The Autorola Solutions team has had a record year with more companies than ever before engaging it to review and modernise its vehicle asset management processes.
As used cars have become more important to OEMs and their dealers as new car production remains compromised by the global semiconductor shortage, so they are getting more attention and investment from company boards and shareholders.<\/p>\n\n\n\n
This includes dealers investing more time and energy in digitising their business and the overall customer journey when sourcing and buying used cars online. Speeding up the process of pricing a driver\u2019s trade-in is just one part of this process. Once a trade-in arrives with a dealer it is refurbished and for sale in their online marketplace as soon as possible. In the current market time is money and selling more used cars more quickly helps make up for dealers having a restricted number of new cars to sell.
In other cases, dealer groups reach out to simply want to digitise their paper processes. As a value-add Autorola Solutions uses the opportunity to review and re-design those processes to help the company become paperless, while optimising efficiencies as well.<\/p>\n\n\n\n
Data security, transparency and accuracy are all key priorities for public companies with shareholders and digitising every aspect of the car buying and selling journey will automatically improve auditability.
\u201cWhen we re-design the process map from when a used car is traded in Fleet Monitor aims to encompass every touch point of the transaction from the pricing to the process of getting the car refurbished and uploaded into the online marketplace complete with images and a retail price,\u201d explained Autorola Solutions\u2019 global business unit director Ib Kimose.<\/p>\n\n\n\n
\u201cOur focus is on speed of getting the initial transaction completed and the trade-in car back up for sale. The online marketplace and Fleet Monitor work hand in hand,\u201d he added.
A car\u2019s status in the online marketplace is also vital. Once a car is sold it automatically disappears from all external sales channels including Apps in real time. That prevents the untenable situation of a consumer looking to buy a used car online that has already been sold.
Besides car dealer groups, the Autorola Solutions team has had many customer projects with OEMs, banks and leasing and rental companies throughout 2022.<\/p>\n\n\n\n
\u201cStock visibility in real time is important so the asset owner can decide which channel to direct the car down next. If it is at the end of a leasing contract is the car being sent directly to auction or is it being sold to the driver or directed to a lease company\u2019s retail premises for sale.
\u201cA car costs roughly 22 Euros for every day it is in stock, so a car\u2019s status and speed of sale is important. We have also been collaborating with our subsidiaries in Australia and Belgium on upstream selling. Twenty-five percent of used cars sold by our Belgium subsidiary are now sold upstream with them finding a new owner even before they have been de-fleeted by the leasing company,\u201d said Kimose.<\/p>\n\n\n\n
Autorola Australia uses Fleet Monitor to support its upstream selling by tracking the life cycle of a customer\u2019s car in real time from the original order with the dealer through to the end of contract dates. That way the Australian team can get in touch directly with the driver three months prior to it being de-fleeted to start the proactive remarketing process. This includes liaising with the dealer on the delivery schedule of the driver\u2019s new car.
It gives Autorola an advantage over its competitors as it provides complete transparency on a vehicle asset from the time it joins a customer\u2019s fleet until its disposal.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Autorola Solutions team has had a record year with more companies than ever before engaging it to review and modernise its vehicle asset management processes.As used cars have become more important to OEMs and their dealers as new car production remains compromised by the global semiconductor shortage, so they are getting more attention and […]<\/p>\n","protected":false},"author":8,"featured_media":10908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[191],"tags":[],"class_list":["post-10906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\n