 Tracking and managing your vehicle inventory using traditional methods is inefficient and costly. The MyDealerLot™ RFID vehicle tracking software suite has been designed from the ground up to provide you with a host of benefits from improved operations. With our solutions, you achieve an extremely rapid payback and get continued substantial bottom line benefits.
So why Real Time Location Tracking for vehicle management? Imagine working in an environment where you know where your inventory is every time and with complete vehicle configuration information. Having this data available within your enterprise and how you harness it for reporting can give you a great deal of benefits.
RTLS inventory data will transform the way you are managing inventory today and based on ROI, can actually be a revenue generator for you. In other words, the system essentially becomes no cost expenditure. At the end of the day, our solutions are about achieving greater efficiency, improved customer service, increased sales, and greater inventory security.
Whether using MyDealerLot RTLS Solutions or MyDealerLot Service Drive Concierge Solutions, your customers will see a difference which can translate to higher CSI scores and increased customer loyalty.
We understand that no matter the technology, it needs to be cost effective and provide a substantial value proposition.
Our solutions were built from the start to give you real-time location positioning plus many other benefits. In fact, real-time vehicle location tracking and service drive tracking is just the start of what we provide.
We can demonstrate key ROI models with your metrics based on reduced expenditures and additional sales gain using MyDealerLot™. Typically you can expect a complete payback within 6-8 months.
When calculating the ROI by using our vehicle inventory management solutions, you should consider the following key indicators:
- Amount of time spent on locating a vehicle for a prospect and the effect on customer service
- Total timeline from the start of the sales process to the end of the sales process and how this can be reduced
- Effects of increased customer loyalty from a more personal service experience
- Cost associated with missed process completions and incorrect measuring
- Time spent performing physical inventory and frequency limitations due to the required labor
- Ability to provide a deterrent to salesperson unauthorized use of vehicles
- Being able to respond quickly and accurately to a floor audit - planned or unplanned
- Issues and related costs associated with typical barcode labels and need to scan within inches
- Finding vehicles in the DMS and not on the physical lot
- Finding vehicles on the physical lot and not in the DMS system
- Vehicle theft / shrinkage / "borrowing" and your ability to control
- Having salesperson measurement data based on authorized test drives
- Tracking of special vehicles such as service vehicles, test drive vehicles, etc.
We can assist you in defining the ROI in order to cost justify the level of tracking MyDealerLot™ provides. Contact us today to find out how we can provide you with unprecedented inventory tracking and visibility.
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