4 Ways to Simplify Inventory Tracking

Do you track inventory by pulling data from independent dealer systems into spreadsheets? Does it frustrate you that these spreadsheets become outdated before you can print them?  What if you could connect those independent systems to present a complete, real-time picture of your inventory status?

Anvil connects to external dealer systems, consolidating your inventory data on one platform. It simplifies management of both existing and incoming stock units, nimbly tracking through multiple dealership locations. Save hours each week in painstaking reconciliation and searching of records, and quickly balance distribution of new dealer stock units based on current inventory across locations.

In addition to connection your systems, Anvil encases communication throughout departments by coordinating service, parts, or trucking requests, all within the app.

Let the Inventory feature simplify how you track dealer stock units through your inventory chain and transform your workflow in four ways.

Know Your Inventory

Inventory consolidates dealer stock unit data from several systems and brings them into one complete record where you can view details including:

  • Dealer Stock Unit information from EQUIP and JDMint
  • Equipment photos
  • Quote history from JDQuote2
  • Location of the stock unit
  • Unit on-hold or sold status
  • Service orders pending or completed
  • Length of time on the lot
  • Trade-in details and status

Anvil provides a 360-degree view of each dealer stock unit record to make more informed decisions. Inventory managers can quickly answer the following types of questions (and more) just by reviewing the record: Is it priced correctly? Is it starting to age out? Where should incoming equipment be delivered?

Access Inventory Here and Now

  • Get a notification when new inventory arrives on the lot.
  • Order an inspection from wherever you are working.
  • Submit a service requisition without a trip back to your desk.
  • Easily search other stores’ inventory to direct delivery of new orders.
  • Inventory puts vital information and tools at your fingertips wherever and whenever you need them.

Dot the I’s Automatically

Inventory also crosses the T’s — and you don’t even have to think about it. Through the power of automation, Anvil can customize dealer processes like:

  • Update sold/available status on stock units as quotes change.
  • Notifications on new stock units.
  • In-app guidance to prompt next steps in processes.
  • Generate and distribute customized reports.
  • Create inventory on-hold time limits and expiration reminders.

Automating these inventory processes guarantees up-to-date inventory data, frees up time, and eliminates errors, without any further effort from you.

Manage Inventory More Efficiently

Anvil’s inventory feature captures the most up-to-date inventory data and reveals insights that matter to your business. These Salesforce-driven analytics empower you to identify opportunities and isolate potential problems so that you can act on them quickly. Inventory analytics show you:

  • Aged equipment
  • Average days on the lot by Stock Unit type/class
  • What used equipment provides the highest resale margin
  • What locations have the best success with various stock unit classes
  • What stock units have the highest demand
  • Stock units that are quoted repeatedly, but remain unsold
  • What add-on features drive sales with the best margin

Redirect your energy and experience toward problem-solving and informed decision-making, rather than jumping from fire to fire. Use Anvil and get back more of your time.

Related Posts

4 Ways to Simplify Inventory Tracking

4 Ways to Simplify Inventory Tracking

Top four ways Anvil simplifies inventory tracking processes: Reduce processing time; Access from anywhere; Receive automatic notifications; and Gain deeper insights.

Find Equipment 3 Times Faster with Inventory Search

Find Equipment 3 Times Faster with Inventory Search

Anvil Inventory consolidates equipment data into one easy-to-search platform. Accurate inventory status, photos, trade-in details and more give salespeople the ability to quickly query the right inventory records, wherever you make deals.

Cut Inventory Search Time and Focus on Selling

Cut Inventory Search Time and Focus on Selling

Create a 360-view of your dealership’s inventory. Anvil brings your inventory data together in one platform, eliminating the need to search multiple systems to gather the information you need.

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