March 2016

IBID – TTC Integration for Technology

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Technology Integration Outline

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Technology Integration Outline
Description Timeline
• Guided inspection system with tablet. Assessment on IBID System Done
• Benefit of Kensa system: Preparation for Kensa customisation Mar – Apr 2016
Phase 1:
Kensa System merging Apr – May 2016
a) Less dependence on human factors that prone to
(Inspectio error and fatigue. User testing May 2016
n) b) Standardise inspection manner
Go live May 2016
System Implementation in Jakarta Jun – Jul 2016
c) Easy to use, user friendly & customisable
Implementation outside Jakarta Jul – Aug 2016

• To present historical data of sold car price in auction, Kensa Go Live May 2016
based on parameters (grading, type, year, mileage) Data collection Jun – Aug 2016
• Benefit of market auction price database: Set up console for seller, buyer Jul 2016
Phase 2:
Market Price a) Provides a tool to recommend realistic price to seller Implementation of price database Aug 2016
Data b) Increase seller trusts to rely on IBID recommended
Base price and eventually trigger seller to supply more cars
c) Help customer to find cars that are suitable with their
preference, grading and budget

Kensa application in tablet Market price database contribution to increase success rate

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Technology Integration Outline
Description Timeline
• To increase sourcing from each New Car Dealers by Implementation of price database Aug 2016
sending inspector with mobile Kensa system and facilitate Set up TIC Console Aug – Sep 2016
used car disposal through car auction. Trial system connection Aug – Oct 2016
• Benefit of trade in center: Implementation Nov 2016
a) Increase number of car supply by engaging sourcing
directly to customers instead of depending on B2B
relationship

Phase 3: • Mechanism:
Trade in 1. New car customer visit new car dealers (NCD). To
avoid lost of sales, NCD offer trade in program where
Center
customer old car value can deduct new car price.
2. Customer old car is brought to IBID stand and will be
inspected using Kensa Inspection Mobile tablet.
3. Based on grading, IBID database will determine the
market price of the old car and IBID guarantee 80%
minimum price offer.
car to auction hall and issue guarantee letter to NCD
as down payment of new car sold. The new car is
then processed and delivered to customer.
5. The old car will be sold in auction hall (perhaps it
takes more than one auction). If the successful bid is
higher than minimum offer, IBID inform customer and
disburse the successful bid to NCD.
6. If the successful bid is lower than minimum offer, IBID
absorb the loss (statistically low chance since IBID
offer realistic market price based on database).

4. If customer agree with the price, IBID will bring the

• Live bidding system where customer can participate in Online auction platform preparation Nov – Dec 2016
auction from anywhere Trial system connection Nov ‘16 – Jan ’17
Phase 4: • Benefit of Online auction: User testing Jan 2017
Online Implementation Jan 2017
a) Widening IBID Buyer Scope
Auction
System b) Increase auction participation, boost price in auction
and eventually increase unit sold.
c) Break dominancy of single player in auction (JBA)
Flow Process – Kensa System (1/2)

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Flow Process – Kensa System (2/2)

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Flow Process – Market Price Database

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Flow Process – Trade In Center

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Flow Process – Online Auction

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