Travel Inventory Management
What Is Travel Inventory Management and Why Is It Important for Travel Agencies?
Travel Inventory Management is a cutting-edge system for managing and distributing travel inventories across multiple sales channels. It includes features for automating distribution and price fluctuations based on market demand.
Groupy provides a travel inventory management system that allows you the versatility to integrate the components required with existing systems. You can build a solution that meets the streamlines and requirements throughout the operational processes.
Our travel inventory management system offers benefits to the travel industry and keeps track of your available deals. All of the features required by travel distributors for all travel services are successfully integrated into our inventory and distribution application.
How travel agencies can utilize Travel Inventory Management:
Inventory Control- Inventory management assists a travel agency in keeping track of inventory and preventing overbooking. Adding the system with accurate data allows you to make direct connections via API, and a great travel agency will manage the business inventory.
Reservation Management- With excellent reservation management, you will be able to track payments and issue various types of receipts. It helps you keep track of travel documents, invoices, and payment confirmations.
Marketing Reports- Every travel agency has to keep track of the number of passengers and hotel bookings made daily. When it comes to negotiating better prices and higher commissions, marketing reports can help. It helps you with locations to channel your marketing aims and also holds important details.
Numerous Sales Channels- You can get clients in a variety of ways and methods at times, but keeping track of them is the most important aspect. This should be the major thing in your mind when thinking of how your travel agency can use the inventory system, selling online and offline in an accessible manner is the most essential thing.
With our specialized Travel Inventory Management, you can Expand
your distribution channels worldwide Inventory control in real-time Reduce your manual paperwork and increase your productivity Minimize the time-to-market of your product portfolio Sell offline contracts online In a single system, manage both your own and directly contracted inventory Avoid overbooking Manage travel services such as hotels, transfers, rental cars, and tours It is simple to integrate with any existing booking engine Manages taxes and tariff conditions Yield management with price variations based on market demand Multicurrency and multilingual portal features on both the front-end and back-end Manual and automated workflows allow you to balance control and performance Flexible and scalable, allowing you to scale the platform to meet the business needs Bring your offline suppliers online and easily add their offers to your inventory
The function of Travel Inventory Management:
Increased productivity and efficiency Barcode scanning Inventory optimization Stock notifications Report generation Stock returns handling Material grouping Purchase order records An all-inclusive solution
Major Features of Travel Inventory Management: Fully Responsive and User-Friendly Interface Customizable Itinerary Sightseeing Management Transport management Accommodation management Guide Management Query / Lead Management Itinerary Builder Quotation Builder Voucher or Invoice Creation Finance management Advance Report System Coupon Management Staff Management Bulk SMS / Email Management Customer Complain or Feedback Tracking
CONTACT US: For more details, please visit our website: https:// www.groupy.travel/travel-inventory-ma nagement.php