FRANKLIN, Tenn. -

ServNet revealed this week it has made a change to its organizational structure.

The auction group announced it is dividing its membership into tactical committees, reported Patty Stanley, ServNet's vice president and owner of two ServNet locations: Carolina Auto Auction and Indiana Auto Auction.

And the committees are broken up as follows — each owner of the 31 ServNet auctions serves on one of five committees: Technology, Brand Awareness, Events, Sales and Special Projects.

Each committee is chaired by a member of ServNet's Board of Directors, officials explained.

"In forming the committees, our goal is to offer even greater opportunities for ServNet's auction owners to be involved in the important areas of business that affect ServNet as a whole, as well as to drive ServNet's operations," said Stanley.

"Every ServNet owner's voice is important to the success of our organization, and as the number of ServNet auctions has grown, we want to ensure that the owners continue to influence the decisions that affect ServNet's business environment and the marketplace," she explained.

Stanley also shared the committees are already making moves within ServNet.

She noted that, thanks to the Technology Committee, ServNet "will soon have an analytics program in place to provide auction customers with meaningful data from both individual auctions and the group as a whole."

As for the Sales Committee, Stanley reported it has  recently completed an analysis of the top 20 US Commercial accounts, in an effort to more accurately identify their selling locations and market areas. Also, the Brand Awareness Committee, led by Stanley, recently produced a ServNet Directory, which will be distributed at the CAR conference in March.

"The new committee structure is an exciting step forward for the ServNet auction group, which has encouraged new levels of innovation and the sharing of best practices among the ServNet auctions," said Stanley.

"ServNet continues to grow, and its impact on the business of buying and selling cars continues to expand," concluded Stanley. "We continue to prove that we differ from the rank and file of the other auctions in our industry. With our commitment to our businesses, our years of experience, and our ability to make the best business decisions for our customers, ServNet owners are certainly better equipped to serve individual customers than the chain auctions are, and our alliance with the other ServNet auctions make us better able to conduct business on a national scale than a single-point location."
 

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