by PartsEdge | Sep 17, 2020 | Automotive Industry
Founded in 2013, Carvana is known for its car vending machines and claims to make buying a car as simple as ordering something on Amazon. They’ve had a pretty good year thus far with customers flocking to contactless options across industries. While the Carvana model...
by PartsEdge | Sep 3, 2020 | Parts Inventory Management
Effective inventory management makes all the difference not only in your parts department but also in your dealership as a whole. After all, the parts inventory is the second-largest investment dealers make. According to NADA, dealerships service and parts sales...
by PartsEdge | Aug 20, 2020 | Automotive Industry
We’ll begin by saying this: no one has a crystal ball. While we can investigate what’s happened so far and the context of the industry before COVID-19 to draw predictions, the true lasting effects on the industry are unlikely to be known for a long time. Our goal is...
by PartsEdge | Jul 23, 2020 | Automotive Industry
Self-driving technology has always faced a (thus far) impassable problem: how can a computer mirror the complexity of human reasoning and perception? Truly the issue is even bigger than that. Humans make mistakes that result in horrible accidents, but we accept that...
by PartsEdge | Jun 23, 2020 | Automotive Industry
Dealerships are experiencing constriction across the country. Even for those who have yet to be affected by the long-term economic damage of the COVID-19 pandemic, the sentiment is the same: ways of doing business will be forever changed. Short of laying off...
by PartsEdge | May 22, 2020 | Automotive Industry
The COVID-19 pandemic has impacted nearly every industry in a big way. While there are some clear winners and losers, the Automotive industry is still existing in a grey area. We explore how the industry has already been affected and look forward to make some educated...
by PartsEdge | Feb 27, 2020 | Automotive Industry
Studying current trends to predict the future can be a tricky pursuit. With near-constant technological advances and the unpredictability of outside factors, it can be difficult to decipher what’s a long-term shift and what is, well, merely a trend. This month we’ll...
by NADPE | Feb 19, 2020 | Parts Inventory Management
We’re excited to feature NADPE as a guest educator on our blog! To learn more about NADPE, click here. Enjoy! On average, idle and obsolete parts inventory comprise 30% of inventory on the shelves of every dealer in North America. Idle parts include...
by Mike Bachara | Jan 28, 2020 | Parts Inventory Management
We’re excited to feature Mike Bachara from Pro Count West as a guest educator on our blog! Mike’s insights into annual physical inventory reviews are a huge value for any parts department. To learn more about Mike and his impressive resume, click...
by PartsEdge | Jan 28, 2020 | Automotive Industry
We’ve explored how rideshares could positively impact dealerships in the past, but Reedman Toll Auto Group is creating a real-life precedent by developing a ride-share focused venture. While the Reedman Toll model does require significant time, energy, and capital...
