Online Inventory Management System - Manage and Sell Your Travels Online

 

 

Why Inventory Management is Essential for Travel Agencies

 

In today's world, inventory management has become necessary for the growth of a travel company. If you don't have professional control of your inventory, the day is not far away when you lose control of your profits.

When you start a travel agency, you need to understand that you need additional resources of global travel content to attract your potential customers.

It has become an easy task to incorporate new features and expand the services and become the world's largest provider of travel content by partnering with multiple travel service providers, but managing the inventory system is vital for success.

If you are an aggregator or a distributor, it is very essential to ensure that you have an accurate record of your sales, and having full control over your inventory management system is very essential.

Efficient inventory management at your travel agency is a key feature of a thriving business. The inventory system makes it easy for travel entrepreneurs to set up and maintain full descriptions of all its directly contracted suppliers and inventory along with pricing.

The inventory can be loaded into the CRS for large agencies, such as hotels, packages, and vehicles, along with availability and net prices.

They can then bring mark-ups and/or commissions to the net rates and control the price to be shown on the website when somebody makes a search using the booking engine.

They can set up business rules, policies, promotions, and differential pricing based on season, customer class, etc., as well as stop selling and blackout dates (for hotels).

CRS makes it incredibly convenient for a travel agency to manage its inventories and suppliers and enables its customers and distributors to centrally access and book the inventory in real-time.

It is ideal for tour operators, travel agents, and travel companies who design and build their own packages (holidays, tours, reservations, etc and resell other services and packages from third-party tour operators – and who need a way to manage availability, travel inventory and competitive prices.

BookingXML provides an online inventory management system that allows you the flexibility to integrate the components required with existing systems. You can build a solution that meets the streamlines and requirements throughout the business operations.

Our advanced Inventory Software leverages open system technology to provide a quick, reliable system for addressing customer segmentation and inventory processing challenges across all distribution channels.

Our inventory and distribution application successfully incorporates all the features required by travel distributors for all travel services.

By using our travel technology, tour operators have a robust and flexible platform that allows you to control inventory and bookings while maximizing online sales.

With our solutions, we are establishing a central inventory platform that brings you, your clients, suppliers, and consumers into a single integrated ecosystem. This will allow you to manage all sales channels from a single point, without losing or lacking any data.

By using our Inventory Management Software, you can extend your data management capabilities, upload price and availability information from the Inventory, or upload it from external tools.

Set up distinguished markups depending on travel products and distributing agencies in line with its business model. Our Inventory Management software simplifies everything about travel inventory and allows it under your complete control through automation.

The Inventory management software from BookingXML is efficient and flexible logistics management software that can be adapted to the travel industry requirements. This travel inventory management software allows travel businesses to offer this inventory rapidly to clients and partners of their choice.

By using our Inventory Management tools, build and publish comprehensive product details in a different language, enrich them with high-quality image add services and location-specific information.

 

The key benefits of incorporating your inventory management system into your back office are:

 

• Maximizing inventory to reach product availability and ROI goals

• Providing inventory visibility to supply chain partners

• Detailed inventory in financial reports

• Streamline inventory management to optimize sales opportunities

 

Although these advantages have a huge effect on the bottom line of your business, you cannot neglect the other effects of the inventory management system.

 

• Reduces mistakes

 

Keeping track of huge data is undoubtedly a very challenging and time-consuming job. So, when you go to the OTA model, it minimizes the number of errors and keeps the record untouched. It covers a large part of the process, so there's no need to copy entries manually from one record book to another the system does it all on your behalf.

 

• Reduces cost

 

Cloud computing providers can operate at a fraction of the cost and can provide several more dynamic features for growth. So it removes the extra burden of paying a large amount of money to track the details of your property.

 

• Save your time

 

It's less time-consuming and it saves you more time to concentrate on other significant aspects that need to be tackled quickly to improve the effective role of your travel and hospitality business. You don’t need to plow through spreadsheets to get a view of your inventory. Instead, you can search it in cloud-based tools to get real-time report tracking so you can quickly see what you're selling and what's going on in your inventory.

 

• Connect directly to all sales channels

 

It connects you to multiple platforms that boost your sales. If you are a hotelier or any other travel content distributor, you need to connect to several platforms to maximize your sales.

 

Give Your Business the Leading Edge with Total Inventory Control

 

 

BookingXML develops an inventory and distribution platform with all the tools required to enable any tour operator to fully automate and standardize product and service offerings.

Our inventory management system is a modular platform that gives you the flexibility to incorporate the components you need into your existing systems. You can develop a solution that best suits your needs and streamlines your end-to-end business operations.

Online Inventory Management is a state of the art system to manage and distribute travel inventories through multiple sales channels. It offers functionalities for automating distribution and price fluctuations, depending on market demand.

Online Inventory Management Tools built by our teams make it easy for our customers to update and modify the inventory. We concentrate on providing software that will ensure effective management of the inventory of flights, cars, hotel rooms, vehicles, tours, and cruises, whatever is needed.

BookingXML Inventory Management System manages and distributes travel inventory across various distribution channels. It offers features for automating the distribution and competitive prices based on market demand.

By using our Inventory Management System, you manage complex features such as blackout dates, listings, commissions, and markup effortlessly. Our Inventory Management System and Distribution Application successfully comprehend all the features needed by travel distributors for all travel services.

 

What Travel Inventory Automation Brings to Your Table

 

• Centralized inventory database

• Easy management of inventory availability

• Unlimited configuration of special deals

• Real-time product updates

• Hassle-free search and booking inventory

• Accessible reporting

• Product self-management for suppliers

• Product accessible reporting

• Product multi-currency support

 

Redefine your Travel Inventory Management with BookingXML

 

 

BookingXML develops cloud-based inventory management tools for real-time inventory tracking and visibility on desktops and mobile devices.

We have an experienced and qualified team to design and build inventory management systems based on your business needs. Our platform does have unique features that can give you complete control of your inventory.

We can develop an end-to-end solution to manage your inventory efficiently. Our Inventory Management System offers versatility and sales-based travel inventory controls that can increase travel overall revenue. 

Also, our Inventory Management System utilizes a modern approach to availability processing that reduces costs and maintains revenue integrity through the real-time application of travel inventory controls.

Our inventory management software implementation of cloud-based services allows quick data access from any internet connection and flexible data storage capabilities. These services also provide solutions such as accounting system integration, multi-location part tracking, and performance management.

Our automated inventory management systems are designed to provide the best programming for purchasing and inventory management applications. 

Via inventory management software implementation of stock management solutions, we scale up robust inventory management software implementation of ERP and CRM systems.

Our expert team leader at BookingXML combines inventory management systems with ERPs through API development.

If you're looking for inventory management software solutions, look no further than us. We are willing to assist you in a well-organized way. BookingXML provides all sorts of web development services at a competitive price.

We introduce a range of technological solutions to simplify inventory management and to bring it under your full control through automation.

We ensure our business travel management solutions are tailored to the professionals both on the service providers’ and clients’ sides and fit into their ecosystems smoothly.

If you want a web booking engine to sell your own inventory or want to sell a third party inventory using a white-label or an XML API, BookingXML can do it quite easy for you.

 

With our specialized Inventory Management Software, you can

 

• Manage both own and directly contracted inventory in a single device

• Avoid overbooking

• Expand your sales channels globally

• Cut off your manual paperwork and maximize productivity

• Minimize the time-to-market of your product offering

• Sell offline contract online

• Manage travel services including hotels, transfers, cars and tours

• Can be easily integrated with any existing booking engine

• Manages taxes and tariff conditions

• Real-time inventory control

• Yield management with price variations based on market demand

• Easily manage all your content, contracts, allocations, pricing and packaging with connectivity to leading IT systems

• Single or multi-site frameworks with a single solution - buy once and use everywhere

• Multicurrency and multilingual features on both front-end and back-end portals

• Manual and automated workflows allow you to balance control and performance

• Multi tax set up your own taxes and determine where to apply them

• Flexible and scalable, so that you can scale the platform to suit your business needs

• Bring offline suppliers online and add their offers to your inventory easily