Inventory Manager/Buyer

Lamborghini Newport Beach
  • Irvine, California
    30+ days ago

    Job Description

    We are seeking a highly motivated and experienced individual to join our team as an Exotic Car Inventory Manager/Buyer for our prestigious car dealership. The ideal candidate will have a passion for luxury and exotic vehicles, extensive knowledge of the automotive industry, and a proven track record in sales and purchasing. As the Exotic Car Inventory Manager/Buyer, you will be responsible for managing our inventory, sourcing, and purchasing exotic cars, and providing exceptional customer service to our discerning clientele.

     

    Responsibilities:

     Inventory Management:

    • Oversee the management and organization of the dealership's exotic car inventory
    • Ensure the proper documentation and maintenance of vehicle records, including titles, registrations, and service history
    • Conduct regular inventory audits to track and update vehicle availability and pricing
    • Assure vehicles in inventory on front line are well organized, presented, managed, serviced
    • Manage age of inventory assuring the correct rotation in a timely manner(Inventory Health & Rotation)- Monitor "days in stock" with a hawk’s eye.
    • Responsible for ensuring the collection remains fresh and that capital is not tied up in stagnant units

     

    Vehicle Sourcing and Purchasing:

    • Identify and source high-quality exotic cars from various channels, including auctions, trade-ins, private sellers, and online platforms
    •  Evaluate and negotiate pricing, terms, and conditions with sellers to ensure optimal profitability and customer satisfaction
    •  Conduct thorough vehicle inspections, appraisals, and coordinate necessary repairs/reconditioning or modifications, if required, to meet dealership standards
    • Strategic Acquisition: Source premier inventory through private collections, high-end auctions, and trade-ins
    • Wholesale Network Management: Maintain a "black book" of industry contacts to facilitate dealer-to-dealer trades and off-market acquisitions

     

    Market Analysis and Pricing:

    • Stay up to date with current market trends, industry news, and competitor activities in the exotic car segment
    • Analyze market demand, pricing data, and customer preferences to determine the most competitive pricing strategies for our inventory
    •  Adjust pricing and negotiating deals to maximize profitability while remaining competitive within the market
    • Digital Merchandising: Collaborate with the marketing team to ensure professional-grade photography and compelling, technically accurate descriptions for digital storefronts.

     

    Administrative Tasks:

    • Prepare and review all necessary paperwork, contracts, and documentation related to vehicle purchases, sales, and trade-ins
    •  Coordinate with the finance and accounting departments to ensure accurate record-keeping and timely payment processing
    •  Generate reports on sales, inventory turnover, and other key performance indicators to assess dealership performance and identify areas for improvement

     

    Requirements:

    • Minimum of 10 years of experience in High End segment automotive sales, purchasing, or dealership management with a focus on exotic or luxury vehicles
    • Extensive knowledge of exotic car brands, models, features, and market values
    • Proven track record of successful sales and purchasing in the automotive industry
    • Excellent negotiation, communication, and interpersonal skills
    • Strong customer service orientation and the ability to build and maintain long-term customer relationships
    • Attention to detail and the ability to conduct thorough vehicle inspections
    •  Proficiency in using automotive industry tools and software for inventory management and pricing analysis
    • Experience DMS Inspection/approval systems such as Advanced Service
    • Google Sheets for Sale/Service Department tracking and status reports
    • Established company protocols such as Consignment and Purchase procedure for Smog, Safety or CPO/Selezione Inspection and reconditioning, reporting of CPO/Selezione registration
    • Experience with Inventory Management (Properly Stocking in Vehicles, Smog requirements for Stock and Consignment cars, has smog or CPO/Selezione certification expired)
    • Experience with CPO/Selezione program rules for Initial inspection, reconditioning, and reporting
    • Valid driver's license and a clean driving record
    • Valid California Sales license 

     

    Compensation and Benefits:

     

    • Health, Dental and Vision Insurance
    • Life Insurance
    • Paid Holidays
    • Flexible Spending Accounts
    • PTO and Sick Leave
    • 401-K (after 1 year)
    • Compensation: $78,000 Base Salary, plus Commission

     

    Schedule:

    • Full Time
    • Dealership Operating Hours: Monday through Friday, 8:00 AM to 5:00 PM and Saturday 10:00 AM to 5:00 PM.

     

    Work Location:

    • In Person

     

    If you are passionate about exotic cars, possess excellent sales and negotiation skills, and thrive in a fast-paced and customer-centric environment, we would love to hear from you. Join our team and be part of an exciting and rewarding career in the world of exotic cars.

     

    Numbers & Facts

    LocationIrvine, California
    Websitemclarennb.com

    Skills

    • Accountingunmatched
    • Acquisition Strategyunmatched
    • Administrative Skillsunmatched
    • Analysis Skillsunmatched
    • Auditingunmatched
    • Automotive Industryunmatched
    • Automotive Salesunmatched
    • Automotive Technologyunmatched
    • Communication Skillsunmatched
    • Competitive Analysis/Strategyunmatched
    • Competitive Researchunmatched
    • Customer Relationsunmatched
    • Customer Satisfactionunmatched
    • Customer Support/Serviceunmatched
    • Customer/Client Researchunmatched
    • Dental Insuranceunmatched
    • Detail Orientedunmatched
    • Documentationunmatched
    • Driver's Licenseunmatched
    • Financeunmatched
    • Insurance Salesunmatched
    • Interpersonal Skillsunmatched
    • Inventory Managementunmatched
    • Inventory Management Softwareunmatched
    • Market Analysisunmatched
    • Market Trend Analysisunmatched
    • Marketingunmatched
    • Merchandisingunmatched
    • Negotiation Skillsunmatched
    • Network Administration/Managementunmatched
    • Organizational Skillsunmatched
    • Payment Processingunmatched
    • Performance Analysisunmatched
    • Performance Metricsunmatched
    • Photographyunmatched
    • Pricingunmatched
    • Product Pricingunmatched
    • Profit & Lossunmatched
    • Purchasing/Procurementunmatched
    • Record Keepingunmatched
    • Reporting Skillsunmatched
    • Revenue Growthunmatched
    • Salesunmatched
    • Status Reportsunmatched
    • Time Managementunmatched
    • Vision Planunmatched
    • Wholesale Industryunmatched
    • eCommerce Salesunmatched

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