Items Tagged with 'inventory'

ARTICLES

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Diversification & Expansion Help Fill Market Gaps

First Choice Farm & Lawn, co-owned and operated by brothers Ron and Don Parks, has grown from 1 store to 6 in the 10 years since they bought the dealership.
Upon graduating from the Univ. Tennessee at Martin in 2009, Ron Parks got a job working for Danny Montgomery, who owned a Kubota dealership in Union City, Tenn. Starting off in the parts department, Ron quickly worked his way up into a sales and management role.
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My Greatest Mistake: Keith Kreps

Executive Vice President, RDO Equipment, Fargo, N.D. (2010 Dealership of the Year)
“My biggest failure occurred in the lead-up to the used equipment market crash in November 2013. Our used inventory turns slowed going into the fall of 2012, which raised questions as we forecasted for 2013. Despite what the data showed, I dismissed it as a timing issue; not a big problem.
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Forecast & Trends

Dealers’ Sentiments, Outlook ‘Somewhat’ Improved

While farm equipment sales remain in the doldrums, U.S. and Canadian dealers’ sentiments about business conditions improved slightly according to the results of Ag Equipment Intelligence’s most recent Dealer Sentiments & Business Conditions Update survey. Here’s what dealers are reporting about current business conditions for ag machinery.


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Online Extras: January 2016 Issue

Web-exclusive content for this issue includes:

  • Leo Johnson discussing some of the mistakes that got him where he is today
  • Articles about dealerships finding success with shortline machinery

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Deere Comments on Leasing Trends

Leasing has been the hot topic in the ag equipment market in recent months. Some dealers have expressed concerns about the potential impact on used equipment values down the road when equipment comes off lease.
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