Analytics and Collaboration Success Story
Revenue Management Enhances Rental Company’s Customer Service
Business Situation
- The client is a worldwide car and truck rental company with more than 3,200 company-owned and franchised locations
- Without an effective Revenue Management program, the client was unable to react quickly to dynamic supply and demand requirements for maximum customer service and revenue
Key Issues
- Needed to develop a system that would enable customers to contract for cars not in use, eliminating lost revenues
- Data had to be sources from a number of packaged and custom applications
- Fault tolerances had to be designed and implemented to ensure service twenty-four hours a day, seven days a week
Outcomes
- Through better rate and availability management, The Revere Group built a sound and efficient Revenue Management program to positively impact the client’s customer service, revenues, profits and shareholder value
- Delivered on time and on budget, the project’s success is attributed to The Revere Group’s technical expertise, and their ability to work as a team with the client’s management and employees and the individuals from various third party vendors