In 2010, Japan Airlines was in dire financial trouble. Filing for bankruptcy in January of that year with more than $25 billion in debt, Japan Airlines (JAL) had to be bailed out by the government. It was viewed as one ofJapan’s largest corporate failures.
Chief executive Kazuo Inamori, the founder of hi-tech giant Kyocera, was brought in by the government and tasked with cutting costs and boosting the efficiency and profitability of the once-great JAL. According to Inamori, “all the employees became united to reduce costs and increase profits.” Using business strategies, such as reducing unprofitable travel routes, Inamori was able to provide what appears to be a bright future for the airline. JAL recently posted an annual net profit of approximately $2.3 billion and has ordered 10 new Boeing Dreamliner aircraft.
Kazuo Inamori used his business knowledge to resurrect a failing airline. By reorganizing JAL’s travel routes, he was able to cut costs and achieve record profits. If your company needs help restructuring its delivery routes to increase efficiency and profitability, contact GbBIS. With over 20 years of experience providing geographic-based business information solutions, GbBIS can help your company restructure and organize your deliveries to create the quickest, safest, and most cost-effective routes. Using the most reliable traffic, geographic, and postal data, we can provide your company with the information it needs to make informed business decisions.
Along with helping you plan better delivery routes, GbBIS maintains an extensive library of data and browser-based tools to help businesses cut costs on their direct mail, and create well-organized sales and franchise territories.
Contact GbBIS today to find how our data and experience can help your company see increased efficiency and cut costs.