Inventory Management Platform

The Inventory Management Platform by MAX Digital is a solution designed to streamline pre-owned retail operations for automotive dealerships. According to the vendor, this platform is suitable for dealerships of all sizes, from small independent dealerships to large automotive groups. Professionals in the automotive industry, including automotive sales managers, inventory managers, and pre-owned vehicle retailers, can benefit from the features offered by this platform.

Key Features

Acquire and Stock: According to the vendor, the Inventory Management Platform uses proprietary algorithms to identify vehicles with high potential for dealerships to add to their inventory. It also provides internal transfer and make-a-deal opportunities, facilitating stocking vehicles directly from the dashboard.

Instantly Appraise: The platform offers appraisals based on a comprehensive market dataset, according to the vendor. It provides fair-market values for each vehicle, considering factors such as year, make, model, trim, mileage, and condition. Real-time validation with ten pricing proof points is claimed to ensure accurate and reliable appraisals.

Validate Your Numbers: According to the vendor, dealerships can rely on real-time relevant vehicle valuation to validate pricing and appraisals. The platform offers ten pricing proof points, including third-party resources like KBB, NADA, and Edmunds, to avoid unnecessary discounting and provide accurate pricing information.

Deep Market Data Joined With Your Sales History: The Inventory Management Platform provides end-to-end visibility of the entire pre-owned operations process, according to the vendor. It helps dealerships stock, price, and appraise vehicles based on local market demand. Highly customizable attributes allow targeting specific vehicles likely to sell, ensuring precision in appraising and pricing across the inventory cycle.

Drive Full-Group Performance: According to the vendor, this platform enables performance intelligence within and across dealership locations. It aims to maximize efficiency and profitability across the dealership group, allowing for the management and transfer of inventory at the group level. A common workflow for inventory management across multiple locations is claimed to ensure consistency and effectiveness.

Driving Gross + Volume: The platform aims to help dealerships stock the right vehicles and price them for profitable sales, according to the vendor. Accurate market data is said to ensure strong initial planning, and simple workflows and clear aging alerts facilitate timely adjustments. Ten pricing proof points, including KBB, NADA, and Edmunds, are claimed to support pricing decisions for optimal profit and volume.