TrackX Holdings Inc. , a leading provider of SaaS-based enterprise tracing, tracking and collaboration solutions, announced that it has expanded its presence in the automotive industry by completing an initial implementation with one of the largest U.S. national online auto retailers (the “Customer”) to deploy a system-wide, real-time inventory tracking and optimization solution. TrackX continues to execute on its mission to become the visibility, collaboration and transparency platform of choice for industries that are investing heavily in supply chain digital transformation for greater efficiency, responsiveness, and resiliency.
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The Customer facilitates the sale, reconditioning and delivery of thousands of vehicles each year to consumers nationwide. To accomplish this quickly and profitably, it is imperative that the Customer has real time visibility to the location, status, make and model of vehicles on hand across multiple storage and processing locations. The TrackX Solution will provide, for the first time, an automated, accurate and up-to-date accounting of vehicle inventory for audit and governance purposes, eliminating costly and time-consuming manual data collection. They will gain end-to-end insight as to the state and location of all vehicles on hand, making the process of accessing and moving vehicles much more efficient. By tracking pertinent information about every vehicle, TrackX will become the system of record for key metrics such as car dwell time, cycle time, reconditioning performance, inventory turn-over rates and other critical analytics.
“We are excited to be expanding our presence within the automotive industry through this implementation with one of the fastest growing companies in the online used car retail space,” said Tim Harvie, CEO of TrackX. “Their buyers want their car right away and will purchase from the company that can get a vehicle to their location the fastest and at the lowest cost. TrackX will help make this possible by giving our client and their trading partners the data and insights they need to beat the competition on both speed and quality.”
Customers choose TrackX because it is one of the only companies to offer an enterprise scalable supply chain platform that is highly configurable, works with a wide array of tracking technologies, supports the aggregation of data across multiple locations, drives efficiency through comprehensive control tower analytics and easily integrates with other operational systems necessary to support the business. Combined with decades of supply chain experience, these attributes set TrackX apart and will be a catalyst to further success within the automotive industry.
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