Applewood Auto Group is seeking a highly detail-oriented and experienced
Inventory Manager
to oversee and manage the entire vehicle inventory lifecycle across our dealerships. This crucial role ensures we have the right mix of new and pre-owned vehicles at the right time, optimizing turnover, profitability, and customer satisfaction.
Key Responsibilities
Acquisition and Procurement:
o Monitor market trends and sales data to determine optimal inventory levels and model mix for both new and used vehicles.
o Source and purchase used vehicles through auctions, trade-ins, and other channels, negotiating favorable prices and terms.
o Manage new vehicle allocations and ordering with manufacturer representatives.
Inventory Control and Valuation:
o Establish and maintain accurate cost of goods sold (COGS) and pricing strategies across the inventory.
o Conduct regular physical and system audits to ensure the accuracy of vehicle records, including location, condition, and documentation.
o Oversee the reconditioning process for used vehicles, ensuring vehicles are promptly and cost-effectively prepared for sale while managing vendors (e.g., detailers, service technicians).
Pricing and Marketing Support:
o Work closely with the Sales and Internet Managers to set competitive, market-driven pricing that maximizes gross profit and turnover.
o Ensure all vehicle information, photos, and descriptions are accurately uploaded to the dealer management system (DMS) and online platforms in a timely manner.
Performance Analysis:
o Analyze Key Performance Indicators (KPIs) such as Days Supply of Inventory (DSI), turn rates, and gross profit per unit (GPU) to identify slow-moving stock and make data-driven adjustments to inventory strategies.
o Prepare and present regular inventory performance reports to senior management.
Qualifications and Skills ?
Proven experience (3+ years preferred) as an Inventory Manager, Used Car Manager, or similar role in the automotive industry.
Deep understanding of vehicle appraisal, valuation tools (e.g., VMR, Black Book), and auction platforms.
Proficiency with Dealer Management Systems (DMS) (e.g., CDK, Dealertrack) and inventory management software.
Exceptional analytical skills with the ability to interpret complex data and market trends.
Strong negotiation, organizational, and time management abilities
Why Join Applewood?
Competitive salary and performance bonuses.
Opportunity to directly impact the financial health and success of the entire dealer group.
Comprehensive benefits package and a collaborative, supportive work environment.
Our core values:
Best-in-Class Experience
: We are committed to delivering a Best-in-Class experience to every team member and client that walks through our doors.
Find a Way to Say Yes
: We take full ownership, embracing the responsibility to "Make Things Better."
Team Beats with One Heart
: We are a close-knit group of professionals working towards the same goal of driving excellence in everything we do.
Go to our website to see more about our company and the many reasons why you will want to work for us!
We thank all applicants in advance, but only those selected for an interview will be contacted. Thank you for your interest!
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