Positive Financial Impact of Deploying an RFID Baggage Tracking Infrastructure
Longest Chance, as an active member of IATA, participated in the IATA Baggage Working Group Conference in Dallas, Texas from February 14 through February 16, 2017. During the conference, Longest Chance offered the audience detailed insight into its financial model on how airlines can benefit from an improved baggage tracking solution through RFID technology. The model is tailored to airline industry and enables airlines of all sizes to build a business case by sizing the incremental costs versus incremental benefits based on a set of variables related to baggage handling and performance. Savings include improvements in the areas of mishandled baggage as well as through optimizing staff related to baggage handling and customer service.
Longest Chance offers airlines the opportunity to enter a consulting engagement that includes the application of the financial model to estimate the airline financial benefit and conduct a real-time pilot between selected airports for proof-of-concept. This engagement aims at showcasing high read rates of 99.99%, staff optimization, an improved customer experience and support for a solid business case.
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