John Sternal's Blog – July 2024 Archive (4)
Why it’s important for auto retailers to understand their “carryover” rate when it comes to inventory risk management
Auto dealerships face a perpetual challenge: balancing inventory to meet customer demand without overstocking, which can lead to carryover inventory. Carryover inventory—vehicles that remain unsold for extended periods—ties up capital, incurs holding costs, and often requires discounting and markdowns to clear off the lot. This scenario impacts profitability and creates a cycle of reduced margins in today’s highly competitive…
ContinueAdded by John Sternal on July 29, 2024 at 12:04pm — No Comments
Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry
Atlanta, GA, July 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) announces a partnership with Botdoc to integrate Trust Stamp’s low-code Orchestration Platform within the Botdoc Connect product, providing robust Identity Verification and KYC. The integration includes document validation using the …
ContinueAdded by John Sternal on July 24, 2024 at 2:10pm — No Comments
Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry
The practice of markdowns has long been a…
ContinueAdded by John Sternal on July 22, 2024 at 11:19am — No Comments
BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS
BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS
Combined Solution Provides a Secure Way for Automotive Retailers to Transport Confidential Information with End-To-End Encryption
Monument, Co – July 16, 2024 - Botdoc, a pioneer in end-to-end encrypted communication, announced today it has partnered with KPA, a leader in…
ContinueAdded by John Sternal on July 16, 2024 at 9:34am — No Comments
Latest Blog Posts
- Cyber threats will persist until dealers prioritize secure digital transport of data
- Why it’s important for auto retailers to understand their “carryover” rate when it comes to inventory risk management
- Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry
- Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry
- BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS
- The Jury Is Out: How Many Dealers Are Utilizing AI?
- Too Many Dealers Today Are Stuck In The Pandemic – Why Inventory Management Is Ripe For A Shakeup
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- Why it’s important for auto retailers to understand their “carryover” rate when it comes to inventory risk management
- Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry
- PURECARS’ LAUREN DONALSON RECOGNIZED IN AUTOSUCCESS WOMEN AT THE WHEEL PROGRAM
- Equifax Appoints Lena Bourgeois as Automotive General Manager
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