Companies in the cargo and freight, entertainment and leisure, hospitality, media and passenger travel industries serve diverse customer segments with equally diverse products and services. Companies with the ability to identify each customer segment’s willingness to pay and optimally match the forecasted demand to their complex capacity constraints can dramatically increase revenue and profits. JDA Revenue Management helps companies in these competitive industries allocate the right amount of perishable inventory or constrained capacity to the right customer segments to achieve maximum profitability.
Companies can generate incremental revenue by recapturing excess demand that that could not be accommodated at a peak time on a different departure at an off-peak time.
By using JDA Revenue Management, you can allocate demand to the most profitable business segments by identifying which demand to serve at what price. Allotment management and overbooking techniques help reduce inventory spoilage, and demand segmentation and price optimization enable you to differentiate and manage high demand periods to better balance supply and demand.
The JDA Pricing and Revenue Management Group has pioneered the development of revenue management technology for the past 25 years, developing some of the first revenue management systems used in the travel, transportation and hospitality industries. JDA’s commitment to the ongoing development of advanced revenue management capabilities — including the ability to model complex, multi-dimensional capacities such as leg-based versus multi-leg routes — gives you a competitive advantage in today’s ever-changing business environment.
Additional Information |