Inventory Management System for Auto Dealers

Value Proposition

Skypatrol’s LotMan, Inventory Management System, does more than locate and track vehicles on a lot.

The LotMan Increases Revenue By:•Putting eager customers in the driver's seat in seconds, before they lose interest•Eliminating dead batteries as the cause of lost sales•Demonstrating to the customer relevant F&I products and features

The LotMan Reduces Costs By:•Running full inventory counts on demand – in seconds, with no additional manpower•Protecting every vehicle on the lot from theft and un-authorized use•Tracking vehicles off the lot in real-time to make sure fuel is for test drives, not coffee runs•Managing vehicles in the service department, increasing efficiency without increasing support staff.

How The System Works•OBD 2 processer reads important information about battery life, engine state, VIN number & fuel level directly from the vehicle’s computer

•Powerful GPS & Cellular Antennas locate the vehicle, broadcasting position and OBD information to the platform.

•The Platform can ping the LotMan device in any vehicle at any time and get updated info.

•When the vehicle is on, the LotMan will track its path and report all information in real time (5 minute intervals) to the Platform.

•The Platform catalogs all information and sends alerts, reports and events whenever a condition is met or a rule broken.

Geofence boundaries protect vehicles while on the lot and time stamps (or sends an alert) whenever a vehicles leaves or returns to the lot.

Global GPS and nationwide cellular coverage protects the vehicles when they are off the lot.

•Notifications when battery levels are low (including daily reports)

•Fuel Level from the onboard computer

•Geofences around lots and lot segments

•Locate the exact position of any vehicle, anywhere, anytime.

•Watch a video breadcrumb history of test drives.

•Just plug LotMan into the OBD2 Port on any vehicle and the system automatically does the rest.

•Speeding alerts reduce liability and protect from disaster

Powerful, Easy To Use Features

ROI

Assumptions •Dealer has an average 200 vehicles in inventory •Dealer turns inventory every 60 days •Gross margin on a new car is $2000.00 •Dealer counts inventory once a month on average at a cost of $300.00 in man hours •Reynolds & Reynolds will mark up the LotMan by 100% •On Average GPS Recovery devices provide a 1-3% insurance discount •Additional F& I is gross margin on 5% of vehicles on the lot sold with a GPS tracking device from F&I (at 230 wholesale revenue/ 499 retail revenue) •Dealer will sell only 1 more vehicle every month because of the LotMan System.

Franchise Dealers Service Departments Auction Houses

YEARS 1 - 3 YEARS 4+

1 Month 12 Months 1 Month 12 MonthsRevenue (Dealer)Additional Vehicle Sales (1 more car a month) 2,000.00$ 24,000.00$ 2,000.00$ 24,000.00$ Additional F&I Sales (5% throughput) 2,690.00$ 32,280.00$ 2,690.00$ 32,280.00$ Reduced Inventory Count Costs 300.00$ 3,600.00$ 300.00$ 3,600.00$ Reduced Insurance Costs 100.00$ 1,200.00$ 100.00$ 1,200.00$

Total Revenue (Dealer) 5,090.00$ 61,080.00$ 5,090.00$ 61,080.00$

Expenses (Dealer) Per Unit Mo. Cost (200 units) (200 units) (200 units) (200 units)LotMan Hardware (over 3 years) 5.99$ 1,198.00$ 14,376.00$ -$ Airtime Service (over 1 year) 5.00$ 1,000.00$ 12,000.00$ 1,000.00$ 12,000.00$

Total Expenses (Dealer) 2,198.00$ 26,376.00$ 1,000.00$ 12,000.00$

Dealer Gross Margin 2,892.00$ 34,704.00$ 4,090.00$ 49,080.00$

Product Cash Flow Statement for LotMan on an Average Dealer Lot

Current Features List

VIN Number

RPM Meter

Ignition State

Locate On Demand

Fuel Level

Battery Voltage

Tracking History

Odometer / Miles

Maintenance Events & Reports

Acceleration/ Braking G’s

MPG

Idle Time & Alerts