STOCKING GRADES AND STRATEGY ACTIONS

1.

What is Target Days Supply (TDS)?

The number of days worth of inventory you HAVE in stock

The number of days worth of inventory you'd LIKE to stock (stocking goal)

The number of days worth of inventory currently in the market

The number of days worth of inventory you sold

2.

True or false: Target Days Supply can be customized per vehicle segment on the Strategy page?

True

False

3.

What is the purpose of setting a "minimum to stock"?

Indicates the minimum number of vehicles available in your market at that time

Indicates the minimum number of vehicles you would always like to have on your lot for a specific stocking configuration (segment/type)

Indicates the minimum number of vehicles you are required to stock per your dealer or dealer group's specifications

Indicates the minimum number of vehicles your OEM requires you to stock

4.

What does a positive, green action on your strategy page indicate?

You need more vehicles for this segment and price point

You are heavy in this segment and price point

You are in balance for this segment and price point

You know the vehicles you should sell quickly due to age

5.

What does a negative, red action on your strategy page indicate?

You need more vehicles for this segment and price point

You are heavy in this segment and price point

You are in balance for this segment and price point

You know the vehicles that are selling quickly in your market

6.

What do Stocking Grades indicate?

Indicates how well stocked that vehicle is for all dealerships in your market

Indicates vehicle segments where you need inventory

Indicates the condition grade of that vehicle from the acquisition source

Indicates how good a vehicle is for your lot within your market

7.

How many factors go into an overall Stocking Grade?

10

9

8

7

8.

True or false: All stocking grade factors are weighted evenly in the overall grade.

True: All grades carry an equal weight because they are all important factors

False: Some grades are more indicative of a vehicle's success in your market and are weighted more heavily