Supplier Optimization Manager
5 days ago
About Wego:
We're on a mission to help people discover the real value of travel — to inspire, to give more reasons, to make it easy — for you to travel. Our company was founded back in 2005, and since then, we've imagined and created some of the most well-loved products for travelers all around the world.
Today, Wego is the number 1 travel metasearch engine in the Middle East. There are millions of users on Wego every month — people who travel for adventure, for work, for family and for many other reasons. That's why we work tirelessly to make your experience of planning & booking flights, hotels and trips as seamless as possible.
Job Summary:
We are seeking a dynamic and analytical Supplier Optimization Manager to join our team. The successful candidate will play a crucial role in optimizing our supplier relationships, ensuring competitive pricing, and enhancing the overall quality of our hotel booking offerings. This position requires a strategic thinker with strong analytical skills, excellent negotiation abilities, and a deep understanding of the travel and hospitality industry.
Key Responsibilities:
- Data Analysis and Modeling:
Utilise statistical methods and analytical techniques to analyse large datasets related to hotel bookings, pricing trends, customer behavior, and market dynamics. Develop models to forecast demand, pricing fluctuations, and consumer preferences for different hotel properties. - Quantitative Content Optimization:
Design and implement algorithms to optimise hotel content across multiple platforms (e.g., OTAs, meta-search engines) to maximise visibility and booking conversions. Collaborate with cross-functional teams to improve data quality, content completeness, and accuracy for hotel listings. - Arbitrage Strategy Development:
Identify arbitrage opportunities in hotel pricing and availability across different booking platforms and geographical regions. Develop toolsets and strategies to capitalise on pricing differentials and market inefficiencies. - Performance Monitoring and Reporting:
Build monitoring and reporting solutions to track the performance of hotel content optimisation and arbitrage strategies. Generate regular reports and insights for stakeholders, highlighting key metrics, trends, and actionable recommendations. - Optimization Strategies:
Develop and implement strategies to optimize supplier performance and competitiveness. Collaborate with the pricing and revenue management teams to ensure competitive and profitable pricing. Work with data science and engineering teams to leverage technology for supplier optimization. - Cross-Functional Collaboration:
Work closely with Revenue Managers, Product Managers, Engineers, Commercial and Marketing teams to implement data-driven solutions that enhance the overall customer experience and revenue growth. Participate in cross-functional projects aimed at enhancing our hotel booking platform and services.
Qualifications:
- Bachelor's degree in Business, Hospitality, Tourism, or a related field; alternatively, Analytics or Data is also relevant. Master's degree preferred.
- Minimum of 3-5 years of experience in supplier management, procurement, or a related role within the travel or hospitality industry.
- Strong analytical skills and proficiency in data analysis tools and software like Tableau, Looker, Looker Studio or any other BI tool.
- Excellent negotiation and interpersonal skills.
- Ability to work independently and as part of a team in a fast-paced, dynamic environment.
- Strong problem-solving abilities and a strategic mindset.
- Willingness to travel as needed.
- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) or Google suite (Docs, Sheets, Slides).
Preferred Qualifications:
- Experience with supplier optimization in the travel or tech industry.
- Proficiency in SQL, Python or other analytical programming languages.
- Knowledge of hotel booking platforms and industry trends.
What We Offer:
- Competitive salary and benefits package.
- Opportunities for career growth and development.
- A dynamic and innovative work environment.
- The chance to be part of a leading company in the travel and hospitality industry.
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