Inventory Manager

Industry:

Position Summary

Key Responsibilities

Equipment Procurement & Planning

• Develop and execute annual equipment purchase plans based on retail and rental market demand, utilization trends, and business strategy.
• Work with OEMs and suppliers to secure availability, pricing, lead times, and build configurations.
• Monitor fleet aging, hours, and condition to support timely replacement planning.
• Maintain accurate forecasts for new, used, rental, and customer‑owned equipment needs.

Fleet Inventory Management

• Oversee the accuracy of all equipment records, including serial numbers, hours, status, location, warranty, and financial data.
• Manage inbound/outbound equipment logistics, receiving, staging, and allocation to branches.
• Track the status of equipment across sales, rental, demo, and service lifecycle states.
• Ensure ERP system accuracy for fleet inventory and capital asset accounting.

Utilization, Availability & Optimization

• Monitor utilization rates and redeploy underutilized assets to maximize ROI.
• Analyze demand patterns to maintain the right mix of models, sizes, and specs.
• Support internal stakeholders (sales, rental, service) with fleet and attachment availability planning.
• Oversee fleet maintenance standards in collaboration with Product Support.

Financial Management

• Support fleet financial planning including capex budgeting, depreciation, and disposition strategy.
• Monitor inventory valuation and provide reporting on aging, turns, and capital exposure.
• Partner with finance on equipment costing, margin analysis, and audit compliance.
• Evaluate owning and operating cost trends to support business decisions.

Used Equipment & Disposition

• Manage used equipment evaluation, inspections, and reconditioning planning.
• Work with sales leaders to develop and execute resale strategies including wholesale, retail, auction, and trade-in channels.
• Track residual values and market pricing to optimize timing of disposals.

Collaboration & Leadership

• Work closely with sales, rental, service, finance, and branch operations to ensure accuracy and alignment.
• Communicate fleet availability, shortages, backlog, and capital planning updates.
• Provide guidance to inventory coordinators, logistics staff, or fleet analysts.

Qualifications

• 5–10+ years of experience in equipment inventory, fleet management, dealership operations, or asset management.
• Strong knowledge of heavy & aggregate equipment categories, specifications, and lifecycle economics.
• Experience with ERP systems, not required (e-Emphasys preferred).
• Financial acumen related to capex, depreciation, valuation, and utilization metrics.
• Strong organizational skills and attention to detail.
• Ability to collaborate across departments and manage multiple priorities.

Key Performance Indicators (KPIs)

• Fleet rental utilization rate
• Inventory accuracy (location, status, documentation)
• Equipment turns
• Equipment availability and deployment speed
• ROI on equipment investments
• Depreciation and O&O cost performance
• Turn time for used equipment disposition

Salary