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Articles Tagged with ''profitability''

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Digital Demonstration Replay

Meet TARGIT for Equipment Dealers [Digital Demonstration]

May 4, 2023 | Posted in Best Practices, Operations & Finance
TARGIT brings over 90 years of combined industry expertise to help equipment dealers turn data into real business impacts. Follow along as our team discusses the role of business intelligence (BI) in dealership operations. Plus, see our experience in the space and discover how our solutions help dealers use data to inform decisions, increase productivity, and improve profitability.
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Free eGuide

Improved End-User Profitability: An OEM’s Guide to Controlling Farmers’ Feed Expense

Learn how OEMs can increase the value of their feed equipment while reducing the farmers’ feed expenses.
| Posted in Manufacturer News
On average, feed expenses account for over 60% of all livestock operations’ production costs. A variety of factors impact the feeding process, and controlling these costs is top of mind for producers. How can OEMs increase the value of their feed equipment while reducing the farmer’s feed expenses?
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People & Profits

The ‘Value’ of Relationships

By George Russell and Bill Hoeg posted on June 9, 2018 | Posted in Best Practices, Department Management

Under our 2018 theme of ‘Developing Human Capital,’ this article focuses on the right perspectives and practices to develop and engaged employees who create repeat customers profitably. It is written by one of my Machinery Advisors Consortium Colleagues, Bill Hoeg. — George Russell

Why do car dealers get less parts and service business after the warranty expires? Why are there so many independent repair shops to fix your car?


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People & Profits

The ‘Value’ of Relationships

By George Russell and Bill Hoeg posted on June 9, 2018 | Posted in Best Practices, Department Management

Under our 2018 theme of ‘Developing Human Capital,’ this article focuses on the right perspectives and practices to develop and engaged employees who create repeat customers profitably. It is written by one of my Machinery Advisors Consortium Colleagues, Bill Hoeg. — George Russell

Why do car dealers get less parts and service business after the warranty expires? Why are there so many independent repair shops to fix your car?


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Precision Farming Dealer Summit

Precision Service Challenge: Making Money & the Pieces Fit

Dealers need to figure out how to improve their bottom lines while resolving compatibility issues for their farm customers.
By Dave Kanicki posted on March 11, 2017 | Posted in Best Practices, Manufacturer & Dealer Issues, Operations & Finance, Department Management, Precision Ag Sales & Service
Mixing and matching precision farming equipment and components can, in many cases, produce a superior system for some operations. On the other hand, compatibility issues with such systems have been known to create major headaches for precision farming technicians whose job it is to make them operate properly.
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[Podcast] Defining Your Role and Scope for Precision Profitability

In our first episode, we welcome Dr. Tom Krill, founder of Precision Strategy LLC, to share his philosophy and experience-based analysis on four key considerations for structuring a successful precision department.
By Jack Zemlicka posted on May 23, 2016 | Posted in Precision Ag Sales & Service
In the first episode of the Precision Farming Dealer Podcast brought to you by Farmers Edge, we welcome Dr. Tom Krill, founder of Precision Strategy LLC, to share his philosophy and experience-based analysis on four key considerations for structuring a successful precision department.
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Precision Farming Dealer Summit

Looking for Long-Term Profitability? Do What You Do Best

Dealers must define their role and scope in precision farming to make a difference in their customers’ operations.
By Dave Kanicki posted on March 12, 2016 | Posted in Best Practices, Precision Ag Sales & Service
Dr. Tom Krill defines precision farming as a management concept that recognizes variability within the soil environment and maximizes economic agricultural production while minimizing environmental impact for a specific location. And to evaluate it’s effectiveness, precision farming must have measurable objectives.
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Farm Equipment Videos

AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market. 

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Top Directory Listings

Yetter Farm Equipment

Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Machinery Scope

Machinery Scope

At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
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Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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