inventory management

  1. hnenni

    Exterior vs. Interior Inventory Photos?

    Interior photos vs. exterior photos -- which are more important? I've noticed dealers seem to put a higher priority on exterior vehicle photos rather than interior photos. They're putting all of their exterior photos at the beginning of their scroller. I'm trying to understand why. I recently...
  2. Alice Coleman

    What's Your Inventory Strategy?

    Wondering about your inventory game plan. How do you approach choosing the right vehicles? Please share below.
  3. J

    Best Way to Remember Inventory

    Good morning everyone, One of the things I have struggled with the most in life is remembering things. I was wondering if anyone had ideas on how to remember dealer inventory easier. We currently have around 100 vehicles on the lot at all times usually.
  4. Jeff Kershner

    #RefreshFriday Managing through this TEMPORARY Inventory Crises | Steve Stauning

    Steve the Sh*t Sandwich Stauning joins is this week for RefreshFriday. We’re talking about what you SHOULD and SHOULD NOT cut to get through this temporary inventory crisis. @Steve Stauning also wants to discuss Carvana and Vroom at the auto auctions, along with a few other newsworthy items...
  5. Jeff Kershner

    Posting Inventory on your Dealers Facebook page - Q&A

    Not sure if I've been overlooking this, but today I took notice that facebook added a new tab to directly add a vehicle to your page and I guess this also gets listed on Marketplace. What I need to find out is, how to get the inventory that we already have on Marketplace through CarNow attached...
  6. brianfinkelmeyer

    Promoted Article Three Keys to Managing Your New Car Inventory Through a Pandemic

    New Car Inventory Management fundamentally changed during the Spring of 2020 as the global pandemic hit and auto manufacturing stalled for nearly three months. Little did we know at the time that the industry would shift from a “PUSH” to “PULL” inventory system almost overnight. The move from...
  7. Retail My Ride

    A day in the life of Carvana.

    New disruptor world according to Carvana. They bought a 2014 RDX this morning via Manheim Simulcast w/ MMR $14,000 for $15,200. Their buddies at CarGurus say Retail IMV is $16,300. But, their private seller cash offer on CarGurus.com is $12,700-$13,500 from guess who? Their buddies at Carvana...
  8. Jim Leman

    Lotpop Invites Inventory Managers to How-To Workshop

    To celebrate five successful years serving the online and on-the-lot inventory management needs of franchised and independent auto retailers, Lotpop has announced its first annual Dealer Workshop, Oct. 16-17 at the Kansas City Auto Museum in Olathe, KS. Dealer Workshop by Lotpop will offer...
  9. Tyler Makin

    Deals4Dealers Save Thousands on Vehicle Tracking

    Can't find your inventory on the lot? Try LotPocket's new built-in vehicle location tracker and let your entire team find any vehicle in seconds. LotPocket now allows dealers to track locations right from the app. Just barcode-scan or type in the VIN or stock number for any vehicle to share the...
  10. ed.brooks

    You can optimize your listings on 3rd-party sites -- and should!

    I make the contention that the 3rd-party sites are the most important search engines for used car shopping. Here's how to optimize your listings. "Car Dealers; How to optimize your used car inventory for third-party sites"
  11. Cars.com PR

    PR & News Cars.com Releases "HOT CAR" Feature & Visual Badge

    Announcing 'Hot Car' Badges to Fuel Demand for Your Dealer's Inventory We (Cars.com) are excited to share that "Hot Car" badges have been added to our suite of price contextualization badging on Cars.com. With "Hot Car" badging, Cars.com is fueling demand for your inventory to help turn...
  12. AutoAng

    Deals4Dealers Not Valid

    Not Valid
  13. Cars.com PR

    PR & News Dealer Inspire Unveils New Voice Search Technology and Inventory Management System for Dealers

    NAPERVILLE, Ill. – March 21, 2018 – Dealer Inspire® (DI) is a technology company that has revolutionized the online car shopping experience through digital solutions that future-proof dealerships for changing consumer behaviors. At the 2018 National Automobile Dealers Association (NADA) Show...
  14. Jim Leman

    Why You Need Rapid Reconditioning

    Not to be simplistic, but you already know the answer to the question, “Why do I need rapid reconditioning?” You need it because time is money. If you can’t measure recon speed and maintain process accountability accurately, any cycle time your team offers is just a wild guess. In our...
  15. Jeff Kershner

    Inventory Management - What's your Favorite Feature?

    What Inventory Management application are you currently using and why, and what's your favorite feature(s)? If your CRM offers inventory management and you're using it, include it. Maybe the integration is your favorite feature. Some website providers offer inventory management (though...
  16. Jeff Kershner

    Kershner's back to the dealer diary

    It's been a bit over 10 years since I've been on ground level (day to day operations) at the dealership. Since then, was on the "corporate" level for one of the more larger groups in the US, director of marketing for a smaller group in my hometown, helped build and get AutoHook off the ground...
  17. LotPop

    What is your new car pricing strategy

    How do you price your new cars? Do you: 1. use your website to price them and have it calculate a dollar amount or percentage of MSRP or invoice (set it and forget it feed) 2. just price at MSRP 3. use a software product (like vAuto's Conquest) tool which gives you a deeper dive on market trends...