Lot Management for Auto Auctions - Cox2M
Cox2M's lot management for auto auctions solution is designed to revolutionize the way auto auctions manage their vehicle inventories. Utilizing advanced IoT technologies, including GPS and RFID, Lot Vision provides a comprehensive, real-time vehicle tracking system specifically developed for the unique needs of auto auction lots.
By: Cox2M
Last Updated: May 16, 2024
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WorldwideLot Management for Auto Auctions - Cox2M
Cox2M's lot management for auto auctions solution is designed to revolutionize the way auto auctions manage their vehicle inventories. Utilizing advanced IoT technologies, including GPS and RFID, Lot Vision provides a comprehensive, real-time vehicle tracking system specifically developed for the unique needs of auto auction lots.
Elevate Auto Auction Efficiency with Cox2M's Lot Vision
Cox2M's Lot Vision improves lot management for auto auctions by offering a precise, real-time vehicle tracking solution that caters to the dynamic and high-volume nature of the industry. By significantly reducing vehicle search times, Lot Vision enhances operational workflows and the overall auction experience.
Designed to streamline vehicle flow from intake to sale, this platform automates inventory management and provides detailed insights into vehicle status and location. This not only improves transaction smoothness but also bolsters security by quickly identifying unauthorized vehicle movements, thereby deterring theft and increasing trust among buyers and sellers.
Lot Vision transcends traditional tracking systems, positioning itself as a strategic tool that propels auto auctions into a more digital, efficient, and secure future. It optimizes the entire auction process, ensuring vehicles are auction-ready and minimizing bottlenecks for a seamless, efficient experience.
Benefits
Pinpoint the exact location of any vehicle in real time
With real-time vehicle tracking, auction lots can reducing the time and manpower needed to locate specific cars, saving critical time during the fast-paced auction process
Gain detailed insights into the location, status, and movement of vehicles on the lot
Focused on Improving the overall management of vehicle inventories in real time on the lot. This level of visibility ensures that vehicles are ready and in the right place at the right time for auctioning.
Prevent theft and unauthorized access to vehicles
By closely monitoring vehicle movements, Lot Vision aids in securing high-value assets and provides peace of mind for both auction operators and vehicle consignors.
More Details
Extend LotVision to Your Customers
Utilizing real-time DTCs, you can deliver status reports that your customers can trust, saving time on routine tasks which unlocks more time to build client relationships
Simple to install, reusable sensors
Reusable sensors support vehicles across multiple lots and sites, both indoors and outdoors, in a variety of weather conditions
Manheim transformed operations with LotVision
With the help of LotVision, Manheim, with over 500,000 vehicles on-site and a constant flow of inventory, improved operational efficiencies and enable self-service capabilities for third parties and customers.
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
