Flight Inventory Management - PowerPoint PPT Presentation

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Flight Inventory Management

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FlightsLogic provides Airline Inventory Management, Flight Booking System to travel agencies, tour operators, and TMCs all over the globe. – PowerPoint PPT presentation

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Title: Flight Inventory Management


1
(No Transcript)
2
  • What is Flight Inventory Management?
  • Flight Inventory Management is an innovative
    system for organizing and delivering flight
    supplies across multiple sales channels. It
    includes tools for automating distribution and
    pricing changes based on market demand. Air
    aggregators and charter resellers can use the
    online portal, agent dashboard, and XML web
    services to centrally manage and market
    pre-purchased flight inventory.
  • Flight inventory management and distribution
  • Yield management with price volatility dependent
    on market demand
  • Consolidator may handle pre-purchased flight
    inventory (or PNRs)
  • Flight inventory from many airlines and sectors
  • Manages various inventory sheets (fare sheets)
  • It is simple to integrate with any existing
    booking system.
  • Control taxes and fare conditions
  • Inventory management in real time
  • Manage the inventory release period.

3
Why Flight Inventory Management System Is
Necessary?
  • As the tourism industry becomes more competitive,
    travel agencies can book airfares and select
    departure/arrival locations and times, allowing
    them to provide lower prices and better services
    to their clients.
  • Travel agencies may use the Flight Inventory
    Management Module to specify charter flight seat
    inventory and distribute it in multiple online
    sales channels with whole online sale procedures
    independently or as part of tour packages.
  • A flight inventory system's primary goal is to
    control the availability of seats in various
    cabins and to manage fare groups or buckets.
    Flight schedules, inventory levels, fare pricing,
    service fees, ancillary sales, user management,
    and much more are all monitored and controlled in
    real-time using state-of-the-art interfaces.
  • Inventory management systems help track inventory
    levels, orders, sales, and reservations. It is
    also used in numerous organizations to create
    orders, bills of bookings, and other
    customer-related documents.

4
  • A flight reservation system is a comprehensive
    airline reservation software solution that
    integrates GDS/Flight XML services into a travel
    agent's travel portal. Businesses may
    instantaneously access all flight data and
    capabilities online, reducing operational
    expenses, development time, and maintenance time.
  • Furthermore, this airline reservation system
    enables the booking of flights in conjunction
    with other travel services such as hotels,
    excursions, activities, dynamic packages, and
    transfers to improve customer experience, boost
    online reservations, and increase profitability.
  • The flight inventory management system is a
    platform for managing various flight inventories
    through a single channel. The most fundamental
    aspect of an inventory management system is
    inventory control, which keeps track of available
    seats. Furthermore, the inventory control
    function must compute seat pricing based on the
    rates and booking criteria maintained in the Fare
    Quote system.
  • Travel and tour companies are looking for ways to
    improve the customer experience, minimize overall
    effort, and boost overall revenue. And there is
    no better way to do all this than by utilizing
    flight inventory management systems.

5
  • An airline inventory management system will offer
    you real-time data on flight availability, seat
    pricing, and so on. A system based on an
    economic-based algorithm is necessary to give
    consistent results for customer booking requests
    and search inquiries. It also reduces the need
    for humans to update or verify available seats
    after each booking or cancellation action because
    it does it automatically.
  • With the help of a flight inventory operator, an
    agency can retrieve inventory data and make it
    available to end customers. Flight inventory
    built using cutting-edge technology will allow
    agencies to use revenue management strategies.
    They also provide sophisticated client
    identification tools and superior availability
    management capabilities.
  • Travel agencies employ inventory systems to
    automate your control over listings, allotments,
    availability, and price for you and your
    partners. Online booking software enhances every
    part of the reservation process, from inventory
    management and dynamic pricing to customer
    support and sales.
  • We incorporate a centralized database design in
    the inventory management modules so that travel
    agents may search for real-time data, seating
    management, and accommodation.

6
Manage Your Airline Inventory And Operations All
In One Platform.
  • FlightsLogic is a web-based system that
    integrates flight data - flight schedules, seat
    availability, flight pricing, and reservations
    from leading airlines. It delivers real-time
    inventory and rates for customers and travel
    agents to purchase flight tickets online via a
    global distribution system.
  • We offer an advanced Flight Booking System to
    travel agencies to optimize client travel
    procedures and increase business income. We
    design, develop, and implement bespoke Travel
    Reservation Software for travel agents, allowing
    them to manage reservations and inventory for
    flights, hotels, and cars in real time.
  • Our flight booking engine enables businesses to
    increase profits by delivering Third Party
    Flights API inventory directly to clients. Our
    expert team creates an Airline Booking Engine
    with a B2B and B2C model to allow travel agencies
    and companies to sell flight tickets to B2B/B2C
    consumers with real-time flight rates and
    availability. Our goal is to give you quick and
    easy online access to the products your clients
    require.

7
  • We incorporate a centralized database design in
    the inventory management modules so that travel
    agents may look for real-time data, seating
    management, and accommodation. Our air ticket
    booking system manages everything from flight
    booking through passenger boarding, offering a
    flying experience for the passenger and
    fulfilling the goal of every airline.
  • Our Flight Booking Engine Development will assist
    your business in increasing revenues by
    automating operations and reducing the time and
    effort necessary to complete an airline booking.
  • FlightsLogic API allows your organization to have
    access to leading GDS systems. Apart from that,
    we collect information from flight aggregators
    and low-cost carriers (LCCs). Our reservation
    system supports data exchange via GDS systems
    such as Galileo Reservation System, Amadeus
    Reservation System, or Sabre Reservation System.
    They consolidate global airline price and
    availability data and offer it via APIs/XMLs.

8
  • Using the Flight Inventory Management Module has
    the following advantages for flight charterers
  • Expand charter tickets sales channels
  • Increase Accuracy in the defining and selling of
    charter ticket
  • Saving Human Resource time
  • Creating a competitive benefit on the website

9
How It Benefits Your Business
  • Devoted inventory system
  • This flight solution customizes the system for
    your airline's exclusive usage with no
    configuration restrictions or shared resources.
    In comparison to competitors, this gives your
    airline flexibility and endless capability. It
    provides the airline with a competitive
    advantage. 
  • Security
  • Top-notch security for your data, operations,
    methods, and information, keeping the business
    safe and protected, therefore improving business
    travel. 
  • Customer satisfaction
  • Our solution provides client satisfaction at all
    points of interaction and business. It guarantees
    that reserved flight tickets are upheld and that
    booking is quick and easy. It also increases the
    number of bookings sold, resulting in a higher
    profit for the firm.

10
Why Choose FlightsLogic?
  • FlightsLogic helps travel companies increase
    bookings and save costs by streamlining online
    booking, inventory management, package
    customization, back-office management, itinerary
    development, business leads, accounting, and
    other procedures. We deliver flexible
    reservations and inventory management solutions
    for Airlines including call centers, travel
    agencies, internet engines, the interline
    booking.
  • Our flight inventory management will give the
    most efficient methods for managing routes, rates
    per seat, and seat availability. Furthermore, it
    will enable direct access to airport and airline
    databases. We provide a flight booking engine
    with extensive inventory, ticketing, and customer
    management software.
  • It displays the most recent data available,
    eliminating the need to keep track of constantly
    changing information on those databases. Overall,
    we provide the most advanced flight inventory
    management system that is adaptable, quick, and
    accurate.

11
  • FlightsLogic believes that the process of Airline
    Inventory Management should be seamless and that
    the Airline Hosting System should be from a
    reputable hosting provider. The Reservation
    Management must be such that the travel operator
    can check out the bookings quickly.
  • We work with B2B and B2C modules so that Travel
    Agents may make simple reservations and offer the
    best discounts to their consumers. We provide
    E-ticketing functionalities for the Airline
    Mobile Booking App. The software is available for
    both Android and iOS devices.
  • Flight inventory management is a specialized tool
    that automates the maintenance of various
    flight-related information such as available
    seats, price per seat, and so on. It is
    responsible for putting the most recent data on
    the worldwide distribution system and preserving
    inventory-related data on individual computer
    reservation systems (CRS) of airlines (GDS). A
    GDS is a system that allows you to access several
    flight inventories from various travel agents.

12
Features of Flight Inventory Reservation System
Offers
  • Internet booking engine
  • Departure control system
  • Inventory management
  • Flight application
  • Loyalty program
  • MIS reports
  • Third-party integrations
  • Mobile Check-In Facility
  • Kiosk Check
  • Select the city and destination country from the
    database
  • Round trip ticket definition (charter)
  • Definition of exchange rates
  • Allocation of credit to resellers and business
    partners
  • Define the time and number of flights stops
  • Determine seat inventory based on different seat
    classes
  • Determine the purchase and sale price of tickets
    separately
  • Specify cancellation rules
  • Specify the luggage allowance

13
Contact Us
  • For more information, please visit our website
    https//www.flightslogic.com/flight-inventory-mana
    gement.php
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