Banking on data-driven pricing decisions
Saudia Cargo has gone live with three solutions developed by Dallas-based Revenue Technology Services (RTS), a provider of profit optimisation tools for the transport industry.
"Velocity" is a comprehensive revenue management solution designed to forecast capacity, show-up rate, and demand while optimising overbooking, allotments, and bid prices. It is complemented by "Accelerate", which offers dynamic pricing decision support tailored for the cargo industry.
"Foresight" is a revenue planning and sales budgeting software, taking into account schedules, capacity, demand, routes, equipment characteristics, and shipment details to set annual revenue targets and sales objectives. Johan Van Rensburg, Saudia's global head of cargo delivery: "We are confident that we will redefine cargo automation." (ah)