Strengths and weaknesses of inventory management processes & Indian 2 Wheeler and Car Sales & Market...

“ What Gets Monitored Get Improved ” Satiate Knowledge Share Center Newsletter Date 8th October 2014 Strengths and Weaknesses of Inventory Management Processes Satiate Consulting Pvt Ltd., #155,3rd Cross,3rd Main,Minhaj Nagar JP Nagar Post,Bangalore-560078. Ph:+91 9900246597,+91 9980015212 www.satiateconsulting.com M uch like other areas of the dealership, inventory management has evolved over the years into something that must be man- aged much more precisely if a dealer hopes to be successful. Much of the failures dealerships experience (aged inventory or low grosses) stem from simply not having a plan in place to source, and sell one’s inventory .Having a plan in place gives a dealer at least a chance of success with their inventory. What kind of plan, however, will vary from dealer to dealer; what works for one might not work so well for another.

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Transcript of Strengths and weaknesses of inventory management processes & Indian 2 Wheeler and Car Sales & Market...

Page 1: Strengths and weaknesses of inventory management processes & Indian 2 Wheeler and Car Sales & Market Share September-14

“ What Gets Monitored Get Improved ”

Satiate Knowledge Share Center

Newsletter Date 8th October 2014

Strengths and Weaknesses of Inventory Management Processes

Satiate Consulting Pvt Ltd., #155,3rd Cross,3rd Main,Minhaj Nagar JP Nagar Post,Bangalore-560078. Ph:+91 9900246597,+91 9980015212

www.satiateconsulting.com

M uch like other areas of the dealership, inventory management has evolved over the years into something that must be man-

aged much more precisely if a dealer hopes to be successful. Much of the failures dealerships experience (aged inventory or low grosses) stem from simply not having a plan in place to source, and sell one’s inventory.Having a plan in place gives a dealer at least a chance of success with their inven-tory. What kind of plan, however, will vary from dealer to dealer; what works for one might not work so well for another.

http://www.autodealermonthly.com/79/4195/article/inventory-management-is-really-cash-management.aspx