May 29, 2014: Accenture has announced a new version of its Air Cargo Reservations software, part of the Accenture Freight and Logistics Software portfolio, designed to help air cargo carriers improve profitability and efficiency. This new version gives carriers greater flexibility in managing reservations, including flights with alliance partners, resulting in optimized freight capacity and minimized revenue leakage.
Accenture Air Cargo Reservations version 6.0 is designed to be an intuitive, easy-to-use product that allows air carriers to book accurate, timely, and flexible reservations. New enhancements help enable carriers:
- Prevent revenue leakage: Advanced segmentation and dynamic capacity control techniques allow orders to be matched with the most appropriate and cost-effective flights. This enables carriers to optimize free sale capacity and available space, and minimize lost revenue opportunities.
- Provide inventory management for alliance partner airlines: New joint inventory management functionality provides a single view of inventory across multiple alliance partners. This includes integration with multiple systems for alliance-wide visibility and joint capacity management.
- Make fast, profitable decisions: Increased visibility throughout the shipment life cycle brings revenue and cost information together so that carriers can make better real-time business decisions regarding availability and pricing. Automated integration with an enhanced cost engine creates increased cost transparency and allows carriers to build rules and restrictions into the quoting and reservations process.
- Improve customer service and asset utilization: An enhanced, easy to use user interface gives greater transparency and visibility of key information, enabling revenue managers and booking agents to make informed decisions and provide better customer service. For instance, the system provides a complete view of booking history and route details for all flights, allowing carriers to make real-time adjustments that maximize customer service and asset utilization.
"In order to cut costs and gain efficiencies, we know that air cargo carriers often look at their logistics chain first," said Malcolm McNamara, global managing director of Accenture Freight and Logistics Software. "Accenture's Air Cargo Reservations software helps maximize air cargo carriers' business results by providing greater transparency in data for improved pricing strategies and cargo yields, better decision making, more efficient use of assets and increased customer satisfaction."
Combining an experienced team with leading-edge software and a global delivery capability, Accenture Freight and Logistics software helps organizations realize value from their technology investments and manage the escalating challenges of changing markets.