted practices

The APEX Leadership Council guides and supports the activity of two component groups, the APEX Standards Review Council (SRC) and the APEX Technology Advisory Council.

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