CarMax 2006 Annual Report Download - page 12

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Please find page 12 of the 2006 CarMax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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INFORMATION SYSTEMS
Our systems capture data on every aspect of our
business. We collect data on activities such as:
Customer visits.
Sales consultant/customer engagements.
Test drives.
Appraisals and appraisal purchases.
Financings.
Extended service plan sales.
Every retail vehicle is electronically tracked throughout
its CarMax life from purchase through reconditioning to
ultimate sale. We also capture data on vehicles we whole-
sale, helping us track market pricing.
This information is used to continually enhance and
refine our processes and systems, as well as to provide
the basis for managing our associates’ performance.
Proprietary Processes & Systems
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10 CARMAX 2006
Consumer
Offer
Purchasing/
Inventory
Management
Reconditioning Finance
Originations
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CarMax wholesale auction
PROPRIETARY PROCESSES AND SYSTEMS