Several management consulting firms have noted, for years, that a mere 1% improvement in the realized price typically translates into a profit margin of up to 10%-12%. This impact measures significantly greater than any other profit lever such as variable costs, fixed costs, or sales volumes. Pricing is the single most important lever available to
Forecasting is always somewhat of an estimation for the future, even when based on advanced mathematics and incorporating other data and sources to improve accuracy. This post is not intended to delve deeply into the maths, but rather to get your thoughts or feedback on some of the influences you have seen, especially the outliers.
We are in the transportation industry; we like to travel. We still think that face to face is by far the best way to develop relationships, impart knowledge, conduct training, and ensure our clients can get the best out of our solutions. One of our recent blogs (Link) noted how our release planning had been
In just a timeline of two years, our lives have drastically changed due to the Covid-19 Pandemic. Having to go through the lockdowns and social distancing ourselves, our daily lives’ have been completely disrupted. Many companies, factories and industries are down and among them, aviation is the one that has been hit the most. Airlines
As we write up these blogs to share with you, we typically have a process in place. This process has certain timelines and deadlines involved and obviously missing these deadlines has an impact on delivery. Where loading schedules in the airline industry is relatively straightforward, for the majority of the cruise ferry clients loading schedules
Businesses today face a start reality: anticipate, respond, and react to the growing demands of the market place or perish. This is even more pressing in our travel and transportation industry. In a fiercely competitive environment, business strategy not only determines success, it governs business survival. But time and again, we see massive failures and