Lot Management for Automotive Dealerships - Cox2M
Cox2M's Lot Vision solution empowers dealers with the ability to manage their inventory remotely, effectively and accurately. With our solution, dealers can locate vehicles instantly from anywhere using a connected mobile device.
By: Cox2M
Last Updated: July 27, 2024
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N. AmericaLot Management for Automotive Dealerships - Cox2M
Cox2M's Lot Vision solution empowers dealers with the ability to manage their inventory remotely, effectively and accurately. With our solution, dealers can locate vehicles instantly from anywhere using a connected mobile device.
Transforming Lot Management for Automotive Dealerships with Cox2M's Lot Vision
Cox2M's Lot Vision, lot management for automotive dealerships, offering a tailored solution to the unique challenges of vehicle inventory tracking and management. In the competitive automotive retail sector, efficiency in locating specific vehicles on sprawling dealership lots is crucial. High turnover rates and the necessity for swift responses to customer inquiries underscore the need for an effective lot management system.
Addressing these challenges, Lot Vision utilizes cutting-edge real-time location services (RTLS), granting dealers immediate, accurate insights into every vehicle's location and status. This innovation in lot management for automotive dealerships is powered by advanced Internet of Things (IoT) technologies, including robust sensors that are simple to attach to any vehicle and a user-friendly platform that is accessible from both mobile devices and desktops.
Cox2M’s Lot Vision is not merely a vehicle tracking system; it's a comprehensive solution designed to enhance inventory management practices, boost customer satisfaction, and fortify asset security. By integrating precise location tracking with easy-to-use technology, Lot Vision tackles the longstanding issues of vehicle management, setting a new standard for efficiency and profitability in the automotive retail industry.
Benefits
Cut time tracking and retrieving vehicles by as much as 73%*
LotVision enhances dealership efficiency by providing real-time vehicle locations and health alerts on mobiles or desktops, facilitating quick access and maintenance checks. It also supports sales by recommending alternatives for unavailable preferred vehicles.
Conduct inventory audits and reconciliation up to 70% faster*
LotVision enhances dealership efficiency by offering operational insights and customizable zone settings to identify bottlenecks, ensure timely deliveries, streamline audits, and prevent theft, providing essential intelligence for more effective management.
Shorten sales cycles by as much as a week*
Increase sales and profitability by streamlining vehicle searches and reporting, allowing staff to focus on customer service and providing key business insights for better efficiency.
*Source: 2022 Hobson and Company's independent research of LotVision clients across the country.
More Details
Achieve full coverage with smart sensors
Lot Vision utilizes durable, easy-to-install sensors, offering broad connectivity for efficient inventory management in any dealership. Options include LoRa for large lots, Bluetooth for hidden vehicles, and cellular for off-premises tracking, ensuring comprehensive coverage and cost-effectiveness.
Proven Track Record of Deployment Success
LotVision currently tracks more than 565,000 vehicles at 87 sites across North America. Built specifically to meet the vehicle tracking and inventory management demands of automotive businesses.
About Cox2M
Cox 2M is the Internet of Things (IoT) business line within Cox Communications, the largest private telecom company in America. The team’s mission is to unleash the true potential of a connected world by enabling complete asset tracking and monitoring solutions, giving businesses and communities the data and tools they need to improve processes, realize operational efficiencies, and deliver better experiences to customers and residents.
Company Size
11-50
Founded
2017
Locations
Atlanta, GA, USA
