Auction Purchasing Specialist
Radius Recycling Industries, Inc. is looking for an Auction Purchasing Specialist to independently source, evaluate, and acquire vehicles through online auction platforms and approved purchasing channels. This role supports inventory availability, purchasing objectives, and profitability goals while serving as a developmental step toward the Car Buyer position.
About the Role
This position exercises discretion and independent judgment in evaluating vehicle opportunities, assessing market conditions, determining bidding strategies, and making vehicle acquisition decisions within established authority levels.
Responsibilities
- Source vehicles through online auction platforms and approved acquisition channels based on inventory needs and purchasing priorities.
- Review auction listings, vehicle condition reports, title information, transportation costs, and market indicators to assess acquisition suitability.
- Analyze vehicle condition reports, market demand, title status, transportation costs, and resale potential to determine acquisition value.
- Participate in auction activity by preparing bids, tracking live opportunities, and executing purchases within assigned parameters.
- Commit company funds through vehicle acquisition decisions that directly impact inventory levels and margins.
- Monitor vehicle availability, market movement, and inventory gaps to support timely acquisition planning.
- Document purchasing activity and maintain accurate records related to bids, purchases, and acquisition outcomes.
- Maintain productive working relationships with auction partners, transportation providers, and industry contacts.
- Serve as a primary point of contact for assigned operational online purchasing initiatives.
- Identify new online sourcing opportunities and resale channels to improve acquisition results.
- Ensure accuracy of vehicle purchase records, title documentation, and transaction files.
- Coordinate with Accounting, Operations, Transportation, and Purchasing teams regarding payments and vehicle movement.
- Review acquisition expenses and purchasing activity to ensure alignment with company objectives.
- Support inventory planning through strategic purchasing recommendations and execution.
- Make independent recommendations regarding which vehicles present acceptable acquisition value based on condition, demand, cost, and resale potential.
- Apply judgment when determining whether to pursue, pass on, or escalate vehicle acquisition opportunities.
- Establish bid limits and purchasing approaches within assigned authority levels and company guidelines.
- Commit company funds for approved vehicle purchases within established approval thresholds.
- Evaluate purchasing risk, including title concerns, transportation cost exposure, marketability, and margin potential.
- Collaborate with Regional Purchasing Managers and field-based Car Buyers to support inventory objectives.
- Partner with the Vehicle Title and Logistics teams to provide timely responses to inquiries regarding vehicle purchases, documentation status, and auction activity.
- Assist with special projects and purchasing initiatives as assigned.
- Follow all company policies, safety standards, and regulatory requirements.
- Ensure purchasing activities are conducted in compliance with company guidelines.
- Participate in proactive efforts to improve departmental processes and performance.
- Report unsafe conditions and activities to management.
- Support Internal Control processes, including compliance with defined internal controls and suggesting improvements.
- Communicate upward problems in operations, noncompliance with the code of conduct, or other policy violations or illegal actions.
Qualifications
- Associates Degree or equivalent experience in vehicle purchasing, automotive sales, auctions, inventory management, or a related field preferred.
- Strong knowledge of vehicle makes, models, conditions, and market values.
- Understanding of vehicle title processing and documentation requirements preferred.
- Proficiency with Microsoft Office and web-based auction platforms.
- Strong organizational and administrative skills.
- Excellent written and verbal communication skills.
- Strong attention to detail and accuracy.
- Ability to analyze information and make sound purchasing recommendations.
- Valid driver's license and the ability to legally operate a vehicle required.
Work Environment
This position is primarily office-based, with significant use of computer systems and web-based purchasing platforms. Occasional travel to company locations and industry events or training is required. Noise levels are moderate, consistent with typical office and auction environments, and the role may involve occasional exposure to outdoor weather conditions.
Physical Requirements
- Ability to sit for extended periods of time, up to 3-6+ hours per day.
- Mobility within an office and operational environments.
- Exert up to 10 pounds of force occasionally and/or minimal amounts frequently.
- Keyboard for several hours per day.
- Communicate by phone, in person, and in writing in a professional manner.
- Visual acuity to perform close detail work for operating a computer.
Benefits
- Medical, dental, and vision plans for you and your dependents.
- 401k with company match.
- Paid time off starting with your first check.
- Paid holidays.