Emirates Airlines: Inventory Management for Competitive Advantage Presentation

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Long-term service

  • Long-term service agreement with Parker Aerospace (maintenance support to Emirates Airline):
    • Hub and various outstations;
    • Guaranteed repair turnaround times;
    • A local support team;
    • An in-region inventory pool.
  • Service agreement outcomes:
    • Enhanced efficiency in global operations;
    • Offers cost predictability;
    • Enhanced services;
    • Increased product performance for Emirates’ fleet of Boeing and Airbus aircraft;
    • Providing global reach.

Long-term service

Effective inventory management

  • Well established and comprehensive supply chain;
  • Ensures that Emirates meets and often exceeds internal customers’ expectations of product availability;
  • Minimizing costs;
  • Easily accessible by global customers;
  • Support from network of stores and distribution centers;
  • A focus on customer satisfaction.

Effective inventory management

Formulation and implementation of appropriate strategies

  • Service management:
    • Providing unsurpassed world class customer service;
    • Using advanced technology,
    • Offering excellent in-flight comfort for its passengers;
    • Must strive to catch up with other world class service providers;
  • Financial analysis for Emirates focuses on main activities (ABC Analysis):
    • Commercial air transportation, including passenger, cargo, and postal;
    • Carriage services;
    • Wholesale and retail of consumer goods;
    • In-flight and institutional catering;
    • Hotel operations;
  • Human resources:
    • One of the largest employers in the Gulf region:
      • Increased workforce from 28,686 in 2010 to 84,000 in 2015;
      • Emirates boasts of low human resource costs compared to the industry.
  • Emirates fleet management:
    • Operates all wide-body, larges fleet from Boeing and Airbus;
    • Places the largest aircraft orders;
    • Emirates’ fleet is one of the youngest in the skies;
    • Increased fleet numbers to build on its on-time departure record;
    • Unmatched comfort;
    • Has limited airport congestion.
  • Supplier relations:
    • Emirates believes in good and enduring relationships based on trust;
    • Sustained robust relations during economic turbulence;
    • Attract a large number of suppliers ready to work.

Formulation and implementation of appropriate strategies

Appropriate strategies

Appropriate strategies

Appropriate strategies

Appropriate strategies

Leverages ICT solutions

  • Modern logistics systems ensure that all types of goods are shipped and received on time.
  • Reduces inventory holding costs.
  • Ensures the automatic replenishment of high-usage and non-repairable parts of fleets.
  • Captures material consumption information in real-time.

Leverages ICT solutions

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IvyPanda. (2022, July 18). Emirates Airlines: Inventory Management for Competitive Advantage. https://ivypanda.com/essays/emirates-airlines-inventory-management-for-competitive-advantage/

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"Emirates Airlines: Inventory Management for Competitive Advantage." IvyPanda, 18 July 2022, ivypanda.com/essays/emirates-airlines-inventory-management-for-competitive-advantage/.

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IvyPanda. (2022) 'Emirates Airlines: Inventory Management for Competitive Advantage'. 18 July.

References

IvyPanda. 2022. "Emirates Airlines: Inventory Management for Competitive Advantage." July 18, 2022. https://ivypanda.com/essays/emirates-airlines-inventory-management-for-competitive-advantage/.

1. IvyPanda. "Emirates Airlines: Inventory Management for Competitive Advantage." July 18, 2022. https://ivypanda.com/essays/emirates-airlines-inventory-management-for-competitive-advantage/.


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IvyPanda. "Emirates Airlines: Inventory Management for Competitive Advantage." July 18, 2022. https://ivypanda.com/essays/emirates-airlines-inventory-management-for-competitive-advantage/.

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