What are the responsibilities and job description for the Inventory Manager - Automotive Dealership position at Million Mile Motors?
An inventory manager at a dealership is responsible for overseeing the entire vehicle inventory, ensuring accurate tracking of all vehicles on the lot, managing stock levels, coordinating vehicle deliveries, and optimizing sales by strategically ordering new vehicles to meet market demand, all while maintaining proper documentation and utilizing dealership management systems to monitor inventory health. Key responsibilities of a dealership inventory manager:
- Vehicle tracking:Accurately recording and updating information on all vehicles on the lot, including condition, mileage, features, and sales status.
- Stock level management:Analyzing sales trends to determine optimal inventory levels for different vehicle models and trim levels, preventing overstocking or understocking.
- Vehicle ordering:Collaborating with the sales team and management to identify demand and place orders for new vehicles with manufacturers to maintain adequate inventory.
- Vehicle turn-around:Overseeing the process of receiving new vehicles, including inspection, reconditioning, and preparation for sale.
- Inventory reports:Generating detailed reports on inventory status, sales performance, and market trends to inform decision making.
- Pricing strategy:Working with the sales team to set competitive pricing for vehicles based on market conditions and inventory levels.
- Inventory management systems:Utilizing dealership software to manage inventory data, track vehicle movement, and generate reports.
- Vehicle transfers:Coordinating the transfer of vehicles between dealerships within the group to optimize stock levels.
- Compliance:Ensuring adherence to all dealership and manufacturer inventory policies and regulations.
Required skills for a dealership inventory manager:
- Automotive knowledge:Thorough understanding of vehicle features, options, and market trends.
- Data analysis:Ability to analyze sales data and inventory reports to make informed decisions.
- Communication skills:Effective communication with sales teams, management, and manufacturers to coordinate inventory needs.
- Software proficiency:Expertise in dealership management systems and inventory tracking software.
- Organizational skills:Ability to manage large volumes of data and maintain accurate inventory records.
Job Type: Full-time
Pay: $20.00 - $25.00 per hour
Expected hours: 55 per week
Schedule:
- Monday to Friday
- Weekends as needed
Work Location: In person
Salary : $20 - $25
