inventory management

The Pacific Northwest and Western Canada experienced record-breaking heat waves in June, and they’re only going to continue as August approaches. Oregon reached an all-time high of 116 degrees Fahrenheit. Seattle also reported an all-time high of 108 degrees. This record breaking heat is especially problematic for car dealerships who invest in lots with over 1200 vehicles, all of which...

When a car remains stationary for days or weeks on end, the battery’s charge starts to diminish. When the battery is unable to provide the electrical power to start the vehicle, it either requires a jumpstart to recharge or is outright drained. When you’re the manager of a dealership lot (or multiple), maintaining the health of hundreds of batteries can...

It’s a familiar scenario. You’re going about your daily business when your bank’s floor plan associate walks through the floor. Your heart starts racing as you unnecessarily crunch numbers in your head, hoping all inventory is in place and accounted for. While a dealership audit is nerve-wracking, advanced technology has made it easier than ever to streamline audits and ensure...

Have you ever been shopping in a mall only to later receive an ad on Facebook for the exact store you entered? How about when you attend a public event and get a notification prompting you to download their featured app? If you answered yes to either of these – or simply have a smartphone – you likely have already...

Car theft is a significant issue reported by the FBI annually. Even though auto theft had reduced by 43 percent between the years of 1991 and 2019, auto theft cases reported in 2020 have risen, according to the Insurance Information Institute. In 2020, cases of auto theft in the US were up by 9.2 percent, from 721,885 to 873,080 vehicles....

Internet of Things (IoT) solutions have crept into just about every industry and corner of the world. Even the simplest of technologies, such as your vacuum, now have the capability to provide smartphone connectivity. But for the automotive industry, connected vehicle technology is driving a safer, more connected future while fueling a multi-billion-dollar movement.   Connected cars are a result of...

The process for buying a new car is almost unrecognizable to what it once was. Typically, when a prospective buyer began searching for a new vehicle they would head to the dealership – not the internet. While the rise of digitization has presented its challenges, it has also made dealers better positioned for success than ever before thanks to modern...

New auto dealerships are no strangers to the importance of customer experience, yet they are also the ones who have plenty of room for improvement. Between aggressive upselling tactics, confusing sales strategies, and inefficient test driving procedures, stepping foot on a dealership’s lot can be a pretty intimidating experience. Thankfully, advancements in technology, such as auto inventory software, is helping...

Advancements in technology are rapidly changing the ways businesses get work done. Today, it’s reported that over 90 percent of businesses utilize some form of business management system – and the growth isn’t slowing down anytime soon. The business management software market is now the largest in the world, expected to reach more than $80 billion in revenue by 2025....

According to the Federal Bureau of Investigation (FBI), car theft in the United States has been rising at a rate of 4 percent over the past decade. In 2019 alone, over 720,000 vehicles were stolen, and it’s reported that only about 40 percent of the cars stolen from dealerships are ever found and returned.  As vehicle technology advances, so are...