Key Responsibilities
· 3rd 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 3rd 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 3rd 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.
