Business planning and modelling
Your company needs accurate forecasts to plan for the future and take appropriate actions, such as ordering of additional rolling stock or reducing costs. Rail forecasting models, whether short or long-term, must integrate the supply (e.g. train miles, seats, car park capacity) and the demand side of the business, to identify any key bottlenecks. Models should also be flexible enough to examine different scenarios and answer "what if" questions.
How we can help
Line by Line can create simple but flexible planning models which compare demand with supply and automatically change either. These models can then be used to test a large number of scenarios. We have already created or helped create several models for different companies in the rail sector, including:
- An income forecast model which allowed for the effect of capacity bottlenecks in car park and seat provision.
- Short term and longer term income models to assist in franchise bids and negotiations.
- Audits of franchise bid models and assumptions.
- A model to help plan rail services and station capacity for a major multi-centre public event.
