Review on Airline Reservation Systems

Abstract —There are some complex and compelling challenges that global manufacturing industries should face, which includes price fluctuation, supply-chain inefficiencies and increasing customer expectations. In order to meet the demand of this economic environment, manufacturers need to find innovative, smarter ways to face those challenges. Thus, the efficient inventory management becomes urgent to manufacturers and it could help improve profitability and increase customer satisfaction. This paper aims to talk about what inventory management is and its importance, what problems inventory management might have and how to improve inventory management efficiency.

Warehouse layouts were changed and its proprietary warehouse software adjusted to help forecast inventory demands The improved inventory model called for inventory to be managed as follows: (1) High demand inventory based on past sales and forecasts is retained at multiple distribution centers (2) Drop shipment where after searching Amazon’s inventory it searches inventory of manufacturer and wholesaler transferring the customer’s order to the wholesaler or manufacturer to complete the customer’s order (3) The third inventory mechanism is to allow vendors and retailers to offer products on Amazon’s website. One of the benefits of this inventory sourcing is that the customer is able to compare prices and make selection about price and delivery options after comparison. Additionally, in tapping into this three prong inventory system, the

Two years before Smith arrived, WestJet decided to move towards Sabre reservation system which is a computer-based reservation system widely used by airlines and travel agencies throughout the world. The cutover to Sabre in October 2009 was a difficult transition into the world of shared airlines.

The POS is a great indicator of items in stock and knows when to order more stocks of the items. Every time any item is sold, POS updates the server and the inventory amount changes. Remember that POS system is the location where a transaction or checkout takes place. POS systems are able to track the internal stock and automatically schedule the replenishment stock from external sources. This inventory management is an important part of Information Systems. Inventory management is mainly about specifying the size and placement of stocked goods. Inventory management is also required at different locations of the supply chain; this encompasses everything from replenishment lead time, carrying the cost of inventory, inventory and demand forecasting, inventory valuation, inventory visibility, price forecasting, quality management, and returns of defective goods. The inventory management needs to be handled in the efficient manner as it is

The current database provides a basic inventory system. For the new application to be a success, there are several items that need to be addressed with the current Kudler Database. For instance, Kudler needs additional tables such as Reserved Inventory table. This table will be a transaction table that will reserve the items by removing them from inventory and holding them in the reserved table until one of the following conditions is met.

1. Would the new reservation and booking system be a horizontal or a vertical application? Explain your answer.

The inventory management system will be the central element in allowing automation, to take place as well as ensuring accurate inventory control. SAP™ is a provider of products that do this very well and has become an industry standard in scalable inventory management. Some consideration should be given to SAP systems.

Based on Service Request SR-rm-001, the processes of inventory management and control at Riordan Manufacturing were evaluated. Four aspects of Riordan Manufacturing’s inventory management and control require improvements. These aspects of business are improvements to automation, inventory control and error reduction in the inventory management, as well as an overall inventory storage cost reductions. Furthermore, each part of the inventory management and control process requires a single unifying method to deliver a solution using computer systems.

All retailers have a common goal in mind, and that is to make a profit. Companies earn a profit by first connecting customers with products, which can lead to an exchange of product for money. Without the ability to connect customers with products, no money exchange is possible and no profit is earned. It is, therefore, immensely important for retailers to have the right products, in the right quantities, at the right locations, and at the right time. Inventory Management Systems provide companies like L.L.Bean with the necessary information to achieve just that. L.L.Bean’s advanced inventory management system (IMS) connects customers with products, irrespective of the location of the product or the customer (Hoffsess, 2015).

When offers of reduced pricing are accepted for equipment, meeting delivery expectations becomes an important part of enhancing the customer experience to maintain satisfied loyal customers. An inventory specialist in the current distribution center would be given the additional task of segregating and maintaining inventory levels to meet the needs of the customer loyalty department.

American Airlines holds the largest airline by fleet size and revenue. The airline is the second largest by number of destinations. Its biggest competitors are Delta Airlines, United, and Southwest. The headquarters are stationed out of Fort Worth, Texas. Dallas/Fort Worth, New York, Chicago, Los Angeles, and Miami are the 5 hubs that AA hold. Their largest centers are Dallas/Fort Worth, New York, Chicago, and Los Angeles. With these 4 centers as the busiest cities on an average day they have 6,700 flights and fly around 530,794 passengers. American Airlines focuses on having the strongest network system to ensure customer satisfaction. Their networking system is one of the strongest in the world. In the second quarter of 2015 they had a net

In fact, Spirit Airlines distribute tickets through both Direct and Indirect channels to exploit the profits (Tnooz, 2011). With direct distribution, the airline directly distributes tickets conventionally to the customers, using the internet as its primary disbursement channel. Whereas the indirect channel involves selling through channel intermediaries like wholesalers and retailers.

Inventory management has two very different, but effective methods: Vendor managed inventory, and consignment inventory. A company may choose to utilize either of these two methods to manage inventory. If a company is able to manage inventory, they will be better able to work the company's capital to the fullest extent. The following paper will identify the differences between the two as well as identify what type of company is best suited for each method.

Managing what's in a warehouse or on the shop floor can be extremely complex if you're looking for optimal cost and supply chain management capabilities( Needleman, 2017 ). Inventory estimation and control is directly impacted a company’s profitability.

A common way of decreasing the amount of inventory a business holds on a daily basis is implementing a just-in-time inventory process. A Just-In-Time inventory system means that the business gets the materials for a product, as they are demanded. “The electronic data