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Vehicle Location Tracking for Auto Auctions - Cognosos

Ensure vehicles are in the right place at the right time with Cognosos' Vehicle Location Tracking for Auto Auctions. This solution offers real-time visibility and automated insights to optimize vehicle handling, reduce insurance rates, and improve labor efficiency.

By: Cognosos

Last Updated: July 15, 2024

Availability by Region:

Worldwide
Cognosos Logo

Vehicle Location Tracking for Auto Auctions - Cognosos

Ensure vehicles are in the right place at the right time with Cognosos' Vehicle Location Tracking for Auto Auctions. This solution offers real-time visibility and automated insights to optimize vehicle handling, reduce insurance rates, and improve labor efficiency.

By: Cognosos

Last Updated: July 15, 2024

Availability by Region:

Worldwide

Ensure Vehicles are in the Right Place at the Right Time

Cognosos' Vehicle Location Tracking for Auto Auctions provides a comprehensive solution to the common challenges faced by car dealerships and auction houses. This IoT-powered system delivers real-time vehicle location updates, enabling dealerships to manage their inventory more efficiently and reduce operational costs.

Car dealerships often struggle with high insurance rates due to theft and damage, inefficiencies from wasted time searching for vehicles, and difficulties in labor planning. Cognosos addresses these issues with advanced vehicle tracking technology, significantly decreasing insurance premiums through enhanced theft detection and reduced damage.

The solution features the On Spot functionality, ensuring vehicles are placed in the correct lanes ahead of sale day, thereby reducing sale day dropouts and optimizing the use of mech, detail, and body shops. Real-time data is captured and transmitted automatically, eliminating the need for manual yard audits and inefficient vehicle searches.

Cognosos’ system leverages AI-powered location tracking to quickly find vehicles using the Spotlight feature. This feature guides users to the exact location of the vehicles and activates an ultra-bright LED light on selected vehicles, ensuring every vehicle is where it should be. This reduces costly delays and improves overall yard operations.

Benefits

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Be Prepared for Sales Day

Ensure vehicles are in the correct lanes and ready for sale with intuitive dashboards and automated alerts. This functionality reduces the number of sale day dropouts, ensuring smoother operations and maximizing sale opportunities.

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Improve Efficiency and Reduce Delays

Real-time location tracking and automated alerts ensure that vehicles move efficiently through each stage of preparation. This eliminates costly delays and enhances overall operational efficiency, keeping mech shops and detail teams productive.

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Eliminate Manual Yard Audits

Receive real-time location updates for 100% of your inventory, 24/7/365. This feature eliminates the need for manual yard audits, saving time and labor while providing precise vehicle tracking, reducing the inefficiencies associated with searching for vehicles.

About Cognosos

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Equipping enterprises with instant asset intelligence that unlocks potential and optimizes performance

Cognosos utilizes the power of AI/ML to transform tracking data into operational intelligence, redefining the value of location solutions. Cognosos is able to quickly deploy with an ultra-lightweight footprint that excels in complex environments, producing a hard-dollar ROI within months through a subscription based service model. They help customers hit their goals, whether that’s reducing costs, increasing velocity, or improving staff safety.

Company Size

11-50

Founded

2015

Locations

Atlanta, GA

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