Articles for Inventory Management Dealer Operations
Friday, November 09, 2012
Kelly Wadlinger dicusses how she deals with inventory management in the digital age. Kelly has interesting views on how to stay ahead of your competitors with bold moves and full capacity inventory.
Friday, July 06, 2012
Author Mike Johnson discusses how inventory management technology can help a dealership's used vehicle operation be more competitive. But will it mean the end of the used car manager?
Friday, September 09, 2011
Dealer Courtney Cole explains how having multiple niches within a used vehicle department can benefit dealers.
Monday, August 08, 2011
Scott Dreisbach discusses how technology can help dealers make better inventory management choices more accurately and faster than ever before.
Thursday, August 13, 2009
Harlene Doane - Technology is giving today’s buyer the same information dealers have, creating what some people say is an efficient market. This efficient market is causing dealers to change the way they inventory and market their used vehicles. For years, dealers have been working towards a 60-day turn policy, some even had a 30-day policy for used vehicles, but in today’s inventory market, those policies might be outdated ...
Monday, June 22, 2009
Every person in the car industry, at one time or another, has had the need to transport a vehicle from point A to point B. The scary fact facing many dealers is that they have absolutely no idea if their so-called reputable transport provider is
Thursday, June 18, 2009
Tom Herald - When it comes to the car business, 2009 is not much different than 1980. The details, circumstances and causes for the recession were different but the end effect on the car dealer was basically the same. Credit was very limited if not non-existent. Thirty years ago Chrysler, led by Lee Iacocca, was pleading in front of Congress for some sort of financial relief. Unemployment was ...
Thursday, February 26, 2009
Scott Dreisbach - I have seen many stores try to save (through expenses) themselves into a profit. This is a slippery slope and if expense restructuring isn’t thought through very carefully, many of the wrong things can be put on the chopping block. One of...
Friday, January 16, 2009
Mark O'Neil - Take a minute and think about the most successful retailers across the country, operators such as Wal-Mart, Home Depot or Best Buy. One thing they have in common is they don’t leave much to chance; they use technology and tools (not instinct and yellow pads) to help turn their inventory rapidly and boost profits.
Wednesday, October 08, 2008
Scott Dreisbach - Every single successful retailer of any product across this great country of ours has at least one thing in common. They all desire to gain market share on their competitor. They all want to sell more ...
Tuesday, July 29, 2008
Scott Dreisbach - The vehicle inventories you've invested in are no different than any other type of investment portfolio...
Tuesday, May 13, 2008
Harlene Doane - Many new vehicle dealers are now using this software, also known as inventory prediction programs, to ensure they are stocking the vehicles buyers want. In some cases, this has caused dealers to say no to a ...
Tuesday, November 27, 2007
Randy Barone - All too often, buyers get distracted by vehicles that they have a “gut feeling” will do well on your lot.
Thursday, September 07, 2006
Mark Rankin - Contemporary software provides a score on each vehicle, helping you make the best “buy or sell” decision.
Thursday, August 31, 2006
Bruce Thompson - Many dealers are holding back when it comes to investigating and installing the tools for enhancing operations and sales.
Thursday, August 31, 2006
Bruce Thompson - The appraiser. The decisions this individual makes can swing a dealership's sales 35 percent or more;...
Thursday, August 31, 2006
Bruce Thompson - Dealers have a renewed opportunity to generate activity with used vehicle inventory ....
Wednesday, August 30, 2006
Buying on the Internet is a cost-saving, efficient way to buy cars that have guarantees, and well-described condition reports.”
Wednesday, August 30, 2006
Randy Barone - Consider this: every few miles, in virtually any direction of a typical new franchise store, there is an independent used vehicle dealership that is selling wholesaled vehicles to customers “lost” by the new vehicle franchise. Basically, independent used vehicle dealerships exist because of ...
Wednesday, August 30, 2006
Randy Barone - Many dealers have wisely “revisited” the appraisal process at their locations and brought in automated systems.