Retail Manager - Buyer
Voted a FORTUNE “100 Best Companies to Work For” several years in a row, CarMax is a unique automotive retailing company that has revolutionized the way consumers buy cars. We offer a relaxed, no-haggle car buying experience, exceptional customer service, and a vast amount of inventory available at each location and online at carmax.com. We are a Fortune 500 retailer with stores across the U.S. CarMax is publicly traded on the NYSE (ticker: KMX).
As part of our CarMax store Purchasing Team, a Buyer in Training (BIT) is responsible for conducting vehicle appraisals, coordinating on-site auctions, and attending various regional auctions. Our unique retail environment allows BITs to train on a rotating weekly 40 hour schedule. BITs will spend 8 to12 months learning the dynamics of the used car wholesale industry using various resources to determine the price that CarMax should pay for a used vehicle. BITs track their purchases through the quality inspection and reconditioning process and set pricing based on sales data and competitive analysis. This position provides a unique mix of analytical and physical challenges due to the fast-paced nature of the business, and approximately 50% of a buyer’s time is spent outdoors in a “hands-on” environment. The average CarMax Buyer will be responsible for purchasing approximately $8-$10 Million worth of vehicles annually!
What we offer:
- Product & Industry knowledge. (Skill based, classroom, and workbook technical training)
- Hands on training with a mentor. No previous automotive experience required.
- Exceptional career path. All Purchasing associates begin in the BIT position, therefore we promote from within exclusively for each level of the career path.
- Fast paced environment with limited time behind a desk. Our Purchasing team spends more than 50% of their time outdoors managing our inventory
Career Path for this position is as follows:
Buyer in Training—-Buyer ——Senior Buyer—-Purchasing Manager——Regional Vice President
The ideal background includes 3+ years of retail management, hotel/restaurant management, or outside/territory sales experience. An ownership mentality, competitive spirit, high energy and attention to detail are a must to be successful in this position. The position also requires strong leadership, analytical and customer service skills. Bachelors Degree and the ability to relocate is strongly preferred; Ability to work a rotating retail schedule, including nights and weekends, is required. Additionally, some overnight travel may be required.
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