Chuck Hartle, co-founder of PartsEdge, presented at a Texas Automotive Dealer Association meeting in Austin, TX in earlier in the month. We want to thank Tim Crenwelge and the TADA Staff for inviting us to present at the Parts Workshop to a large group of Dealers, General Managers, and Parts Managers. It was a first class hotel for a workshop. We had a great time with a great group of people!
The Parts Workshop highlighted Chuck’s “Your Parts Inventory: Trash or Treasure” and “The Matrix? Maximizing Parts Profits” presentations.
In “Your Parts Inventory: Treasure or Trash”, we identify different types of idle inventory, predicting future obsolete inventory and methods for purging idle inventory.
“The Matrix? Maximizing Parts Profits” identifies and analyzes current pricing strategies within the parts operation reviewing manufacturer margins, change/update existing sales setting, monitoring, and reviewing reporting methods to measure sales mix and profit percentages.