How Data-Driven Insights Are Shaping Inventory Management in Auto Retail
AutoSuccessOnline
NOVEMBER 6, 2024
Effective inventory risk management is key for a dealership’s success in today’s digitally driven automotive world. A prevalent strategy among dealers is to utilize price markdowns, dealer trades and extended warranty offers to manage inventory carryover. Notably, 40% of dealers apply price markdowns on a weekly basis.
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