Manheim's used-car inventory optimization software system, Manheim POINT, has
new enhancements, many of which are the result of suggestions by dealer
customers.
Linking directly to a dealer management system (DMS), Manheim POINT provides
data based on a dealer's own wholesale and retail transactions and those of
other dealers nationwide. It allows dealers to make more informed and quicker
appraisals and buying and selling decisions.
New features in the Version 2.0 include:
Enhanced Market Data: Version 2.0 adds the capability to let dealers compare
their results to other dealers in their geographical area.
Multi-Store Access: Subscribers with multiple franchise locations now will be
able to manage inventory across stores simultaneously, rather than
location-by-location.
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Private Exchange: Dealer groups get the ability to offer vehicles for sale
within their group before opting for other sales venues, such as online vehicle
exchange or auctions.
Multiple Vehicles/Multiple Channels: Customers will have the ability to send
multiple vehicles through various sales channels as a group, rather than
individually.
"Dealers are telling us that the product is having a big impact on the way
they operate their businesses," says Manheim Vice President and General Manager
Charles Williams.