New Posting - Porter Airlines Inc

Manager, Revenue Management - Inventory Optimization
Porter Airlines Inc. - Toronto, ON

FUNCTION: This position is responsible for managing the company's overall inventory strategy to maximize revenue. This position reports to the Director, Revenue Management and Alliances.  DUTIES AND RESPONSIBILITIES: Manage the planning and implementation of inventory strategies for a dynamic and growing network to maximize revenue across the system Oversee key aspects of the company’s overall Inventory Management function and work closely with peers in related functional areas Ensure strong coordination between pricing, inventory optimization, revenue management systems, and other commercial functions such as planning and scheduling, sales, e-commerce and distribution Manage inventory controls for all Porter sales channels, including Navitaire, ATPCO, GDS, and corporate booking tools Manage inventory for VIPorter, Porter Pass, Porter Escapes, groups, net fare agreements and non-revenue travel Evaluate the impact of competitors’ pricing and revenue management actions and implement appropriate responses Support the development and analysis of business/industry market forecasts and annual plans Monitor market performance to ensure that revenue objectives are achieved and implement appropriate revenue growth strategies to correct performance shortfalls. Perform analysis, report, and advise on detailed revenue matters across the network Implement inventory management-related system projects and upgrades Manage the ongoing adaptation, refinement and active usage of the company’s revenue management system. Ensure that Porter’s overall revenue management system grows and evolves with the increasing scale and complexity of the company’s network Maintain and evolve Porter’s training program for all revenue management team members on day to day management practices Manage the adoption of new process and system enhancements from the company’s revenue management system Motivate and provide strong leadership and mentoring to a team of highly skilled revenue management professionals, while developing high-potential individuals for succession or rotation to other areas of the department Oversee coordination of revenue maximizing programs across marketing, sales, planning, operations, finance and other company departments Remain current on leading approaches, practices and technologies in revenue management, and introducing those most relevant CORE COMPETENCIES: Blends a strong understanding of revenue management theories, including successful implementation of these theories. Previous experience in the successful evaluation, selection and implementation of a new/upgraded revenue management system in an airline A high degree of creativity, innovation and resourcefulness with the ability to identify and pursue unique growth opportunities QUALIFICATIONS: A minimum of 2 years’ experience in a leadership role within an airline that is highly dependent on revenue management as a core competence An undergraduate degree in business, commerce, industrial engineering/optimization or information systems, and ideally, an MBA Experience managing a team of direct reports Experience in an airline that is comparable in scale and complexity Ability to collaborate cross-functionally while driving forward a revenue management agenda Experience in the Canadian and U.S. cross-border airline markets and their associated revenue management dynamics would be an asset PERSONAL PROFILE: A high-integrity individual with strong analytical and process skills A strong strategic thinker with the ability to understand the overall Company strategy Confidence to drive the overall success of the team in the pursuit of business results, and builds equivalent commitment and accountability on the part of others The ability to challenge the thinking of others in a productive manner, to ensure a sound solution is reached A proven leader of people with very strong interpersonal, verbal and written communication skills An action and results-oriented individual who is highly motivated and can translate these qualities into energy and enthusiasm LOCATION:  Billy Bishop Toronto City Airport For further information, or to apply, please click here