EDMOND RATES&INVENTORY
Easy Rates & Inventory.
I automate price and inventory changes. For those who like to do things themselves the intuitive setup is very operational. It covers the revenue manager’s daily tasks. I then outline proposed changes and suggest the best possible actions. You make the final decision to change room availability, close or open room type per channel, adjust BAR rates, or bulk edit, and all in a matter of a few clicks.
Intuitive and simple to use.
My team likes to say that I am “working my magic” in inventory mode. What I do is automate BAR level increases and decreases while managing inventory changes, all to boost your revenue management team’s performance. It makes sense to use me for thousands of small changes and repetitive tasks 24/7, 365 days a year.
Intuitive and simple to use, the rates and inventory mode covers a revenue manager’s daily operational tasks, including changing rates and availability across sales channels, adjusting room availability for different room types, and sending stop sales—all for multiple properties. You can easily close or open room types per channel, adjust BAR rates, or make bulk edits to implement numerous changes simultaneously, all in just a few clicks.
Auto mode works better.
I outline proposed changes and suggest the best possible actions. This works for price and inventory separately, meaning that you can choose to automate availability and not to automate rates. I continue to change availability non-stop. In this case, for the rates, users make the final decisions either by accepting or adjusting my rate proposal. I learn from their behavior and adjust my future decisions, but the downside is that I am not utilized to the full extent of my capabilities.
When you choose to automate both rates and availability, I make all the changes all the time. This means that the workday does not end when the revenue management team goes home or when there is a weekend or a holiday. I keep on working all day every day. All you have to do is monitor results by following reports closely and occasionally adjust our course.
