Data management has been called the next frontier in precision farming. While futurists predict farmers will see fully autonomous tractors and combines within a decade, it's the effective management of seed, yield, soil and other data that will demonstrate the real value of this technology.
With the first-ever “Dealership Minds” edition on Birkey’s Farm Stores in February 2011, we set out to detail how each of the“cogs” in a benchmark-worthy dealership function together as one “machine.” What became the most talked-about project of the year created challenges for our editorial team when it came to this year’s encore performance.
When discussions started about Elder Implement being the subject of Farm Equipment’s 2012 “Dealership Minds” project, the dealer group was comprised of five John Deere locations scattered throughout eastern Iowa. It was a solid choice as a dynamic business with a story to tell about transforming itself into a major force among equipment dealerships in the Midwest.
Whether it's converting customers who traditionally buy equipment of other colors, or losing a customer who was previously loyal to John Deere green, it's a serious matter, according to Randy Amosson, CEO and general manager of Precision Equipment. In fact, the dealer calls it "Chasing the Rainbow."
The first piece of advice for other CFOs when it comes to mergers, jokes Precision Equipment CFO and Vice President of Finance & Administration Dave Dahms, is don't miss the meeting where the assignment of "merger-integration manager" is doled out.
Precision Equipment CFO and Vice President of Finance & Administration Dave Dahms admits that while finances are critical to any enterprise, he can put it all into perspective. Here's his take on a good day and bad day.
When Kevin Bland was 14 years old, he was hired to mow the lawn of the local farm equipment dealership in Durant, Iowa. Nearly 30 years later, he's the location manager for the same dealership, now called Precision Equipment.
"I started farming and feeding cattle with my grandfather when I was a kid and my passion for agriculture has continued to grow. He and my dad used John Deere equipment and I've always believed it's the best."
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
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.
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.
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.