Transcat is looking to manage a fleet of electronic equipment rental assets, investing in growth while managing profitability. The role aims to identify growth opportunities and divest from underperforming assets and categories.
Requirements
- Deep understanding of the financials of equipment rentals. This includes understanding measures of rental equipment profitability and understanding of life cycles of rental equipment.
- The ability to quickly learn several complex computer systems is crucial.
- Analytical skills. The ability to look at data and ask questions of it, and to make data-driven decisions.
- Knowledge of products carried is helpful.
- Experience in a related industry (e.g., test equipment, distribution, calibration)
- Experience with strategic sourcing
- 5+ years of successful experience in rental industry
Responsibilities
- Purchases rental assets and approves them for sale based on defined financial metrics like yield and utilization.
- Adjusts rental and sales prices based on demand and win rates.
- Maintains accurate and up-to date levels of spending on new assets, sales of prior assets and profitability of the relevant sections of the rental pool.
- Helps set equipment performance goals and metrics to make investment/divestment decisions across the rental pool.
- Trades equipment with resellers as appropriate, based on active opportunities or when a good deal is found.
- The ability to collect data from different systems and construct relevant analyses and takeaways.
- Attends relevant trade conferences to find and suggest new categories and models to invest in.
Other
- This is a full time on-site role at our Rochester location preferably, but could also be based out of our Vista, CA or Houston, TX labs as well.
- Travel could be up to 20%.
- Advises sales personnel on how to frame rental and sales opportunities for maximum success.
- Helps sales personnel with understanding of similar equipment to that requested based on what is in stock and currently available.
- Communicates and works closely with the Management Team.
