Hybrid Inventory Optimisation Analyst

at IAG Cargo

• Job title: Inventory Optimisation Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: No Education Requirement
• Tech skills: Lua
• Location requirements: Hybrid, London, United Kingdom

About the role

• Inventory Optimisation Analyst responsible for maximising IAG Cargo's revenue across flight departures. Collaborating with cross-functional teams and utilizing data analysis for optimization.

Responsibilities

• You will be accountable for the delivery of IAG Cargo’s revenue by maximising the contribution on each flight departure for a set of routes within IAG Cargo’s global Network portfolio.
• Determine and drive route strategies, from your own initiative and through working across various departments, to optimise contribution and achieve various commercial and route targets (including load factors).
• Regular and ad-hoc analysis exploiting revenue management systems and tools to optimise contribution and forecast performance.
• Implement strategies for your Route Group through the life cycle of definition, deployment, adjustments and delivery.
• Flight capacity management including market demand and yield forecasting, taking appropriate action to improve utilisation of available hold space with a high focus on IAGCs most valuable capacity.
• Monitor competitor activity and market share and ensure response to competition.
• Review and influence system generated outputs to optimise performance.
• Work with Sales and Revenue Management colleagues on appropriate pricing levels (tariff and ad hoc) to access capacity to deliver the best mix of product, origin, destination and customer on all routes to optimise IAG returns.
• Working closely with commercial functions (Sales, Marketing, Network etc.) to identify and drive new commercial initiatives.
• Understanding our unique operational constraints and customer expectations, adapting strategies to ensure we are work within them and balance objectives.
• Leads on Revenue Management projects, linked to Transformation or Continuous Improvement.
• Actively coach and support new team members to support their development and understanding of IAGC Cargo and Revenue Management.
• Actively seek continuous feedback and proactively engage in a Personal Development Plan, looking to grow your career withing IAGC.

Requirements

• Experience of working and excelling in Revenue Management
• Evidence of strong analytical capability
• Experience of leading continuous improvement and / or Transformational projects through to delivery and project closure.
• Developing and deploying commercial strategies with the ability to evidence how strategies have performed and been adapted.
• Proven experience of thinking outside of the box and developing creative solutions to complex problems.
• Beneficial – experience in using LUA language to write business rules.

Benefits

• A hybrid environment with 3 days a week in the office and two from home.
• From the day you join us, you’ll get access to brilliant staff travel benefits including unlimited basic and premium standby tickets on British Airways and group airlines.
• You’ll also receive up to 30 discounted ‘Hotline’ airfares per year for yourself, friends, and family.
• Flexible bank holiday policy- Individuals not on shift have the flexibility to swap the statutory public holidays, with the days you choose to take off instead.
• All our colleagues get access to LinkedIn learning and Rosetta Stone Language courses
• For health and wellbeing we offer a free onsite gym facility as well as access to the UNMIND app and a community of Mental Health First Aiders
• Access to discounts on Apple, Cinema tickets and loads of other goodies through Perks at work