Blog
What Inventory Mangaement Really Is
In automotive sales, inventory management can either increase revenue, sometimes up to 10 times as much, or cause a single lot to go out of business forever. After analyzing inventory data from a single location, a dealer principal can proceed to make decisions that will positively impact the location in ways undreamed of before. What is Inventory Management? Generally, inventory management is working to have the right amount of a product at the right time for those purchasing that product. The goal is to have a product available, in stock, when it has someone ready to purchase it, a buyer. While at the same time not having too many of a product available, collecting dust, taking up space,…
The Winds of Change
The winds of change are blowing like never before. I have been in this crazy business since 1970 and have seen a lot of different things over the years. Never before in our history has it been like it is now. I clearly remember Viet Nam protest marches, Oil…
To Buy or Not to Buy…That is the Question
We have all heard the cliche “if you can’t measure it you can’t manage it”. This saying has different meanings to different people but the bottom line is that in the absence of feedback, any behavior becomes acceptable. Measuring devices and…
Spinning your Wheels? Get Market Pulse NOW!
The team at Valuinsight is pleased to announce the release of Market Pulse the best internet pricing tool and activity tracker ever to come along. We are now offering Market Pulse as a stand alone tool available to everyone for a one time setup fee of $250.00 and a…