Strategic reconditioning workflow tools and time to line (T2L) disciplines make modern velocity-based inventory management most effective for a dealership.
T2L increases turn, streamlines processes, and structures and organizes the many steps required to move vehicles from acquisition to the sales line more quickly. The ideal is three to five days.
Two additional turns on 100 cars x $1,500 gross equals $300,000 a year or $25,000 a month – a remarkable R.O.I. for a monthly T2L software investment of $500.
Where else can you find a $50 return for $1 spent that is verifiable?
Here is how a T2L workflow culture completes velocity and benefits your used car operation:
T2L increases turn, streamlines processes, and structures and organizes the many steps required to move vehicles from acquisition to the sales line more quickly. The ideal is three to five days.
Two additional turns on 100 cars x $1,500 gross equals $300,000 a year or $25,000 a month – a remarkable R.O.I. for a monthly T2L software investment of $500.
Where else can you find a $50 return for $1 spent that is verifiable?
Here is how a T2L workflow culture completes velocity and benefits your used car operation:
- It defines work to be done to achieve a specific outcome and brings clarity to processes and procedures – who is doing what, when, and in what time frame.
- It identifies critical steps in each aspect of your reconditioning and alerts you to where delays can be eliminated, so workflow speed can increase.
- It assigns people having the right skill sets to the correct task assignments to ensure workflow efficiency and quality.
- It builds rhythm-and-flow into the work – and confidence in those individuals challenged with delivering faster T2L.