Management of the inventory in airline industry maximization in the airline sector is accomplished by controlling sales of limited quantities of items such as hotel rooms, airline tickets, apartment leases, rental automobiles, and so on. Good yield management techniques include timing, competitive pricing, and targeting the right audience. For the airline and hotel industries, yield management has become an essential tool to stay competitive in otherwise congested markets. For instance, consumers with limited flexibility in their trip plans are more likely to pay a higher price for airline tickets and hotel rooms. These consumers also make use of innovative technology....

It’s not easy to implement any inventory control system. Many factors can affect the decision-making process be it inventory in airline industry or any other sector. So, before choosing an inventory control software solution, you have to consider these aspects: The complexity of the fulfillment process Size of your warehouse or stockroom Your budget Need for serialization, expiration, or lot date tracking Your business’s internal technical expertise Factors Affecting Decision Making Process in Inventory in Airline Industry & Other Sectors The complexity of the fulfillment process You’ll be requiring an advanced inventory control system as the complexity of your fulfillment process rises....