Yield and Inventory Manager
Yield and Inventory Manager Location: Hemel Hempstead, Hertfordshire Salary: Competitive Hours of Work: hours per week About the company: Our client are a fast-growing holiday company with locations across the UK. As Yield and Inventory Manager you will be helping them to achieve their ambitious revenue, margin and guest targets by ensuring their inventory records are accurate and manage prices for the holidays they sell. They're not your average holiday company. Their guests come to their UK resorts to experience a world away from their day-to-day. When they are with them, they play crazy games, enjoy show-stopping entertainment and live in the moment. Their job is to surprise and delight them at every turn. They need you to be the person who delivers delight by ensuring that their sales teams have inventory and pricing information at their fingertips, so they can help guests book their perfect holiday, and maximise yield for the business. Yield and Inventory Manager Responsibilities: •Complete regular price review, consider competitor information, booking pace, occupancy levels to propose and implement appropriate actions to ensure volume sold, AWR & margin achieved is in line with budget requirements •Maintenance of pricing grid templates to ensure inventory is up to date and accurate •Develop methodology to identify optimum fleet mix to drive margin •Work closely with marketing to ensure all promotional activity is in line with performance requirements •Take responsibility for the channel management tool, to ensure optimised availability is given to 3rd parties •Manage 3rd party suppliers to maximise yield •Ensure budgeted channel mix is adhered to •Develop reports to provide greater insight into revenue and margin growth opportunities •Undertake regular updates to park GEMs, to ensure engagement with pricing strategy, share performance and determine actions for success •Present performance, opportunities and risks in weekly trading meeting. •Work with Head of Y&I and Finance on yearly budget process, feeding in detailed historical analysis to ensure accurate and realistic budget is achieved •Be involved in monthly forecasting process to ensure a high level of accuracy and that all margin opportunities are being taken •Work with Head of Y&I on developing the future of pricing capabily in the company Yield and Inventory Manager Requirements: •Degree or equivalent qualification in a numeric subject •Advanced level Excel and experience with MS Office applications in general •Experience working with reservation systems or a similar internal system - and able to demonstrate the ability to work accurately •Commercial acumen and numerical aptitude •Structured and logical reasoning powers •Clear and confident communication and presentation skills •Ability to build own reports within Power BI-Desirable •Advanced level Excel-Desirable •A good understanding of trends within the UK travel sector-Desirable Yield and Inventory Manager Benefits: •Health Cash Plan •Holiday Discount •On site Discounts •Bonus Scheme If you feel that you may be suitable for this Yield and Inventory Manager role then please apply now!