Redwood Credit Union's Auto Services is seeking a detail-oriented and proactive Inventory Specialist to manage vehicle purchasing, inventory control, and marketing coordination. This role is essential to ensuring our dealership lot is stocked with high-quality, marketable vehicles and that inventory is accurately tracked and presented for sale.
Key Responsibilities
Administrative Functions/Purchasing
o Using various sources including rental car companies, wholesale brokers, auction,
trade-in and direct purchase, among others, determine automobiles that would sell well on our dealership lot.
o Establish and maintain a professional relationship with auction, wholesale, broker, rental car, and consignment partners.
o Analyze and track vehicles that would make sense for us to have an appropriate margin for sale.
o Research and analyze market trends to keep up with the ever-changing environment of the auto industry in order to insure we carry the right vehicles for sale on the lot at all times.
o Utilize the RCUAS purchasing guidelines to ensure purchase is within our pricing structure.
o Monitor the pricing structure to ensure pricing guidelines remain appropriate.
o Oversight of P&L as it relates to auto purchases and auto sales.
o Attend auctions to purchase vehicles as necessary to replenish the lot.
o Maintain and acquire relationships with auto mechanic shops and vendors to insure we have the best service available.
o Negotiate rates with mechanic shops and vendors to maximize our gross profits.
o Research, develop and implement new marketing strategies to maintain the vehicles "days in inventory" stays at a minimum.
Management of Inventory
o Enter vehicle data into DMS and coordinate purchase payments.
o Arrange transportation and inspect incoming vehicles for quality and accuracy.
o Manage vehicle reconditioning, detailing, and repairs with vendors.
o Maintain dealership lot presentation, ensuring vehicles are clean, fueled, and properly displayed.
o Update inventory status boards and digital systems.
o Assist Sales Advisors with post-sale vehicle issues.
o Re-price vehicles based on market changes and internal pricing policies.
Marketing of Inventory
o Upload and manage inventory on rcuauto.com and third-party automotive sites.
o Coordinate weekly "Hot on the Lot" promotions with the Marketing team.
o Maintain accurate and timely updates to all online listings.
o Take and upload vehicle photos, print buyer guides, and NMVTIS reports.
Join us and discover why you'll love working at Redwood Credit Union!
ABOUT REDWOOD CREDIT UNION (RCU):
At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.
As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
• 29th largest credit union in the U.S. and the largest financial institution based in the North Bay
• Awarded a 5-Star Rating based on 6/30/24 financial data by Bauer Financial
• Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2025"
• Recognized by Newsweek as one of "America's Best Credit Unions 2024"
• Recognized by Forbes as one of "America's Best Small Employers 2023"
• Voted Best Places to Work in the North Bay 20 years in a row
• World-class Employee Engagement scores
• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
• Industry leading Net Promoter Scores across the U.S.
Minimum Qualifications- Knowledge, Skills and Abilities