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Inventory Specialist
3 months ago
Job Title:
- Inventory Specialist
Reports To:
- Assistant Manager, Demand Specialist
Role Purpose:
- Effectively deliver and implement MAB revenue strategies and be responsible in managing given route/market, utilizing fully all airline revenue management system to perform detailed analysis and implement strategies which are necessary in maximizing passenger network revenue.
Key Accountability:
- Deliver the passenger revenue budget for designated responsibilities through execution of successful strategies and contribute positively to RMD strategy formulation.
- Achieve all necessary KPIs through effective management of demand forecast, pricing benchmark and critical inventory management in accordance with market demand, and system recommendations.
- Ensure detailed analysis, continuous monitoring of change in market conditions/behaviour and provide accurate input to the Revenue Management System for generation of optimal output which will result in maximizing network revenue.
- Analyse historical performance and take corrective actions needed to ensure revenue maximization
- Work closely with the different units in Revenue Management & System team and other relevant departments to implement strategies for the network.
- Engage with Sales team be it domestically or international to identify and steer revenue opportunities
Qualifications & Working Experience:
- Degree Numerical disciplines (e.g Economics and/or Business degree) with 1 years of working experience.
Skills & Knowledge:
- Strong analytical skills, attention to detail and the ability to interpret large and complex volumes of data to identify trends and solutions
- Creative problem solving and commercial acumen
- Good communication and presentation skills
- Commercial aviation background and collaborative team player at peer level
Key Challenges:
- Ability to use complex Revenue Management optimization tools and other airline system.
- Responsible for delivery of significant revenue generation and meeting company target.
- Effective communication to share complex specialist knowledge, communicate strategies, route requirements and results.
