Summary
We are searching for a highly motivated Revenue Management Section Manager in our team. You will be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets and inventory control measures. If youre ready to make an impact and help Scoot soar to new heights, wed love to have you onboard!
Job Description
Revenue Management Strategy
- Assess and segment demand based on market conditions to optimise capacity utilisation and revenue generation.
- Maximise revenue by managing inventory and seat availability across all routes and connecting itineraries originating from the assigned point of origin/commencement.
- Identify opportunities to stimulate incremental traffic and optimise load factors through demand forecasting and capacity adjustments.
- Monitor and analyse market trends, competitor performance, and booking patterns to inform revenue management strategies.
- Collaborate closely with revenue analysts, overseas managers, and market contacts to identify revenue opportunities and implement timely actions to maximise network performance.
- Monitor and validate the accuracy of demand forecasts and competitive data inputs to support optimal decision-making.
- Drive best practices in the utilisation of forecasting and competitive strategy tools, ensuring processes are standardised and consistently adhered to across the team.
Revenue Management Systems Maintenance
- Ensure the effective configuration, maintenance, and optimisation of revenue management systems, specifically focusing on competitive strategy and forecasting modules.
- Collaborate with system vendors and internal stakeholders to implement enhancements and resolve system-related issues to improve forecasting accuracy and competitive positioning.
- Regularly review system performance and outputs to ensure alignment with revenue management objectives and market dynamics.
Requirements
- Degree with a numerical discipline
- 6-8 years of experience in a similar role and 3-5 years experience leading a team would be an advantage
- Strong numerical and analytical skills with commercial acumen
- High level of accuracy and detail
- Strategic outlook and understanding
- Excellent communication skills and experience in working with people at all levels.
- Ability to maintain the overview and see the bigger picture
- Able to create and maintain strong internal and external networks
- Able to handle simultaneous projects and adapt to a fast-paced, changing environment
