Full-Time

Inventory Management Manager

Posted on 2/3/2025

Openlane

Openlane

51-200 employees

Online marketplace for wholesale vehicle transactions

Automotive & Transportation

Mid, Senior

Carmel, IN, USA

Category
Inventory Management
Operations & Logistics
Required Skills
Inventory Management

You match the following Openlane's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's Degree in Business, Operations, or Finance preferred
  • Four (4) or more years of experience in automotive, financial services or related industry required
  • Two (2) years of prior leadership experience is required
  • Basic understanding of financial statements
  • Computer skills, CRM familiarity and standard office equipment knowledge required
  • Motor vehicle operator (required)
Responsibilities
  • Use leadership and management skills to develop and train members of the Corporate Inventory Management team
  • Execute the company vision to effectively oversee the Dealer Inventory Audit process
  • Develop a thorough understanding of AFC policies and procedures relative to the Dealer Floorplan Inventory Audit process
  • Effectively utilize and train your team to review AFC dealer reporting tools during the inventory audit reconciliation process
  • Coordinate inventory audits scheduling based on AFC strategy and goals with respective sub-contractors
  • Drive process improvement and best practices relating to the AFC inventory audit processes and policy
  • Work across major functional areas such as Collections, Credit, Training and other company teams
  • Serve as the primary team liaison for corporate departments
  • Use spreadsheets and other automated or manual processes to prepare required documentation and reports
  • Travel and other duties as needed and/or assigned
Desired Qualifications
  • Bachelor's Degree in Business, Operations, or Finance preferred

Openlane operates an online marketplace specifically designed for car dealers in the wholesale automotive market. The platform allows dealers to buy and sell vehicles in bulk, providing access to a wide inventory that includes dealer trades, commercial vehicles, and off-lease exclusives. Openlane simplifies the buying process by offering detailed vehicle reports, which help dealers understand the condition and history of the vehicles they are considering, thus minimizing risk and uncertainty. Unlike many competitors, Openlane focuses on transparency and ease of use, ensuring that dealers can make informed decisions. The company's goal is to enhance the efficiency and profitability of car dealers by providing a comprehensive and user-friendly platform for vehicle transactions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Redwood City, California

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven tools like Code Boost IQ improve vehicle assessment accuracy and speed.
  • Migration to AWS cloud services enhances scalability and operational efficiency.
  • Recent investments indicate strong market confidence in Openlane's growth potential.

What critics are saying

  • Competition from other online marketplaces could erode Openlane's market share.
  • Reliance on AWS cloud services poses risks of outages or security breaches.
  • Shift towards electric vehicles may challenge Openlane's current inventory offerings.

What makes Openlane unique

  • Openlane offers a comprehensive online marketplace for wholesale automotive transactions.
  • Code Boost IQ enhances vehicle inspections with AI-driven OBD2 intelligence.
  • Automated Absolute Sale tool streamlines pricing and sales for US dealers.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Mental Health Support

Tuition Reimbursement

Professional Development Budget