The Automotive Management Live 2021 was a huge success! This was the first in-person event we exhibited at since the pandemic and we were delighted to be part of this great show! It was amazing to be able to meet new friends and catch up with our old friends face to face again. We want to thank everyone who dropped by our stand on the day.
During the show, we introduced our new modules – the RWA Management Accounts Reporting Solution, and RWA PriceSmart, a tool that helps dealer groups to optimise their used car pricing and maximise the margins. We also enhanced our Dealer Sales Solution and Dealer Aftersales Solution to accommodate the changing needs of the motor retail industry. RWA’s solutions pull data from multiple systems into one place and provide dealer groups the real time insights using data analytics so they can make timely and critical decisions with the right information to maximise their profits and opportunities. It is the one place where dealer groups can manage all their operations.
In the Operational Excellence Theatre, RWA’s Automotive Data Scientist, Neil Murphy gave a presentation alongside Paul Keatley, Client Development Director at Auto Trader, on Used vehicle acquisition on data steroids. In this seminar, Neil and Paul gave an overview of the current used car marketplace and shared their insights on how dealers can maximise their used cars opportunities & profits through stock acquisition and price optimisation. With the right tool, dealers can generate an additional £200-£300 per car in margins on average and increasing margins without increasing days to sell.
If you missed out on this seminar at AM Live, you could still register and access the on-demand content here.
Finally, we want to thank AM Live for organising such a wonderful event, everyone who came to see us at the event, and Paul Keatley for delivering an excellent presentation with us. If you didn’t get a chance to talk to us on the day but wish to explore more of our services and how we can help you, please visit our Automotive Page for more details or contact us and we’ll get in touch with you asap!
About Real World Analytics
Real World Analytics provides a cloud-based Business Intelligence (BI) solution that helps you become a complete data-driven dealer group. By bringing all your data into one place and delivering actionable insights to different levels in the business, everyone has the right information at the right time to do their job efficiently. The management will be presented with executive dashboards where they can drill down to the details for further investigation. Your managers in the outlets get reports such as DOCs delivered to them automatically so that they can action issues on the spot. The solution is designed to help you stay on top of your business with all the information you need at your fingertips.