In 2023, the Mexican aviation industry has seen significant growth, becoming the largest market in Latin America, surpassing Brazil. This growth has been driven by both domestic and international demand, resulting in a notable 16% increase in passenger numbers compared to pre-pandemic figures. Between January and June, the industry recorded a total of 58.15 million passengers. Mexico's three major airlines – Aeromexico, Viva Aerobus, and Volaris – have made great progress in recovering from the unprecedented challenges that the aviation sector faced during the COVID-19 pandemic. Despite this p...
By Lakshmi Chandra S, Manager, Learning & Development, IBS Software Diversity is critical to business performance The importance of workforce diversity can't be overstated. Women bring unique perspectives and approaches to critical thinking to the table, and research has found diverse workforces are also higher performing. At IBS Software, we have an almost 50/50 ratio of men to women and we thrive on this level of diversity. For women in professional roles - as well as those entering the workforce - it's imperative they receive support and guidance to further their careers. We need ...
Behind every successful organisation, is its diligent workforce! At IBS Software, we feel that our employees are the backbone and biggest assets to the company. We're very proud of our diverse workforce and the inclusive and supportive culture we have built, over the past 25 years. With around 4000 employees globally and 33 nationalities, operating from 60+ cities, our employee retention rate is well above the industry average. This retention rate is proof that our people see IBS Software as a place where they can enhance their skills and achieve their career aspirations. We have an encouragin...
Businesses are always on the lookout for ways to increase efficiency, reduce costs, and thereby enable and ensure operational safety. To aid this purpose, the industry is now embracing machine learning models, one of which is using artificial intelligence (AI) to improve upstream logistics. But will artificial intelligence really help organizations excel in their upstream logistics operations? Keep reading to find out. What is upstream logistics in supply chain? The upstream segment of the oil and gas industry contains exploration activities, which include creating geological surveys and...
By investing in the right strategies and cost reduction techniques in logistics, energy companies can easily save up to 40% of their oil and gas logistics costs. By choosing a logistics-as-a-service model, collaborating and sharing assets with other energy operators, and using a robust and efficient platform, companies can increase their bottom line and remain financially viable. Let us take a look at 7 strategies that will help with upstream logistics cost optimization in logistics. 7 cost effective logistics strategies for your organization Using a single integrated technology pl...