Supply Optimization Executive

Job Description

Key Responsibilities 3 rd party Supply Management: Collaborate with the product, tech and operations teams to ensure superior supplier performance. Data Analysis : Utilize data-driven insights to identify trends, patterns, and opportunities for improvement in the performance of hotel suppliers. Analyze key performance indicators (KPIs) to measure and track supply performance. Oversee revenue management strategy for 3 rd party hotel supply with an objective to optimize margins through effective mark-up management without affecting booking conversion. Perform daily rate comparisons to understand pricing gaps Conduct daily analysis to identify performance gaps and avoid revenue loss PLB Management : Track performance of suppliers offering PLBs to ensure achievement of top slabs. Ensure any gaps to achievement are identified and actioned. On-boarding new suppliers : Collaborate with the product and tech teams to ensure new suppliers are made live seamlessly. Ensure ops and finance briefings are completed in a timely manner. Market Research : Stay up-to-date with industry trends, competitors offerings, and market dynamics to identify potential opportunities and challenges in the supply chain. Ensure all related systems and MIS required to deliver KPIs are included in the tech road maps . Provide detailed requirements for the same to product team. Conduct monthly and quarterly performance reviews with both suppliers and management and develop a strategic and tactical action plan. Conduct regular analysis of the current suppliers and identify gaps in supply. Also identify potential new suppliers to improve depth and breadth of 3 rd party supply. Analyze historical data and demand patterns to forecast future demand accurately. Supplier Relationship Management : Cultivate and maintain strong relationships with suppliers, negotiating contracts and terms to ensure competitive pricing and reliable service levels. Reporting : Prepare regular reports and presentations for management to communicate supply chain performance, challenges, and improvement initiatives.