What are the responsibilities and job description for the Inventory Liquidation Manager position at Lonestar Electric Supply?
VETERANS ARE ENCOURAGED TO APPLY
Lonestar Electric Industrial Supply is seeking an Inventory Liquidation Manager to lead and execute strategies to recover value from excess, obsolete, and slow-moving inventory. This role is responsible for developing external sales channels, building relationships with secondary market buyers, and driving revenue through the liquidation of industrial electrical products. The Inventory Liquidation Manager will partner closely with purchasing, operations, and finance teams to ensure accurate inventory disposition while maximizing recovery and cash flow.
Responsibilities:
Develop and execute liquidation strategies for excess, obsolete, and customized inventory across industrial and electrical product lines.- Identify and build relationships with surplus buyers, industrial distributors, export partners, and secondary market wholesalers.
- Price, negotiate, and close bulk and individual sales transactions to maximize recovery value.
- Segment inventory to determine optimal recovery strategies, balancing speed of sale and margin outcomes.
- Build and maintain a pipeline of domestic and international buyers.
- Create value through bundling, kitting, and repackaging inventory to improve sell-through and recovery rates.
- Maintain market awareness of secondary channels, pricing trends, and demand for industrial electrical products.
- Track and report key performance metrics including recovery rates, gross profit, sell-through, and cycle time.
- Provide regular reporting to leadership on inventory recovery strategies, performance, and opportunities.
- Coordinate with warehouse, purchasing, and finance teams to ensure accurate inventory tracking and financial reconciliation.
- Oversee vendor return processes as needed, including RMA coordination, shipment tracking, and credit reconciliation.
- Ensure all liquidation activities are documented accurately within company systems.
- Identify opportunities to improve inventory disposition strategies and reduce excess or obsolete stock.
- Perform other duties as assigned by management.
Requirements:
Minimum 5 years of experience in surplus inventory sales, liquidation, asset recovery, or industrial equipment resale.- Strong familiarity with industrial electrical products including drives, automation components, and control systems.
- Established network of buyers in secondary markets, export channels, or industrial distribution.
- Proven ability to recover value from distressed or excess inventory.
- Strong negotiation, pricing, and deal-closing skills.
- Excellent communication and relationship-building abilities.
- Ability to operate independently and manage multiple opportunities simultaneously.
- Experience working with ERP systems such as Epicor, SAP, or similar platforms preferred.
Physical Requirements:
Must be able to remain in a stationary position 50% of the time.- Regularly operates a computer and other office productivity machinery such as a calculator, copy machine, and computer printer.
- Occasional travel may be required.
Benefits:
Medical, dental, life, and vision insurance- 401(k) Retirement Plan and Match
- Paid Time Off
- Specified Holiday Pay
Disclaimer:
This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.