Position Title
Senior Executive, Inventory Specialist
Report 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 Revenue Management Department (RMD) strategy formulation.
- Achieve all inventory KPIs through effective management of inventory settings in accordance with market demand, inventory strategy and system recommendations.
- Ensure accurate demand forecasts, data accuracy and revenue management system parameters for generation of optimal system inventory setting recommendations.
- Analyse historical performance and take corrective inventory actions 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.
- 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.
- Assist the team Assistant Manager and Managers in decision making and collaboration when involving inventory decisions.
Qualification & Areas of Experience
- A degree in a numerical discipline (e.g., Economics) or a Business degree, with 2 to 4 years of relevant experience in commercial and analytics.
- Experience in Airline Revenue Management, Pricing or Commercial is highly desirable.
Personality Traits
- Demonstrates a strong sense of accountability and ownership within the area of responsibility, with the ability to deliver accurate work in a fast-paced environment.
- Possesses strong analytical skills and keen attention to detail, with the capability to interpret large and complex data sets to identify trends, insights, and actionable solutions.
- Exhibits creative problem-solving skills and strong commercial acumen in driving effective business decisions.
- Displays an excellent understanding of Revenue Management and Pricing principles, methodologies, and best practices.
