Summary
Overview
Work History
Education
Skills
References
Timeline
Generic

Rachael Stein

Melbourne,VIC

Summary

An energetic and commercially astute innovation manager who specialises in commercialising new opportunities in corporate, innovation labs and start-up environments. A passion for technology that improves people's lives, along with a demonstrated track record of delivering exceptional business outcomes.

Overview

9
9
years of professional experience

Work History

Product Manager

OnePass
01.2023 - Current

Responsible for designing and developing a portfolio of new digital and omni-channel products across OnePass and Wesfarmer brands (Kmart, Target, Bunnings, Officeworks, Catch, Priceline).

  • Designed and implemented a new click-and-collect product for all Wesfarmers brands, aiming to reduce operating costs
  • This decreased overall operating (fulfilment) costs by ~7% in 6 months
  • Created a new extended returns policy product for all Wesfarmers brands to boost membership growth and member spending
  • This led to a 13% increase in spending by members who used this product
  • Identified and developed a fraud prevention solution for members who were misusing the free delivery product, thereby improving profitability of the product by 11% across all Wesfarmers brands
  • Ongoing management and negotiation across Wesfarmers brands encompassing management of go to market, compliance and legal teams
  • Strategy and roadmap planning across a portfolio of technical teams including data, mobile, and experiences.

Commercial Strategy Manager

7-Eleven
01.2020 - 09.2022

Responsible for sourcing, testing and implementing new opportunities for 7-Eleven to expand their commercial portfolio through building, partnering, or acquiring new ventures of significant commercial value.

  • Managed the innovation pipeline for new concept development and implemented a business validation framework, increasing new product speed to market by 65%
  • Designed an end-to-end customer experience, commercial, and operating model for unmanned stores, reducing the operating costs of a typical retail store by 33%
  • The process included pretotyping, piloting, business casing, and scaling phases of the project
  • Led the end-to-end design of the e-Commerce experience and operating model, which has now evolved into a commercial business unit for the company
  • This also included pretotyping, piloting, business casing, and scaling phases of the project
  • Continuously sourced an early-stage acquisitions pipeline for 7-Eleven
  • Including supporting the acquisition of an e-commerce middleware provider through the due diligence and early contractual phase
  • Ongoing sourcing, management and contractual negotiation with new partners and vendors.

Researcher

RMIT
07.2019 - 12.2019

Responsible for leading research across South East Asia on venture and private equity investments.

  • Dissertation: ‘Factors that influence successful technology investments in developing nations.'

Associate

Capital C Consulting
01.2018 - 08.2019

Responsible for supporting growth and market strategy projects for small-cap technology and telecommunication businesses in Australia.

  • Managed the delivery of a product growth strategy for a geospatial mapping firm, resulting in 11% organic growth over the first 18 months
  • This was accomplished through market, customer, and product positioning research
  • Conducted market research into the structure and competition of the communications industry to support the client's strategic growth plan
  • Developed models to support growth target planning.

Co-founder

FitJak
05.2015 - 11.2017

Responsible for developing a suite of digital marketing products and services for various fitness franchises.

  • Developed a set of digital services to help clients expand their businesses
  • These include performance marketing products, CRM management tools, and business intelligence reporting on franchise performance
  • Led negotiations with a Business Intelligence software company for a partnership
  • This increased clients' lifetime value by 38% and expanded the customer base into three new geographic territories
  • Managed a cross-functional team in sales, marketing, design, engineering, and operations using Agile delivery methods.

Education

Executive MBA (Honours) -

RMIT/ Esade (Vietnam, Australia, Spain)
01.2019

Bachelor of Arts Management (Honours) -

EDITH COWAN UNIVERSITY
11.2013

Skills

  • Commercial modelling
  • Value sizing
  • Design thinking
  • Business case writing
  • Contract negotiation
  • P&L management
  • Qualitative and qualitative research
  • Product development & management
  • Stakeholder management
  • Business process mapping
  • Agile/ waterfall project management
  • Product Roadmaps
  • A/B Testing

References

Available upon request.

Timeline

Product Manager

OnePass
01.2023 - Current

Commercial Strategy Manager

7-Eleven
01.2020 - 09.2022

Researcher

RMIT
07.2019 - 12.2019

Associate

Capital C Consulting
01.2018 - 08.2019

Co-founder

FitJak
05.2015 - 11.2017

Executive MBA (Honours) -

RMIT/ Esade (Vietnam, Australia, Spain)

Bachelor of Arts Management (Honours) -

EDITH COWAN UNIVERSITY
Rachael Stein