Inventory & Pricing Analyst
About this role
About Us
Soum is on a mission to revolutionize e-commerce in the MENA region and beyond by building the most convenient and trustworthy re-commerce marketplace in the region. We're reshaping how C2C marketplaces operate, making buying and selling second-hand products seamless and reliable. Since our launch in July 2021, Soum has become one of the fastest-growing startups in the region, achieving rapid expansion in both our team and product offerings. In recognition of our impact and growth, we were proudly named one of the Top 10 LinkedIn Startups in Saudi Arabia for 2024.
About the Role:
The Pricing Analyst will own cars pricing and inventory analysis to support better commercial decisions at Soum.
You’ll analyze market trends, inventory performance, and pricing data to identify opportunities. This role is ideal for a data-driven individual who enjoys turning insights into actionable recommendations.
\nRole & Responsibilities:
Pricing & Inventory Analysis
- Monitor cars inventory, pricing, aging, and sales performance.
- Analyze demand, turnover, and inventory trends.
- Benchmark car prices against market and competitor prices.
- Identify over/underpriced cars and recommend pricing adjustments.
- Support pricing decisions based on market conditions, demand, inventory age, and car condition.
Reporting & Insights
- Build and maintain pricing and inventory reports and dashboards.
- Analyze historical sales and market data to identify trends and opportunities.
- Provide regular insights on inventory health and pricing performance.
Cross-Functional Collaboration
- Work closely with Supply, Sales, and Operations teams on pricing and inventory decisions.
- Support initiatives to improve sales, pricing accuracy, and inventory turnover.
- 1–3 years of experience in pricing, business analysis, commercial analytics, inventory analysis, or a related field.
- Experience working with large datasets and performance reporting.
- Experience in automotive, e-commerce, retail, or marketplace businesses is preferred.
- Strong analytical and problem-solving skills.
- Good understanding of pricing and data analysis.
- Strong attention to detail.
- Ability to analyze large datasets and turn them into clear insights.
- Good understanding of the automotive/used-car market is a plus.
- Strong Arabic and English communication skills.
Company at a glance
At Soum, we're on a mission to build a marketplace that enables users to buy and sell anything online with convenience, trust, and ease starting in the MENA market. We began with second-hand electronics in KSA, becoming market leaders, and are now expanding to used cars and collectibles. In just two years, we've facilitated hundreds of thousands of transactions across 150+ locations in the Kingdom, maintained 10,000 active listings at any given time, earned the distinction of being the 10th most downloaded e-commerce app in KSA for 2023, and received more than 5 million app downloads.
Our team, Soumers, have worked in over 14 countries from the US to South Korea. We are always on the look out for the best and brightest to join. We look beyond resumes and titles, we look for the innovators, the hungry, the go-getters. We offer them the autonomy to experiment, learn, fail, and grow.
Every transaction on Soum is guaranteed; we hold funds until the item is delivered and confirmed by the buyer, thanks to our proprietary fulfillment and payment systems. This ensures a secure and reliable marketplace experience.
Soum has pioneered a solution that have transformed digital commerce for sellers in the wider region:
Individuals: Enjoy unique home pick-up and delivery services, secure payments, and transaction guarantees for worry-free selling.
Small Businesses: Sell faster and reach a wider audience with our dedicated "Merchant App."
Teleco and retail partners: Gain optimal returns with bulk-selling options, comprehensive inspections, and efficient warehouse management.
We deploy AI models to power our marketplace with personalized recommendations, dynamic pricing, predictive analytics, and fraud detection, ensuring a smarter, safer, and more efficient platform for our users.
Soum is backed by local and regional investors including, amongst others, Jahez Group, Isometry Capital, and Al Rajhi Partners and have raised $22Mn to date.
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