Articles Tagged with ''inventory''

Forecast & Trends

Are Dealers Turning to Auctions to Move Used Equipment?

Knowing that many farm equipment dealers have tried to avoid auction services in the past, but with the current heavy backlog of used machines on their lots, we asked them if they utilized a commercial auction service either public or online to reduce their inventory of used equipment during 2014?
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Top 2 Aspects in the Dealership to Watch

Kevin Godfrey, owner of Godfrey Bros., says that the two most important things to watch right now are inventory and finding good employees. There is a lot of money that can go into inventory and you have to be careful that your inventory doesn't end up costing you money, says Godfrey. As for finding the right employees, Godfrey says that it is important that you find employees who can keep up with the changing technology.
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DM
Dealership Minds

Organized Inventory Requires Communication & Documentation

Derek Gregorek doesn't have the typical story of how he got into the dealership business. He didn't grow up on a family farm, and he didn't spend his summers in high school sweeping up the shop of a local dealership. After about 10 years working in the insurance industry, he spent the next 3 or 4 years as Mr. Mom, as he puts it.
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