Inventory is a Waste
When fixed and variable operations can’t agree about where internal work fits into the dealership’s priorities, or when there’s delay in recommending and authorizing used car repairs, things grind to a halt. When there is no focus on reconditioning efficiency, there can be only one outcome: Cars can’t be sold.
ReconVelocity Brings Automation And Optimization To The Reconditioning Process For Auto Dealers
The reconditioning process of vehicles for sale, historically a cumbersome, manual process lacking efficiency, automation and accuracy, offers dealers a significant opportunity to capture unrealized profit quickly and easily.
Manheim Selects Tony Markese as Vice President, Reconditioning
Markese’ move supports Manheim’s goal of growing its quality reconditioning operations to prepare for emerging growth in the digital and mobility sectors
T2L Motivates Used Car Profitability
While you may employ the best inventory management, selection and sourcing tools you can afford in your used car strategy, it is crucial to realize that their promises of profitability hinge first on the speed and efficiency of your reconditioning department.
iRecon Vendor Mobile Application Streamlines Used-Vehicle Reconditioning Process
Vendors can now manage work requests and dealer relationships right at their fingertips, and get inventory front-line ready faster.
Proactive Time-To-Line Makes Everyone’s Job Easier
The auto dealership reconditioning operation is, historically, a short-term reactive environment. Whether a phase of the work in progress is a tech performing repairs or a vendor detailing wheels — or any of the many recon tasks between — each is siloed from his or her teammates. They are focused on the vehicle in front of them.
How Reconditioning Software Reduces Your Time To Market
To make sure all of your vehicles are front-line ready as soon as possible, reconditioning software is an absolute must in this day and age.
How Does a T2L Profit Model Work?
Could the savings dealers are realizing year after year once they implement a time to line (T2L) profit model be too good to be true?
Gross is Hiding in Plain Sight
It is surprisingly easy for gross to be hiding in plain sight at any dealership, but a quick holding cost calculation can identify the magnitude of the profit not being realized compared to the direct benefits, which in turn makes a compelling case for proactive attention to your time to line.
Tools for Managing Your Financial Portfolio
How’s your financial portfolio performing these days? How would you know unless you have access to detailed reports illuminating for you each fund’s performance? Don’t you want to know how your investments are doing overall as well as compared to the market?
‘How-To’ Text for Transforming Recon into a Profit Center Will be Available from Rapid Recon at NADA 2019
Rapid Recon’s benchmarks and best practices help GMs, used car managers and service managers fine-tune their reconditioning methods and efficiency to achieve faster time to market that retains vehicle gross.
How Much Should You Invest in Your Time To Line?
How much money are you spending to manage your time to line (T2L) — the days it takes to get cars from acquisition through recon to sales-ready status?
