Tvm: Technopark based IBS Software has launched an airline manpower management solution. The 'iflight Crew' Software has been developed with significant inputs from four leading global airlines.
According to Mr. V K Mathews, Chairman and CEO, IBS Group, this MPM solution can reduce operational costs by 4 - 8 % in about 6 - 9 months after the impementation. This is a strategic business planning tool that will enable airlines to improve operational efficiency by delivering the appropriate number of qualified crew to operate on any given day, balancing cost and operational risk. The solution is the first of its kind that integrates the entire airline operations and goes way beyond the traditional thinking in the area of airline crew management. It enables faster and smarter crew allocation decisions, leading to a reduction in crew costs through improved recruitment processes, training plans and crew movement profiles.
The four airlines - Air Astana, easyJet, Malaysia Airlines, and Qatar Airways, that together form a Core Group of Influence (CGI) is a unique business model pioneered by IBS to bring together select members of the user industry to develop a product that incorporates industry best practices and which addresses key industry requirements. The CGI, therefore, is an alliance of IT specialists and end users, united in a common goal, working together to produce a solution that conforms to the evolving needs of the airline industry. It is also a platform for airlines and solution providers to exchange experiences, knowledge and concerns in order to derive synergy through sharing of information.
Crew costs typically represent around 20% of an airline’s cost base, and consequently a few percentage points change in crew requirement can result in significant cost savings and an increase in profit margin. The IBS Manpower Planning solution, which will be the integral part of the airline Crew Management Function, will do away with the age old practice of manual crew planning using spread sheets. The solution is a culmination of extensive R&D over a period of 14 months requiring significant commitment of resources and investment. The CGI members will work closely with IBS in the implementation phases, as well as evaluation and testing of early product releases.
“The CGI is an innovative approach for product development adopted by IBS and, we are delighted to have such reputed names partnering us for the Manpower Planning solution. In addition to business consultancy, what we are offering is a pioneering product that captures the industry requirements, enhances operational efficiency whilst reducing operational costs,” said Mr. Mathews. This is the eighteenth product to be launched by IBS.
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