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OAK BROOK, IL (January 30, 2012) – vAuto’s Provision inventory management system is now fully functional on leading mobile platforms, giving dealers instant, anywhere access to market intelligence and tools to drive efficient acquisitions of the “right” used vehicles at the “right” price for their dealerships.
The Provision system, which vAuto will feature at the upcoming National Automobile Dealers Association convention in Las Vegas, is now fully functional on Android- and Apple-powered smartphones and mobile devices.
“Provision’s mobile integration means dealers and their buyers have all the market data and information they need to efficiently acquire and merchandise the ‘right’ vehicles at their fingertips,” says vAuto president Keith Jezek. “In today’s marketplace, 24/7-anywhere-access to inventory management data, technology and tools is absolutely essential for success.”
As part of the mobile integration, Provision features geolocation technology to boost dealer efficiency at physical auctions. The technology recognizes auction locations and automatically serves up the vehicle buy lists and bidding recommendations dealers will need to work the lanes. “Our goal is to make sure dealers and their buyers hit the ground running, working faster and smarter as they evaluate and bid on vehicles,” Jezek says.
Launched last November, Provision provides industry-changing market intelligence to help dealers answer the three most critical used vehicle inventory decisions—“what vehicles to buy?” “what to pay?” and “where to find them?” With the mobile integration, dealers can now use Provision on their hand-held devices to:
· Access and manage vehicle buy lists, condition reports and bidding recommendations created in the Provision system, using these resources to evaluate and purchase the “right” vehicles at physical and online auctions;
· Monitor the performance of used vehicle inventories and make pricing and merchandising adjustments to maximize turn and gross profits;
· Expedite the transport and merchandising of acquired vehicles.
“Provision is designed to make sourcing and acquiring used vehicles less difficult and more efficient for dealers,” Jezek says. ”Provision’s mobile integration gives dealers greater ease and flexibility to keep pace with a fast-moving marketplace.”
vAuto provides innovative technology, tools and business intelligence to help dealers improve their used vehicle department sales and profits. vAuto’s Provision inventory management system simplifies the acquisition, pricing and merchandising of used vehicles for dealers based on real-time supply-and-demand data in their markets. vAuto’s RealDeal leverages dealer market intelligence to build transparency and profits in used vehicle sales processes. Today, more than 4,000 dealerships across the United States and Canada rely on vAuto’s used vehicle systems. Dale Pollak, vAuto’s founder, has written two automotive retail industry best-sellers, Velocity: From the Front Line to the Bottom Line and Velocity 2.0: Paint, Pixels & Profitability. Headquartered in the Chicago suburb of Oak Brook, IL, with a research and development center in Austin, TX, vAuto is a wholly owned subsidiary of AutoTrader.com. Additional information about vAuto is available at www.vauto.com.