JDA - Software for Demand and Supply Chain Management









Price-Sensitive Revenue Management





 

 








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The way that people buy Cruise, Hospitality, Tour, Passenger Rail and other Travel products is changing. Demand is evolving and your customers are rate shopping with sophisticated new Internet tools.

We live with increasing price transparency, increasingly commoditized travel options, and downward pressure on profitability. JDA Software Group’s solution to these challenges is Price Sensitive Revenue Management (PSRM).


Differences between Price Sensitive and Traditional Revenue Management
Traditional RM produces forecasts, based on historical demand and current booking trends, but assumes that prices are more or less constant. In the last few years JDA has re-thought the approach to forecasting so that rather than assuming that “demand is what it is” we use price sensitive forecasting to estimate how price will impact demand. In this way Price Sensitive Revenue Management (PSRM) can actually answer the fundamental question: “At what price will we make the best return?”

While traditional revenue management (RM) methodology works particularly well in conditions where demand outstrips supply ? recommending availability controls that eliminate the least profitable segments of the business ? it does little to address the occasions when capacity exceeds demand. These conditions require a different type of solution that enables operators to understand and identify the pricing action that will be most profitable.

PSRM helps operators to make more money through using price as a far more effective means of stealing share from your local competitor set. In a competitive environment, there is often little to differentiate one supplier from another. Customers are equipped with sophisticated price-shopping capabilities and are becoming better at getting deals. Price is a substantial factor, particularly the positioning of your prices relative to your competitors. If you can optimize that, you can outperform your competitor set.

PSRM is an exciting new approach that is becoming widespread in many of the industries that we work with. Learn more about some of the industries we work with at:





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  JDAへのお問い合わせはこちら

JDAソリューションに関するお問合せはこちらまでお願いします。:
    

Tel: +81 (0)3 6418-1100 (日本)   

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  ARCHIVED WEBINARS

Price Sensitive Revenue Management for the Cruise Industry

The Future of Pricing and Demand Management for the Rental Car Industry

The Case For Change In Hospitality Revenue Management

JDA Viewpoint: Next Generation Hospitality Revenue Management

  ソリューション シート
JDA Hospitality Revenue Optimizer
JDA Rail Revenue Optimizer
JDA Media Revenue Management System
JDA Cargo Revenue Optimizer
JDA Airline Revenue & Price Optimization

  ホワイトペーパー
The Changing Tide in Revenue Optimization: Price Sensitive Revenue Management
Loyal Customers and Shareholders: Good Friends?
Cruising for Profits, the Sophisticated Way
Future Trends in Rail Revenue Management and Pricing White Paper
What Makes a Good Revenue Manager?

  導入事例
GNER Logs Financial and Operational Returns on Top of Miles with Rail Revenue Optimization Solution
El Al Israel Airlines Improves Forecast Accuracy, Customer Service with Support of JDA Software's Revenue Management Solution
Dollar Thrifty Automotive Group Improved Its Bottom Line by More Than $7 million in Its First Year of Leveraging JDA Technology
Continental Airlines Cargo Boosts Revenue 2.5%, Increases Forecast Accuracy 10% with JDA Software
British Airways Achieves Cost Savings, Reduces Inventory Holdings with JDA Software

  プレゼンテーション
JDA Revenue Management & Pricing Conference 2009 Presentations
March 2008 - EyeForTravel Pricing and Revenue Management Asia -
JDA Rail Revenue Management & Pricing Conference Europe 2007 Presentations

  PODCAST
Indiehotelier Podcast - JDA Revenue Management