Case Study

The Ongoing Technology Evolution of Dealership Inventory Management

The Ongoing Technology Evolution of Dealership Inventory Management

Pages 3 Pages

© 2017 Autosoft. All Rights Reserved. The Ongoing Technology Evolution of Dealership Inventory Management www.autosoftdms.com 1 The Ongoing Technology Evolution of Dealership Inventory Management For many years, inventory management was more of an art than a science, requiring insight, discipline, a sense of history, and a “gut feel” of the local market. While dealers were aided by a variety of proven strategies that worked well in their era, they were also thwarted by inaccurate and untimely data or the inability to match the most appropriate data to the situation in front of them. In addition, sometimes dealerships fell into the trap of thinking inventory management was mainly about pricing and marketing. That is not the case in today’s market environment however. Margin compr

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