Our Solutions

Inventory Management

The focus on sale results among large used vehicle portfolio owners has never been greater. As a result of legacy systems and third party interfaces into their used vehicle processes, many large vehicle inventory owners are burdened by disparate, inefficient and complex systems to manage their portfolios.

RMS Automotive solves these challenges by offering technology to enable OEMs, Captives, and other large vehicle portfolio owners globally to manage the complete vehicle lifecycle, from new car build to used car sale.
RMS leverages automation and data science to add transparency, maximize returns and reduce risk.

The RMS Automotive solution difference:

Vehicle Portfolio Management (VPM) Platform

The RMS platform provides vehicle portfolio owners with a transparent, easy-to-use system for the management of all aspects of the vehicle lifecycle. A modular, flexible platform, with sophisticated data integration capabilities, the RMS VPM platform can be configured to meet the unique needs of commercial consignors through in-service tracking, pre-termination processes, vehicle grounding, pricing, remarketing, logistics and settlement.

With a host of best-in-breed, integrated sister companies in the Cox Automotive family, RMS provides unequalled access to the leading inventory solutions in the market.

 

Several core modules of the VPM include:

Product Feature Benefit
In-Service Tracking
  • Transparency through all stages of vehicle in-service life
  • Track drivers, mileage, location etc.
  • Improved visibility into initial stage of lifecycle
  • Better remarketing decisions as full portfolio view can feed into intelligent Optimizations for inventory channel and pricing
Pre-Grounding
  • Pre-term vehicle inspection services
  • Capture excess wear for charge-back
Grounding (lease, rental, fleet etc)
  • Capture lease end signature and condition
  • Offer returned vehicle for sale to grounding dealer
  • Dealer incentive management
  • Real-time integration with client platform
  • Fastest remarketing time, reduces depreciation and cost of capital
Online Remarketing
  • Private, branded marketplaces
  • Boutique buying experience
  • OEM build data
  • Sophisticated automated pricing
  • Improved residuals
  • Reduction in wholesale losses
  • Greater efficiencies
Logistics
  • Online transportation quotes tracking
  • Full transparency through lifecycle
Post Sale Services
  • Centralized management for all processes
  • Boutique buying experience
  • Improved customer service
  • More payment options for buyers
Physical auction consignment
  • Auto-consign no-sales to physical auction
  • Track vehicle in-bound until receipt at auction
  • Fast, efficient remarketing
  • Full lifecycle transparency

Product
In-Service Tracking

Feature:

  • Transparency through all stages of vehicle in-service life
  • Track drivers, mileage, location etc.

Benefit:

  • Improved visibility into initial stage of lifecycle
  • Better remarketing decisions as full portfolio view can feed into intelligent Optimizations for inventory channel and pricing

Product
Pre-Grounding

Feature:

  • Pre-term vehicle inspection services

Benefit:

  • Capture excess wear for charge-back

Product
Grounding (lease, rental, fleet etc)

Feature:

  • Capture lease end signature and condition
  • Offer returned vehicle for sale to grounding dealer
  • Dealer incentive management

Benefit:

  • Real-time integration with client platform
  • Fastest remarketing time, reduces depreciation and cost of capital.

Product
Online Remarketing

Feature:

  • Private, branded marketplaces
  • Boutique buying experience
  • OEM build data
  • Sophisticated automated pricing

Benefit:

  • Improved residuals
  • Reduction in wholesale losses
  • Greater efficiencies

Product
Logistics

Feature:

  • Online transportation quotes tracking

Benefit:

  • Full transparency through lifecycle

Product
Centralized management for all processes

Feature:

  • Centralized management for all processes
  • Boutique buying experience

Benefit:

  • Improved customer service
  • More payment options for buyers

Product
Physical auction consignment

Feature:

  • Auto-consign no-sales to physical auction
  • Track vehicle in-bound until receipt at auction

Benefit:

  • Fast, efficient remarketing
  • Full lifecycle transparency

Grounding:

The RMS transactional platform simplifies the process of transferring vehicle possession from customer back to the dealer by providing the technology needed to capture and validate vehicle information and condition, facilitating dealer purchases and facilitating transport to auction or storage for unsold vehicles.

Online Remarketing:

The RMS transactional platform provides complete control and transparency over the disposition of wholesale vehicles through support of a variety of sales strategies – from click&buy, to auctions to offer management. Using RMS, consignors can make vehicles available to different buyers in a cascading series of sale events, including sale on Manheim.com and OVE.com, the most frequently visited wholesale marketplaces in the world. OEM-branded and customized online stores connect directly with dealers and provide benefits to all parties involved – turning assets into cash faster for the OEM and offering early access to high-quality inventory for the dealer.