Inventory Manager - BMW of Monrovia

Sonic Automotive, Inc.; Monrovia (CA); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

HSA

401k

PTO

Award-winning training

In-house promotions

Job summary

BMW of Monrovia, part of the Sonic Automotive family, seeks an Inventory Manager to oversee used-vehicle inventory, staff, and profitability at the Monrovia dealership in California. The role focuses on maintaining stock, budgeting, and ensuring effective sales processes.

The position emphasizes strong leadership, compliance with regulations, and collaboration with the sales team to optimize performance and customer satisfaction. Competitive pay and benefits are highlighted in the posting.

Qualifications

• Must be able to read and comprehend instructions and information.
• Authorized to work in the USA.
• Must have a valid driver’s license and a good driving record.

Responsibilities

• Forecasts goals and objectives for sales, gross, and key expenses monthly and annually.
• Hires, motivates, counsels, and monitors the performance of all used-vehicle sales employees.
• Prepares and administers an annual operating forecast and budget for the used-vehicle sales department.
• Keeps abreast of federal, state, and local regulations that affect used-vehicle sales.
• Directs and schedules department employees to ensure proper staffing at all times.
• Establishes delivery procedures and ensures scheduling of the first service appointment.

Skills

Reading comprehension

Authorized to work in USA

Valid driver’s license

Education

High school diploma or equivalent

Job description

Inventory Manager - BMW of Monrovia in Monrovia, CA at Sonic Automotive

Location: 1425 Mountain Avenue
Monrovia, CA 91016

Job Type: Other

Experience: Associate

About

At BMW of Monrovia, a Sonic Automotive family dealership, you'll find the opportunities, resources, and support you need to grow and develop professionally. Our 100+ dealerships are concerned with more than moving inventory; they're committed to your success and invested in your future. So read on, and consider a rewarding career with Sonic Automotive, Inc.

Salary: Up to $60,000+ 70,000/ year (based on performance)

Benefits

• We boast the lowest turnover in the industry.
• We provide award winning training (Training Magazine Top 125, and Brandon Hall Awards).
• We are committed to developing and promoting within the company.
• Our benefits are extremely competitive with Medical, dental, vision, HSA, 401k and PTO.
• We encourage peer to peer teamwork and recognition.
• Special benefits to purchasing and leasing a car.
• Personal Automotive Concierge Service.

Job Description

Purpose:

Ensures customers retention and the profitability of this profit center by recruiting qualified sales personnel. Assumes responsibility for appraising, purchasing, reconditioning, displaying, and merchandising the used vehicle inventory.

Duties and Responsibilities

• Forecasts goals and objectives for sales, gross, and key expenses on a monthly and annual basis.
• Hires, motivates, counsels, and monitors the performance of all used-vehicle sales employees.
• Prepares and administers an annual operating forecast and budget for the used-vehicle sales department.
• Understands, keeps abreast of, and complies with federal, state, and local regulations that affect used-vehicle sales.
• Directs and schedules the activities of all department employees, ensuring proper staffing at all times.
• Assists individual salespeople in setting aggressive yet realistic monthly goals and objectives and provides them with the support to meet these goals.
• Ensures proper follow up of all potential buyers by developing, implementing, and monitoring a prospecting and sales control system.
• Develops, implements, and monitors a follow-up system for used-vehicle purchasers.
• Maintains vehicle inventory. Monitors customers' likes and dislikes, lost sales, and dealership sales history and conducts local market analyses to determine which vehicles to stock.
• Conducts daily and weekly sales and sales training meetings.
• Establishes and enforces product-knowledge standards.
• Oversees the efforts of used-vehicle salespeople to enhance the image and customer satisfaction ratings of the dealership.
• Communicates daily with the new-vehicle sales manager regarding units needed for used-vehicle inventory.
• Ensures that used-vehicle salespeople are informed of all new inventory and current advertising efforts, including special sales.
• Appraises all incoming used vehicles.
• Ensures that cosmetic and mechanical reconditioning is performed within the dealership's cost and time limitations.
• Plans and controls the display of used vehicles.
• Establishes and controls wholesaling activities.
• Establishes delivery procedures and ensures that delivery includes an introduction to the service department and scheduling of the first service appointment.
• Assists in the development of advertising campaigns and other promotions.
• Keeps abreast of auto auction activity and prices and attends auctions on a regular basis.
• Approves all paperwork from auctions and provides proper documentation to the office for purchases.
• Notifies the used vehicle department manager of anticipated delivery of purchases.

Qualifications

• High school diploma or the equivalent.
• Two years’ experience in automotive sales or sales management minimum.
• Ability to read and comprehend instructions and information.
• Valid driver’s license and a good driving record.
• All applicants must be authorized to work in the USA.
• All applicants must perform duties and responsibilities in a safe manner.
• All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, credit report, and valid driver license.

Pay Range: $60,000 - $70,000