Tuesday, September 21, 2010

Inventory management

      Singh Autoworld uses software provided by cars.com to manage their inventory. The software registers all the vehicles by VIN number into the database and automatically updates it to the website. More cars are bought to refill inventory every Tuesday and Friday which are auction days. Based on the amount of cars bought last month as well as the demand for cars will determine how many cars are needed.  For example: 100 cars are sold 2 months ago and 125 cars are sold 1 month ago. The dealership will buy 150 cars the next month to replenish the amount sold as well to satisfy the 25% demand increase. The dealership can also choose to decrease their inventory according to sales and demand. Cars.com is continually updated and keeps track of every transaction and updated inventory. Singh Autoworld current inventory is 364 vehicles as can be seen here:

  http://www.cars.com/dealersites/192668/inv_used_display.html








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