What is Flight Inventory Management?

Flight Inventory Management is an innovative system for organizing and delivering flight supplies across multiple sales channels. It includes tools for automating distribution and pricing changes based on market demand. Air aggregators and charter resellers can use the online portal, agent dashboard, and XML web services to centrally manage and market pre-purchased flight inventory.

• Flight inventory management and distribution
• Yield management with price volatility dependent on market demand
• Consolidator may handle pre-purchased flight inventory (or PNRs)
• Flight inventory from many airlines and sectors
• Manages various inventory sheets (fare sheets)
• It is simple to integrate with any existing booking system.
• Control taxes and fare conditions
• Inventory management in real time
• Manage the inventory release period.

Why Flight Inventory Management System Is Necessary?

As the tourism industry becomes more competitive, travel agencies can book airfares and select departure/arrival locations and times, allowing them to provide lower prices and better services to their clients.

Travel agencies may use the Flight Inventory Management Module to specify charter flight seat inventory and distribute it in multiple online sales channels with whole online sale procedures independently or as part of tour packages.

A flight inventory system's primary goal is to control the availability of seats in various cabins and to manage fare groups or buckets. Flight schedules, inventory levels, fare pricing, service fees, ancillary sales, user management, and much more are all monitored and controlled in real-time using state-of-the-art interfaces.

Inventory management systems help track inventory levels, orders, sales, and reservations. It is also used in numerous organizations to create orders, bills of bookings, and other customer-related documents.

A flight reservation system is a comprehensive airline reservation software solution that integrates GDS/Flight XML services into a travel agent's travel portal. Businesses may instantaneously access all flight data and capabilities online, reducing operational expenses, development time, and maintenance time.

Furthermore, this airline reservation system enables the booking of flights in conjunction with other travel services such as hotels, excursions, activities, dynamic packages, and transfers to improve customer experience, boost online reservations, and increase profitability.

The flight inventory management system is a platform for managing various flight inventories through a single channel. The most fundamental aspect of an inventory management system is inventory control, which keeps track of available seats. Furthermore, the inventory control function must compute seat pricing based on the rates and booking criteria maintained in the Fare Quote system.

Travel and tour companies are looking for ways to improve the customer experience, minimize overall effort, and boost overall revenue. And there is no better way to do all this than by utilizing flight inventory management systems.

An airline inventory management system will offer you real-time data on flight availability, seat pricing, and so on. A system based on an economic-based algorithm is necessary to give consistent results for customer booking requests and search inquiries. It also reduces the need for humans to update or verify available seats after each booking or cancellation action because it does it automatically.

With the help of a flight inventory operator, an agency can retrieve inventory data and make it available to end customers. Flight inventory built using cutting-edge technology will allow agencies to use revenue management strategies. They also provide sophisticated client identification tools and superior availability management capabilities.

Travel agencies employ inventory systems to automate your control over listings, allotments, availability, and price for you and your partners. Online booking software enhances every part of the reservation process, from inventory management and dynamic pricing to customer support and sales.

We incorporate a centralized database design in the inventory management modules so that travel agents may search for real-time data, seating management, and accommodation.

Manage Your Airline Inventory And Operations All In One Platform.

FlightsLogic is a web-based system that integrates flight data - flight schedules, seat availability, flight pricing, and reservations from leading airlines. It delivers real-time inventory and rates for customers and travel agents to purchase flight tickets online via a global distribution system.

We offer an advanced Flight Booking System to travel agencies to optimize client travel procedures and increase business income. We design, develop, and implement bespoke Travel Reservation Software for travel agents, allowing them to manage reservations and inventory for flights, hotels, and cars in real time.

We have helped various startups, travel agents, tour operators, and travel agencies achieve the peak of the travel business. We provide the most robust flight API platform in the business, which decreases integration time by allowing access to worldwide inventory from numerous airline vendors and GDS. Their flight API provides access to domestic and international flight data, ticket prices, seat availability, and a payment mechanism.

FlightsLogic provides Hotel Reservation Software, Hotel Reservation System Features, Hotel Booking Software to travel agencies and tour operators globally.