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    COMMERCIAL
    AGILITY: THE NEXT STEP IN RAIL PROFITABILITY

    Competition and new players are disrupting forces. Rail companies responding with commercial agility, personalised products and omni-channel sales strategies will be able to provide the right price at the right time to the right passenger.

    COMMERCIAL AGILITY: THE NEXT STEP IN RAIL PROFITABILITY

    Customers generally want the cheapest fare and it is key to empower them in the fare display, by accounting for preferences and upselling opportunities.  

    Turning to flexible fares and pricing technology will enable rail operators to anticipate demand and allocate capacity, hence, maximising revenues from their inventory.

     

    TAKING CONTROL OF YOUR INVENTORY

    Rail pricing strategy requires instant time to market to maximise revenue.  However, many rail companies are still reliant on legacy systems that are not able to implement operational changes as quickly as their commercial strategies demand.

    In many cases, governmental regulations limit the rail pricing flexibility, however, when looking to improve profitability, rail operators need to:

     
    • Quickly adapt fares to changing market conditions
    • Protect high yield classes and long haul routes
    • Increase productivity with easy-to-use tools and real time updates
    • Integrate revenue management techniques

    Rail operators face the enormous challenge of increasing turnover in passenger travel and at the same time lowering the cost of sales.

    The rail industry needs to adopt commercial agility, if it is to keep up with the volume and sophistication of tomorrow’s rail passengers.

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    Amadeus inventory and Seats

    INVENTORY & SEATS

    A modular solution giving you full control over your inventory:  you decide where, when and how you are selling your products.

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    Whitepaper Cleared for take-off

    STRATEGIES IN LEAN IT AND HOW THEY ARE RELEVANT TO THE TRAVEL BUSINESS

    Lean thinking is about cutting waste and removing inefficiency, whilst in turn increasing effectiveness and customer value.

    The report examines the principles and origins of lean and shows how they can be applied to IT and operations within the travel industry.

     

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