CARMEL, Ind. -

Officials from KAR Auction Services subsidiary AuctionTrac believe their technology can track more than just vehicles.

AuctionTrac highlighted its satellite-based GPS technology system can be equally effective in managing the ever-changing labor needs of wholesale used-vehicle operations.

According to AuctionTrac senior vice president Michael Newman, auctions can also utilize this technology to design an effective operations budget.

“Hands down, the No. 1 expense at auctions is operations — the cost to move cars around the property,” Newman insisted.

“AuctionTrac takes the guesswork out of it. Once you measure it, you can manage it,” he added.

AuctionTrac’s advanced labor tracking can assign metrics to each step of the auction process, from pre-sale and post-sale to the unique employment needs of auction sale days.

The company contends that the same technology that makes AuctionTrac a leader in vehicle tracking can allow the solution to increase employee efficiencies and reduces labor expenses.

AuctionTrac’s labor-tracking system includes a comprehensive on-site employee training program as well as ongoing online instruction tools. Once underway, AuctionTrac is able to produce robust reports almost immediately for labor tracking, accountability and productivity.

Currently, 27 of ADESA’s 70 auctions utilize AuctionTrac.

“The AuctionTrac technology has generated a savings of 10 percent to 15 percent of lot labor costs at each of the sites where it has been implemented,” explained David Vignes, executive vice president of enterprise optimization for KAR.

“We will continue to integrate this technology into our remaining auction locations throughout North America,” Vignes concluded.