Finance and Investment
Cost and revenue planning, forecasting and control A Case Study
Reiner Koch, Flughafen Stuttgart and Wolfram Weber ISO Software Systeme
Abstract
Stuttgart Airport has undertaken a series of projects to enhance its cost and revenue controlling
system in order to support decision making and strategy in the changing market.The system answers
questions like:Where can we achieve additional efficiency? Which market segments and which
customers account for profits, which add to losses, and why? What drives the degree of resource
utilisation and which resources show efficient utilisation and which do not? How many passengers
will there be next year? With which airlines and on which routes? What resources will be needed in
order to meet the demand and what cost impact will this have? The system also responds to what if
scenarios, such as a new airline entering the Stuttgart market, an airline ceasing operations, a
particular destination performing well or poorly etc.The system considers both airport operations as
well as ground handling.
Keywords
cost, revenue, planning, controlling, simulation, scenario, software, ERP
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