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About the Role
The Manager, Inventory Optimization is responsible for managing the day-to-day seat inventory strategy for assigned market regions to maximize revenue, reporting to the Director, Inventory Optimization.
Responsibilities
- Manage the planning and implementation of inventory strategies for dynamic and growing regions of the network to maximize revenue across the system
- Work closely with pricing, inventory optimization, revenue management systems, and other commercial functions such as planning and scheduling, sales and distribution
- Manage inventory controls for all Porter sales channels, including direct, GDS and corporate booking tools
- Evaluate the impact of competitors’ pricing and revenue management actions and implement appropriate responses
- 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 of the assigned regions
- Build and implement tools required to improve efficiency of the inventory management function
- Review and approve quotes for large and high value group bookings in line with expected demand to come and current fare environment
- Assist with implementation of inventory management-related system projects and upgrades
- Assist with the ongoing adaptation, refinement and active usage of the company’s revenue management system.
- Manage the adoption of new process and system enhancements from the company’s revenue management system
- Manage a team of Inventory analysts to achieve desired targets for markets within the assigned regions
- Remain current on leading approaches, practices and technologies in revenue management, and introducing those most relevant
- Actively engage in Porter's Safety Management System (SMS), including reporting hazards and incidents encountered in daily operations; understand, comply with, and promote the Company Safety Policy
Requirements
- A minimum of 2 years’ experience in a leadership role within an airline that is highly dependent on revenue management as a core competence
- Experience managing a team of direct reports
- In-depth knowledge in using industry standard revenue management systems
- Good knowledge of analysis and reporting tools as well as SQL
- Experience in the Canadian and U.S. cross-border airline markets and their associated revenue management dynamics
Skills
- Concern for Safety
- Teamwork
- Passenger/Customer Service
- Initiative
- Results Focus
- Fostering Communication
- Exemplifying Integrity
- Inspiring Others
- People Leadership
- Leading Change
Location
- Toronto Downtown Office
Work Type
- Hybrid
Experience Level
- 2 years leadership experience
Education Level
- Undergraduate degree in business, commerce, industrial engineering/optimization or information systems
- MBA ideally
About the Company
- 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.