It’s no secret that companies are struggling with supply chain issues right now. While a chip shortage constraining auto manufacturing is one of the most visible examples, businesses of all types and sizes are struggling to get components, equipment and supplies. Many common items have skyrocketed in price, and businesses may find shipments backordered or delayed.
Automotive dealers are grappling with a triple hit to their bottom line: More human resources devoted to shopping around and trying to secure inventory, soaring prices eroding profit margins, and larger order requirements that many suppliers are demanding which ties up cash for essential business operations.
In this unprecedented period of high demand and tight supply, WASCO (Wholesale Auto Supply Company) has unique advantages that can benefit dealerships:
Minimize Shortages by Shopping WASCO
Independent businesses in particular are struggling because they have to compete with retail behemoths that wield market share. WASCO’s aggregate buying power evens the playing field for dealerships: WASCO’s customers will not encounter shortages of supplies consumed daily such as toilet paper, office supplies, chemicals and personal protective equipment.
Pre-Purchasing Power that Benefits You
WASCO proactively pre-purchases items when its analytics system flags an increase in demand, locking in inventory and price in advance. Purchasing ahead of demand-driven price surges in turn keeps costs down for dealerships. For instance, in advance of the onset of winter weather, WASCO pre-purchases and stores truckloads of ice melt to meet customers’ needs when inclement weather hits. The result is that by bulk-buying and pre-buying, WASCO defrays potential price increases for dealerships via the economies of scale it can leverage.
Flexible, Nimble Sourcing
WASCO also avoids shortages and price spikes by working with a robust network of suppliers. Because WASCO’ sources from a vast array of suppliers, they can cast a wide net obtaining the best prices for dealerships. For staples such as bottled water, WASCO can quickly shift vendors or brand to fulfill dealer orders.
Knowledgeable Staff
WASCO provides a dedicated customer support team to source what dealerships need, or can find the closest available substitute at a commensurate price point. Whether a car dealer is shopping for a new coffee maker or reams of copy paper, if a brand or model is unavailable, WASCO can find the closest substitute to assure your business keeps running smoothly.
Learn more about how your dealership can lessen the burden and financial costs of supply shortages by contacting our team now.