Vehicle Stock Control (VSC)

Continuous inventory control of dealer networks

Business Challenge

The financial entities of automotive manufacturers have the role of financing their dealer networks in order to push sales. This represents a vast amount of money circulating in the dealer network, a burden that carries a significant financial cost. Contractual obligations and payment due dates need to be strictly followed up and controlled in order to minimize and prevent losses.

Solution

What is Vehicle Stock Control? Vehicle Stock Control (VSC), or Floor Plan Auditing, is a service designed to help financial controllers within vehicle manufacturing companies to continuously monitor the stock of vehicles in dealers' yards, as well as related contract payments and documents according to the client's audit criteria.

Why Choose Bureau Veritas?

Reputation
Bureau Veritas is one of the world's leading providers of import control and inspection services. Established in 1828, Bureau Veritas has wide experience in Vehicle Stock Control audits in Europe and Latin America for major clients.

Network
Our global presence offers you the convenience of international expertise combined with local service where you need it.

Personalized service
Bureau Veritas adapts its services to your needs. Bureau Veritas has developed and implemented several IT solutions to make the service more efficient. Use of PDA with wireless solutions and optimized Management Software makes field data collection faster, more accurate and reliable.

Recognition
Internationally recognized by the most important organizations, Bureau Veritas is certified ISO 9001 and was the first inspection body in the world to have its network accredited ISO 17020 within the scope of its Pre-Shipment Inspection and Verification of Conformity activities. Active member of IFIA (International Federation of Inspection Agencies), Bureau Veritas is also a member of CITA (International Motor Vehicle Inspection Committee).

FAQ - Frequently Asked Questions

• Can VSC be an outsourcing service?

  Often, clients in this sector have their own audit/controller structure. Its tasks can be partly or totally outsourced to the Bureau Veritas team.

• Is it a safe process?

  As with all Bureau Veritas services, confidentiality is contractually guaranteed to safeguard the information processed and to optimize efficiency of the operations. Data transmission between PDA, Bureau Veritas servers and clients is encrypted. Audit scheduling is totally confidential and is communicated to auditors only a few hours in advance.

• How often are the audits performed?

  Normally clients request an update every 2 weeks, or even more frequently, to ensure that the dealership network information stays fresh. Dealers who have several branches, and who have vehicles away from the authorized locations, are inspected within the same day.