In the years immediately following the COVID-19 pandemic, auto dealers experienced a paradigm shift in inventory management, pricing strategies, and overall business operational strategy. The unprecedented circumstances led to a period where inventory acquisition was viewed as a “get it however you can” mentality. However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. Now more than ever, it’s imperative for auto retailers to return to a pre-pandemic mindset, where they were hungry and searching for the right competitive edge in their approach to inventory management and pricing strategies.

In this session, dealers will learn how to reevaluate their inventory management and pricing strategies. By returning to smart fundamentals and embracing proactive approaches, dealers can adapt to the evolving market dynamics and thrive in the competitive environment.