How is Yield Management Implemented in Airline Industry?

Capacity management is a key contributor to the success of any company. The tools and techniques that are used for capacity management within a service provider are completely different than a manufacturing-based environment as discussed here. In airline companies in specific, the relationship between supply and demand in addition to all the characteristics that shape … Continue reading How is Yield Management Implemented in Airline Industry?

Yield Management in Airline Industry

Service capacity management is completely different than the manufacturing one due to different considerations as shown here. In the aviation industry for example, which has many stakeholders and players, each one has a different measure for capacity management as discussed here. For airliners in specific, capacity is measured by the number of available seats (Slack … Continue reading Yield Management in Airline Industry

Airline Companies: Supply- Demand Balance

An old anonymous quote says: "To most people, the sky is the limit, to those who love aviation the sky is the home". Professionals in the airline industry are inspired with endless prospects in the sky, but how far are they successful? In a study conducted by Coelli et al. (2002) based on 28 international … Continue reading Airline Companies: Supply- Demand Balance

Capacity Management in Service Companies

In 1968, the American economist, Victor Fuchs, published a book called 'The Service Economy" which represented an early formulation of the service economy concept. According to him, USA was the first nation to grab the opportunities in the booming service sector (Zhou 2015, p.17). In 2014, service- related revenues contributed to 62.4% of the GDP … Continue reading Capacity Management in Service Companies

Strategic Outsourcing: Benefits and Risks

Following to the previous articles about the definition of strategic outsourcing here, the outsourcing decision process itself and its influencing factors here and finally, the difficulties and barriers for the outsourcing process here, this article will critically evaluate the related benefits and risks in the strategic outsourcing process through reviewing three case studies for real … Continue reading Strategic Outsourcing: Benefits and Risks

Strategic Outsourcing’s Implementation: Difficulties and Barriers

Previously, the strategic outsourcing process was defined in this article followed by a thorough illustration of the decision-making process itself in this article. This article will continue that discussion by illustrating the main difficulties that might extend the time and efforts needed to finish the process, or even the barriers that can make it impossible. … Continue reading Strategic Outsourcing’s Implementation: Difficulties and Barriers

Strategic Outsourcing: The Decision Process and the Influencing Factors

Creating a competitive advantage is a vital aspect of any company's success which can be achieved by developing core competencies (David 2013, p.151). How do companies can develop and sustain that competitive advantage within with external changes in the business environment? Scholars have developed different arguments. On the first hand, companies can analyse the external … Continue reading Strategic Outsourcing: The Decision Process and the Influencing Factors

Strategic Outsourcing and Supply Chain Configuration: A Definition

Companies are increasingly challenged to sustain a competitive advantage in a dynamic business environment (Christopher 2005, p.117). Accordingly, more and more companies are now focusing on the core competencies and outsourcing the non- core activities to a third party (Chandra & Grabis 2007, p.29). The dynamic nature of today’s business environment affects the existing supply … Continue reading Strategic Outsourcing and Supply Chain Configuration: A Definition

Suppliers’ Relationship Portfolio: Critical Success Factors

Previously, the role of the Supplier Relationship Management (SRM) in supply chain competitiveness was discussed here, followed by analyzing some frameworks and models for suppliers' relationship portfolio here and finally analyzing and synthesizing a set of steps for the selection and management of suppliers' relationship portfolio here. This post will bring some life for the … Continue reading Suppliers’ Relationship Portfolio: Critical Success Factors

Suppliers’ Relationship Portfolio: Selection and Management

Previously, the role of Suppliers Relationship Management (SRM) as a competitive advantage, in addition to some framework and models that can be used to segment the suppliers and hence selecting the appropriate management strategies to manage this relationship were discussed thoroughly in this post and this one respectively. This post will provide a wider context … Continue reading Suppliers’ Relationship Portfolio: Selection and Management