Rapid Recon is an on-line reconditioning workflow tool that eliminates process gaps to improve profit margins Reconditioning Impacts Velocity “Most dealerships will claim to have a 2-3 day reconditioning time, but in reality the time from acquisition to virtual and physical front-line readiness is approximately 7-10 days”. Dale Pollak, Founder of vAuto Recon Time is Money Taking two days out of a typical 10 day reconditioning cycle adds one more turn per year $1,500 Target profit per used car X 100 $150,000 Additional used car sales Additional profit using same reconditioning resources* *Based on US dealership sales of 100 or more used cars per month Recon Process Control Streamlining communications between the departments responsible for reconditioning creates an efficient workflow allowing quicker turnaround 1 2 3 In-Transit to Inspection Parts Mechanical 4 5 6 7 Paint Body PDR Detail & Photos Front Line Ready Wholesale Steps are individualized for each dealership or group How Rapid Recon Works: Rapid Recon is a web-based application accessed from any 1 computer, tablet or smart-phone Application is configured to a dealership’s reconditioning process 2 and the progress of every car know from In-transit to Line-ready Vehicles are automatically added to In-transit or received 3 when purchased or booked Upon completion of each job the next department scheduled 4 for work is notified by text or email with a single click 5 Cycle times are reported for each department, car and for any time period, showing productivity, bottlenecks and problem cars Real-Time Recon Control Recon Step Stock No. Vehicle Days in Step Days in Recon Days in DMS #3 - Service P044 Notes 11 Chevy Equinox - Gold 2 10 11 TB Loaner Car 3/7 10AM, B/S NO returned 3/12 R345 09 Chevy Colorado - White 2 2 16 Sold McDaniel 3/16 9:20AM X054 06 Cadillac Esc – White 2 3 11 B/S NO 3-12 detail @ new store before service 3/13, dents t/u and interior 3/14 – this vehicle is done and ready for service but must have interior plastic covers to protect leather repairs T876 07 Honda Accord - White 2 2 8 Sold Phillips 3/16 11:30 AM T013 09 Ford F-250 Red 3 9 11 B/S estimate written $908 & approved 3/12 - Everett S918 09 Chevy Impala - Red 3 9 9 B/S estimate written $144 & approved 3/12 - Jesse The notes section allows for clear communication of details on the status of a car Rapid Recon Step Performance Starting Date 2-01-2012 Ending Date 2-29-2012 Vehicle Detail Fetch Average Days in Recon 5.22 Customer Testimonials AutoNation Team Nissan of Marietta, GA “Rapid Recon is an absolute must for any successful dealership that needs reconditioning process accountability, efficiency and control. Now that we automatically measure our reconditioning cycle times, we can manage to continually improve performance in changing market conditions and resource constraints”. - Paul Richman, Used Car Director Briggs Auto Group, Manhattan, KS “We sell more than 600 used cars a month in three different cities with seven franchises. We have three large reconditioning centers and it was a nightmare to track all of our cars. Rapid Recon allows our used car managers to keep track of the cars without leaving their desks. Also, we are able to set expectations for ‘days-tothe-lot’ and provide bonuses for our recon managers based on quantitative data.” - Dwayne Miller, General Operations Manager For more information on Rapid Recon, please contact: Dennis McGinn, Founder 650.996.9551 or dennis@rapidrecon.com www.rapidrecon.com
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