In terms of supply management, what does full utilization of aircraft need to be supported by?

Full utilization of aircraft in supply management requires better forecasting because accurate forecasts allow companies to align their capacity with actual demand. When organizations have better insights into customer needs and market trends, they can optimize the scheduling and loading of aircraft, ensuring that each flight operates at or near maximum capacity. This not only improves efficiency but also reduces operational costs, as airlines can achieve economies of scale through higher usage rates of their aircraft.

Improved forecasting techniques can involve analyzing historical data, market conditions, and seasonal trends, leading to more effective planning and resource allocation. This forecast-driven approach helps ensure that the available aircraft are being used to their fullest potential, thus making logistics operations more streamlined and profitable. Other factors, such as shipment volume or the number and strategies of competing transport companies, are certainly important, but they rely heavily on the base foundation of accurate forecasting to be successfully managed.