Manheim Auto Auctions Aggregate Planning & Forecasting Project
Author(s)
Crance, Dustin
Demere, Raymond
Ferreira, Caroline
Strickland, Bradley
Welch, Charles
Norman, Terrence
Advisor(s)
Editor(s)
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Abstract
In 2009, Manheim Inc.’s clients missed bidding on 50% of the cars they were interested in. Using
regression analysis and forecasting, this team created a dynamic schedule updating predicted arrival windows for each vehicle at any given auction. Additionally, Manheim did not have a statistically based driver staffing method, so the team provided them with a decision-making driver staffing tool. In total, this project adds $1.8 million yearly to 11 of Manheim’s locations.
Sponsor
Date
2009-12-09
Extent
23:!9 minutes
Resource Type
Moving Image
Text
Text
Resource Subtype
Poster
Presentation
Presentation