Revenue Management Analyst - Inventory
Job Summary
Reporting to the Manager, Revenue Management – Inventory Optimization.This position is responsible for managing Porter's seat inventory for an assigned set of routes within the Porter network, in order to maximize revenue using forecasting and optimization tools.
Duties & Responsibilities
Implement Porter’s seat inventory management strategy and tactics for assigned markets and align day to day inventory controls on the basis of the adopted strategy
Analyze passenger demand using the RMS and other tools in order to determine and implement optimal seat inventory allocation strategy
Independently perform analysis and suggest solutions to optimization problems leading to revenue generation
Perform reporting and detailed analysis of KPIs, track performance versus goals, find revenue opportunities to close revenue leakage holes
Identify yield maximization opportunities and recalibrate the RM System to achieve best possible results
Work seamlessly with the pricing team to monitor and analyze competitor fare initiatives and day-to-day pricing adjustments to ensure competitiveness
Liaise with internal group department to ensure support is provided when required on a timely manner
Liaise with internal commercial and operational stakeholders to ensure policy and required customer experiences are realized on a day-to-day basis
Ensure data and revenue integrity are paramount in all day-to-day processes, databases and dashboards
Ability to work remotely in an efficient environment
Active participation in Porter’s Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operation; understand comply and promote the Company Safety Policy
Ensure Company Values are engrained in day-to-day operations
Other duties as assigned
Behavioural Competencies
Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.
Teamwork: Working collaboratively with others to achieve organizational goals.
Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).
Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.
Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards.
Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
Qualifications
University degree with a focus in Business, Economics, Marketing, Finance, Network Planning, Strategic Planning, Operational Research, Mathematics or Engineering is required. MBA or M.Sc in the above fields is a plus
Previous airline revenue management experience is an asset
Experience/general knowledge of Revenue Management Systems, Network Planning, GDS, Interline Partnerships or Loyalty Analytics is desirable
Understanding of O&D based revenue management is an asset
Advanced proficiency in MS Office (focus on Excel) is required. Proficiency in VBA, SQL tools, PowerQuery and Tableau is an advantage
Strong quantitative and analytical skills
Strong organizational skills with demonstrated ability to meet deadlines in high pressure environment
Location
Toronto (250 Yonge Street)
Company Description
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and X.
Apply To This Job
Reporting to the Manager, Revenue Management – Inventory Optimization.This position is responsible for managing Porter's seat inventory for an assigned set of routes within the Porter network, in order to maximize revenue using forecasting and optimization tools.
Duties & Responsibilities
Implement Porter’s seat inventory management strategy and tactics for assigned markets and align day to day inventory controls on the basis of the adopted strategy
Analyze passenger demand using the RMS and other tools in order to determine and implement optimal seat inventory allocation strategy
Independently perform analysis and suggest solutions to optimization problems leading to revenue generation
Perform reporting and detailed analysis of KPIs, track performance versus goals, find revenue opportunities to close revenue leakage holes
Identify yield maximization opportunities and recalibrate the RM System to achieve best possible results
Work seamlessly with the pricing team to monitor and analyze competitor fare initiatives and day-to-day pricing adjustments to ensure competitiveness
Liaise with internal group department to ensure support is provided when required on a timely manner
Liaise with internal commercial and operational stakeholders to ensure policy and required customer experiences are realized on a day-to-day basis
Ensure data and revenue integrity are paramount in all day-to-day processes, databases and dashboards
Ability to work remotely in an efficient environment
Active participation in Porter’s Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operation; understand comply and promote the Company Safety Policy
Ensure Company Values are engrained in day-to-day operations
Other duties as assigned
Behavioural Competencies
Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.
Teamwork: Working collaboratively with others to achieve organizational goals.
Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).
Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.
Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards.
Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
Qualifications
University degree with a focus in Business, Economics, Marketing, Finance, Network Planning, Strategic Planning, Operational Research, Mathematics or Engineering is required. MBA or M.Sc in the above fields is a plus
Previous airline revenue management experience is an asset
Experience/general knowledge of Revenue Management Systems, Network Planning, GDS, Interline Partnerships or Loyalty Analytics is desirable
Understanding of O&D based revenue management is an asset
Advanced proficiency in MS Office (focus on Excel) is required. Proficiency in VBA, SQL tools, PowerQuery and Tableau is an advantage
Strong quantitative and analytical skills
Strong organizational skills with demonstrated ability to meet deadlines in high pressure environment
Location
Toronto (250 Yonge Street)
Company Description
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and X.
Apply To This Job