Industry News

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Winter Farm Shows Unveil Equipment Trends

North American agriculture is on a roll. And farm equipment makers are responding with a continuous stream of new equipment developments aimed at improving farm productivity, implement flexibility and precision technology. Evidence of the strong market trends the industry has experienced over the past 3 years could be seen at the two major winter farm equipment shows held in mid-February.
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To The Point: New Ideas from the Newly Merged

With the first-ever “Dealership Minds” edition on Birkey’s Farm Stores in February 2011, we set out to detail how each of the“cogs” in a benchmark-worthy dealership function together as one “machine.” What became the most talked-about project of the year created challenges for our editorial team when it came to this year’s encore performance.
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AE50 Awards Recognize Farm Machinery Innovation

The mantra "innovate or die"? applies to practically every industry. However, nowhere is it more fitting than in agriculture, where it has a double meaning. As the world's population increases and arable land is depleted, innovative equipment and farming techniques will not only keep the industry solvent and moving forward, it will also help keep the growing population fed.
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Planning for Profits

Dealership Training Part 2: Drive an Effective Process

Last month we emphasized that the pace of change in technology and business processes requires continuous upgrading of employee skills to remain competitive. This month, we expand on the topic of training and focus on how best to drive the effectiveness of your training process to maximize return on your investment (ROI).
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The Business of Selling

Dealers' Sales Philosophy

Last month we emphasized that the pace of change in technology and business processes requires continuous upgrading of employee skills to remain competitive. This month, we expand on the topic of training and focus on how best to drive the effectiveness of your training process to maximize return on your investment (ROI).
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Dealership Minds

Precision Equipment

When discussions started about Elder Implement being the subject of Farm Equipment’s 2012 “Dealership Minds” project, the dealer group was comprised of five John Deere locations scattered throughout eastern Iowa. It was a solid choice as a dynamic business with a story to tell about transforming itself into a major force among equipment dealerships in the Midwest.
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Dealership Minds

A Passion for Toys Brings Sales

While point-of-purchase items such as toys, tools and grease is part of Curt Moeller's department, he's given toy aisle responsibility to Betty Jo Kennedy, an employee at the Houghton location.
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Dealership Minds

Advice for the Merger Marriage

The first piece of advice for other CFOs when it comes to mergers, jokes Precision Equipment CFO and Vice President of Finance & Administration Dave Dahms, is don't miss the meeting where the assignment of "merger-integration manager" is doled out.
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