In the ever changing world of used equipment management, staying ahead of trends is crucial for success. Used equipment and remarketing managers face the ongoing challenge of ensuring their inventory aligns with shifting customer demands while maximizing profitability.
I have said the word never a lot in my life. Growing up, Grandpa would say “Never is a very long time,” and I would shrug it off. Back then, and now, when I say never, I mean it.
Last month, I talked about the used equipment manager and how the position is different from that of a remarketing manager. Both the remarketing manager and the used equipment manager share 85% of the same characteristics. The remaining 15% is where the most significant differences are.
Last month I wrote about the difference between a used equipment manager and remarketing manager. I am not sure I can do justice to both with just one article, so I will spend some time looking at what the used equipment manager does and what kind of person is needed.
In my opinion, there isn’t a better job in the ag equipment business than the used equipment guy. Used equipment is a commodity much like corn, soybeans, milk or cattle. Used equipment isn’t fluid or constant; it ebbs and flows with economic conditions of supply and demand.
Executive editor Kim Schmidt checking in from Farm Equipment headquarters with an update on 2025 Dealership Minds Summit set for July 29-30 in Iowa City.
The program is out. Check it out at DealershipMindsSummit.com.
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