Product Coordinator
7 months ago
**Purpose**
**Key Areas of Accountability**
**Product and Services Data Accuracy**
- Maintains current and complete product knowledge and has ability to hold discourse on current and upcoming RM package products, as outlined in the 1-3 year product strategy
- Ensure systems and documents always reflect accurate product and supplier information
- Enter and maintain product and supplier information across systems and documents
- Regularly follow up with suppliers to ensure information is accurate
- Collaborate with team members in Revenue Maximization, Operations Planning, Marketing and Sales, to ensure balance in written product information (clarity, conciseness, consistency, tone of voice)
- Maintain an up-to-date inventory of all sales and marketing materials containing product information, and is active in the the creation of the Product and Pricing Catalogues
- Maintain reservations and sales support collateral and ensure messaging and package/product details are consistent and up to date
- Liaise with sales, operations, and reservations teams to identify gaps in support materials and develop solutions
- Analyze feedback from customers, suppliers and internal teams and suggest improvements to our guest facing documents
- Analyze guest feedback for opportunities to improve existing product and collateral
- Support Product Build in preparing systems and materials to support new product launch, product improvements and training
- Review internal feedback and resolve issues in a timely manner and/or coordinate with Operations Planning team members to resolution
- Overall high level of individual responsibility is required, ability to work independently.
- Necessitates a willingness to embrace challenge and change, and to work in a highly entrepreneurial way with the guidance of leadership.
- Assess and implements ways of improving product offerings for internal customers and external guests
**Product Pricing and Costing**
- Assist in the preparation of seasonal package pricings and distribution of taxes for Product, IT, & Marketing
- Supports the Product Build coordinators with the entry and maintenance of accurate cost and sell rates in internal systems; with scheduled bi-monthly reviews
- Reviews all contract details in coordination with the Procurement team, ensuring products and services are updated following internal policies and procedures.
- Coordinate with the Partnership Marketing team to support the production of sales support tools (tariff etc.)
**Inventory Management**
- Continuously review inventory levels of rail, hotel and land experience services to ensure availability for package sales.
- Effectively communicates inventory changes in allotment variations.
- Propose and implement solutions to improve demand growth.
- Liaise with team members in Reservations, Marketing and Revenue Maximization to inform growth trends and highlight potential opportunities.
- Accurately enters hotel and land experience block allotments as confirmed by suppliers’ pre-season, supporting initial system product load
- Monitors inventory allotments during season to validate ability to sell packages, making adjustments as necessary based on demand.
- Address demand-related issues in a timely and effective manner.
**Reservations System Application INVENTORY**:
- Participate as a department Power User
- Work closely with our IT team conducting testing of new features, system upgrades, version development and provide feedback
- Understand operational requirements of Product Build processes and works with the team to suggest development items which may reduce and /or simplify processes, resources, and workload
**Administration**
- Maintain and forward up-to-date information of department’s suppliers and policies to key internal stakeholders such as Vacation Consultants, Product Management, GEC etc.
- Develop & maintain good supplier relationships, as required
- Mindset of continuous improvement for department processes and procedures, while maintaining consideration of the needs of other departments
- Perform other duties assigned by the leadership team within Revenue Maximization Create and participate in maintaining an up-to-date detailed training manual for inventory control processes
- Support Product team as latest information and rates are loaded into Kaptio
- Assist Product team with special projects, as required
- Immediate departmental assistance with time sensitive and priority projects in Revenue Maximization
**Qualifications**
**Education / Certifications / Knowledge**
- Minimum 2 years post-secondary education preferably in Statistics, Business Management or Travel/Tourism
- Experience in process review and implementation
- Experience and knowledge of travel reservations systems
- Extensive experience with yield management / managing inventory and producing detailed analysis / reports
**Skills & Abilities**
- Previous experience in Revenue Maximization is an asset
- Previous experience with CRM
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