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Items Tagged with 'supply chain'

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Executive Q&A

Adapting & Learning From 2022’s Challenges

Rocky Mountain Equipment Chief Sales & Operations Officer Jim Wood talks about how the dealership managed through price increases, inventory shortages and changing customer buying habits.
By Ben Thorpe posted on February 2, 2023 | Posted in Best Practices, Used Equipment Remarketing, Department Management
Last year brought a series of hurdles for dealers to jump through. Customer demand was up, but there wasn’t much to sell them. Prices went up and so did interest rates.
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Executive Q&A

Montag Talks Labor, Component Shortages & Advocating for Farmer Profitability

Montag Manufacturing CEO Anthony Montag talks about how the company is handling supply chain issues, labor issues and what he sees are the future of farmers’ equipment needs.
By Ben Thorpe posted on January 27, 2023 | Posted in Best Practices, Manufacturer & Dealer Issues

Dealers and manufacturers are facing many of the same issues in the ag equipment industry. Both are impacted by struggling global supply chains and a shrinking and increasingly competitive labor pool. 


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On the Record

Inventory in Short Supply, But Dealers Report Improvements

December 2, 2022 | Posted in Data & Forecasts
In this episode of On the Record, the latest Dealer Sentiments Report shows that dealers inventories of both new and used equipment are improving despite being too low. In the Technology Corner Noah Newman talks with Verdant Robotics plans to scale its fleet. Also in this episode, Titan Machinery reports record results for the third quarter of fiscal year 2023 and Farm Credit Canada forecasts tight machinery inventories well into 2024.
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Are We Headed Back to the 2014 Used Equipment Glut?

According to Iron Solutions’ Director of Data Services and Software Development Cameron Hurnard, things aren’t quite as grim as they were 8 years ago. However, some of the same issues that caused the 2014 used equipment glut need to be monitored now and in the future.
By Ben Thorpe posted on January 26, 2022 | Posted in Used Equipment Remarketing, Data & Forecasts
Many dealers remember how used equipment began to sit on lots in 2013-14, driven by rising commodity prices, low input costs and a notable increase in the supply of new equipment. This spelled trouble for the used market, with some equipment sitting for over a year before it moved.
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Supply Chain Lessons Learned from Down Under

How dealers helped farmers overcome supply chain issues
January 18, 2022 | Posted in Best Practices
Source: Farm Weekly, Australia

In the lead up to the Western Australian harvest, farm machinery dealerships pre-planned to try to overcome anticipated supply chain delays. Their efforts appear to have paid off in that farmer-customers reported a record 20-million-plus tonne harvest, reports Mal Gill at Farm Weekly.


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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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