Manager Inventory📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Riyadh Air (RX), headquartered in Riyadh, is a new national airline focused on transforming the future of aviation and positioning Saudi Arabia as a global aviation and trade hub. Operating as a digitally native airline, Riyadh Air aims to connect the Kingdom to over 100 destinations.
As the Manager Inventory, you will play a key role in optimizing airline performance and driving commercial success. This position involves owning critical inventory decisions, accurately forecasting demand, and ensuring that inventory strategies maximize revenue per available seat kilometer (RASK), yield, and load factor. The role requires close collaboration with Pricing, Network Planning, Digital, and Sales teams to align inventory strategies with broader commercial objectives. You will lead and mentor a team, fostering analytical excellence and commercial acumen. The primary goal is to achieve passenger revenue targets for designated routes through effective demand forecasting, successful inventory strategy execution, and flight optimization. This involves proactively reviewing market behaviors and booking patterns, and applying appropriate demand influences to align with trading conditions.
Key Responsibilities
- Own inventory decisions to maximize revenue and load factor.
- Forecast demand with precision for designated routes.
- Collaborate with Pricing, Network Planning, Digital, and Sales teams to align inventory actions with commercial goals.
- Lead and inspire a team of inventory professionals, setting clear expectations and fostering analytical excellence and commercial acumen.
- Deliver passenger revenue budget for designated routes through managing demand forecast, execution of successful inventory strategies, and flight optimization.
- Conduct regular and detailed reviews of changes in market behaviors and booking patterns.
- Apply appropriate demand influences to ensure consistency with trading conditions.
Qualifications and Requirements
- Degree qualified.
- Minimum of 7 years of experience in Revenue Management.
- At least 3 years of experience in a managerial role.
- Demonstrated success in inventory optimization and revenue strategy within multiple airline environments.
Required Skills
- Revenue Management
- Forecasting
- Inventory Optimization
- Commercial Acumen
- Analytical Skills
- Proficiency in forecasting tools and inventory systems (*, PROS, Amadeus Altea, Sabre) is a plus.
- IATA certifications in Revenue Management and/or Pricing are highly desirable.
Work Environment and Details
This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of overall experience, with at least 3 years in a management capacity. Riyadh Air is committed to building a dynamic and forward-thinking team.
Requirements
- Requires 5-10 Years experience
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