For vendors, Manheim Remarketing has created a unique web-based management system that controls the flow of stock through the various stages of the remarketing process. The Remarketing Management System (RMS) pulls together every remarketing support service with all sales channels, regardless of whether Manheim is the supplier. This places remarketing control firmly in the hands of the user, whilst also ensuring full flexibility of the service providers used.

RMS covers all aspects of the process from issuing collection instructions, authorising decisions on vehicle reconditioning, instructing on reserve prices to negotiating on provisional bids or transferring stock into other sales channels. Much of the workflow process within RMS can be automated for the user and this automation can be as simple or as complex as is required. RMS helps minimise holding costs, reduces stock devaluation, maximises residual values, streamlines the remarketing management process to free up human resource, facilitates simple comparison of sales channel performance and benchmarking, and provides an immediate competitive advantage.

Some of the features of RMS include:

• Ability to manage all suppliers through one, single system
• Users only adopt modules that suit their own requirements
• Simple to scale up activities, without the need for systems development
• Instant access to the status of every vehicle in the system
• Full multi-lingual, fiscal and currency functionality.

For more information on Manheim’s Remarketing Management System call us on 0844 856 4545.