LAKE SUCCESS, N.Y. – DealerTrack, Inc., a subsidiary of DealerTrack Holdings, Inc., has introducedn InventoryPro, a new inventory management solution for auto dealers.
InventoryPro leverages dealer knowledge and expertise with analytical tools that manage inventory turnover through the use of a dealer’s specific sales history and market data. Resulting recommendations enable dealers to control inventory, stock more vehicles that turn faster, and generate higher gross profits, while disposing of less-profitable vehicles. Additionally, InventoryPro provides dealers inventory appraisal and booking tools, integrating values from Manheim Market Report (MMR), NADA, Black Book, and Kelley Blue Book.Throughout the year, DealerTrack expects to deploy a series of products and services designed to further enhance dealer inventory, including:
InventoryPro replaces DealerTrack's DealerWire solution, acquired last year, and will be phased out as subscribers are transitioned to the new product at no additional charge, according to the company.