DARRELL STEED / 3 December 2024

Full Spectrum Acquisition for Dealerships Today

Welcome to Street Smarts, powered by SmartWolf Consulting! I'm your host, Darrell Steed, and today we're diving deep into the fast-paced world of automotive inventory sourcing with an industry titan—Frank Knox.

With over 20 years of experience, Frank has revolutionized the acquisition strategies at one of the nation’s largest independent auto dealerships. From off-site auctions to direct customer appraisals, his innovative approach has not only maximized inventory but also propelled profitability and market competitiveness.

Join us as we explore Frank’s insights on crafting dynamic pricing strategies, building high-performance teams, and navigating the ever-evolving automotive landscape. Whether you're an industry veteran or just getting started, there’s something here for everyone looking to boost their street smarts in the automotive game.

So buckle up, because this episode is packed with knowledge, strategies, and inspiration. Let’s hit the road!


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FRANK KNOX

Visionary Leader | Acquisition Specialist | Corporate Purchasing Director | 5F Consulting Founder | Automotive Advisor | Vice President

As a seasoned Inventory Sourcing Leader, He drives acquisition strategies at one of the nation's largest independent auto dealerships, focusing on maximizing inventory through off-site auctions and direct customer appraisals. With over 20 years of experience in automotive purchasing, he specialize in sourcing strategies, inventory optimization, and supplier relationship management, ensuring competitive edge and profitability.

Key Achievements:

Increased inventory turn rate and profitability with a refined sourcing strategy.

Expanded vehicle selection through a diversified acquisition approach.

Enhanced competitive advantage with a dynamic pricing strategy.

Fostered a culture of excellence, improving team satisfaction and retention.

He is committed to driving growth, efficiency, and innovation in the automotive industry. Connect to explore potential collaborations.

Connect with Frank via Social Media

Driving Real Conversations: Uncovering the True Pulse of Automotive Acquisition, Staff and Customer Experience. A podcast that goes beyond executive talking points,

bringing you insights from the streets—where the real action happens in the dealership and used car department.

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