LEASING company and broker funder Alphabet has signed up to use Fleet Procure’s Stockmanager portal.
Stockmanager is a standalone product from the cloud-based broker/dealer procurement platform, which funders can use to manage their tactical ‘commit-to-purchase’ stock with real time view of stock and order status. The capture of cancelled orders for instant re-sale is a further key feature. Over 200 leasing brokers currently access the portal for stock access from a host of funder and dealer partners.
Adam Nash, Tactical Sales Manager, at Alphabet (GB), said that Stockmanager will enhance the visibility of its tactical vehicle sales and stock management, while providing Alphabet Partners with greater visibility of stock available in real-time.
“Stockmanager will enable us to monitor and internally report on the status of our ongoing campaigns. We consider it a valuable tool that will support our ambitious tactical offer growth plan. Additionally, the fact that most of our broker partners are already using the platform influenced our decision.”
Alphabet’s tactical vehicle proposition has aspirations to grow by 25% in 2025.
Arron Mogridge, Operations Director of Fleet Procure, commented:
“We’re delighted to be working with Alphabet to provide Stockmanager to manage their tactical vehicle offering to their partners. The cost of lack of vehicle visibility, especially cancelled orders, with prepaid committed tactical stock is an industry-wide issue, which our technology has solved.”
Alphabet is the third leasing company to sign-up to using Stockmanager, following Drivalia and Leasys in quarter four 2023.
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Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
