Tracking a Weekly $10K Gain

Tracking a Weekly $10K Gain

Keeping track of your high-value, moving assets can be tedious, haphazard — and high risk to your efficiency and competitiveness. It need not be that way.

By Colin McElhatton

Ask anyone who has worked in retail automotive about missing keys and vehicles. Losing track of valuable assets plagues every department at every dealership they’ve worked for. 

However, when you can know in real time where assets are:

  • Service departments bill more hours
  • Vehicles get through reconditioning faster
  • Vehicle selection is sped up and
  • The customer experience is improved. 

The challenge is how mobile these assets are  — vehicles, employees and vendors move from place to place. To lose, misplace or simply not know where an asset is when needed wastes time, productivity, and sales and service opportunities.

Keeping track of your high-value, moving assets can be tedious, haphazard — and high risk to your efficiency and competitiveness. It need not be that way. Many dealers simplify the task when starting digital location service technologies to handle the job precisely and effortlessly, so valuable time isn’t spent tracking cars, people or vendors.

For example, Sunset Imports needed a solution for tracking vehicles and keys for their sales inventory. After realizing how much time they were wasting trying to locate a car or keys (or often both), they added tracking for their service and reconditioning departments. By automating asset tracking, they save an hour in the sales process and 1.5 hours per technician per day in billable hours service hours.

They report their weekly return on investment is more than $10,000 from service department savings alone since using the Mobile Dealer Data Locate device.

Rapid Recon Certified Partner Mobile Dealer Data (MDD) is an industry-first, real-time location service designed to solve this core problem for auto dealers. Every department benefits from knowing exactly where all vehicles and keys are located. 

Wireless technologies have improved, and their prices have come down. It’s time to eliminate the age-old issue of where the keys and the car are. Learn more at www.mdd.io or call 844-292-7110.

Colin McElhatton is the founder and owner of Mobile Dealer Data, a Certified Rapid Recon business partner. https://www.mdd.io/

You May Also Like

Why Dealers Switch From DOWCs to ARCs

By now, most dealers are familiar with the “dealer-owned warranty company” or “DOWC” concept and, more likely than not, have reviewed a presentation touting the benefits of this structure. Providers promoting this structure often highlight certain benefits that are very enticing and alluring to dealers that are currently in reinsurance. However, providers regularly fail to

By now, most dealers are familiar with the “dealer-owned warranty company” or “DOWC” concept and, more likely than not, have reviewed a presentation touting the benefits of this structure.

Providers promoting this structure often highlight certain benefits that are very enticing and alluring to dealers that are currently in reinsurance. However, providers regularly fail to provide a comprehensive view of the structure, leading many dealers who elect to proceed with a DOWC to second-guess their decision shortly after making the move.

EV Trends from Black Book

Most OEMs have plans for EVs in the pipeline. It is vital to get your service, parts and sales staff trained and prepare your facilities to accommodate this inventory-type change.

Dry Ice Blasting – Save Time & Boost Car Values

Reconditioning cars to prepare them for the used car market is no easy task. The labor hours, harsh chemicals, awkward angles, and use of sharp blades, wire brushes, and rags really add up. What if there was a way to recondition a car – inside and out – in a fraction of the time without

Safety Recalls: Boost Revenue, Now!

Learn how recall verification and monitoring data science from AutoAp integrated with reconditioning identifies and catches all open recalls and often reports them before OEMs notify their dealers

Breaking Down Cybercrime in Automotive

Your dealership is a treasure trove of data. Think about it… names, phone numbers, addresses, work details, salary, and social security numbers for hundreds, if not thousands, of consumers. Financial details about their vehicle purchases. Credit card information from service. The list goes on and on. All of this data makes dealerships a prime target

Other Posts

Rapid Recon, Velocity Automotive Close the Trade Appraisal Gap

Appraisers at dealerships using the recon software and VINSight now have quantifiable data to make more informed trade offers.

Used Car Sourcing and Predictable Appraisal Accuracy

Trade-ins remain essential, so when their owners walk through the door, give them the fairest offer you can — and be sure the spread you need isn’t diluted by appraisal oversights.

Used Car Sourcing and Predictable Appraisal Accuracy
New Book from Rapid Recon’s McGinn Charts Course for Easing GMs’ Burden

In this new book, McGinn shows how technologies that deliver predictability and accountability relieve much of a GM’s day-to-day stresses.

The latest book from Rapid Recon founder Dennis McGinn, “ASPIRE to Predictable,”
Velocity Automotive Integrates Digital Vehicle Portfolios into Rapid Recon Services

Velocity Automotive Engage Digital Vehicle Portfolios are a powerful online shopper engagement tool that brings leads and buyers into the dealership.