RIM Optimization Strategies to Drive Results and Reduce Obsolescence
When it comes to managing parts inventory, RIM (Retail Inventory Management) programs are designed to help dealerships maintain optimal stock levels by automating the replenishment process. However, without careful oversight, RIM can sometimes lead to excess...
The Role of the Parts Department in Dealership Revenue
In the competitive automotive industry, dealerships face the challenge of maintaining profitability while delivering exceptional customer service. Among the key departments contributing to this balance, theparts departmentoften plays a role that is...
How Inventory Carrying Costs Can Eat Into Your Bottom Line and What You Can Do About It
When it comes to managing inventory, the true cost is often more than meets the eye. Inventory carrying costs—things like storage, insurance, and even the capital tied up in unsold inventory—can silently take a huge bite out of your profits. In fact, these...
Integrating Automation with Expertise for Optimal Inventory Management
by
Kaylee Felio |
Sep 6, 2024 |
Customized Solutions,
DMS,
Dealership Solutions,
Fixed Ops,
High-Performance,
Dealership Profit
As the inventory management landscape continues to evolve, businesses are looking for innovative ways to optimize their processes and maintain a competitive edge. At PartsEdge, we understand the importance of balancing cutting-edge automation with expert...
Understanding Parts Pricing Strategies—Why They Aren’t Working
Why Your Parts Pricing Strategy Might Be Failing
The Cost Savings with a Leaner Inventory and How PartsEdge Can Help
The Cost Savings with a Leaner Inventory and How PartsEdge Can Help In the automotive industry, managing parts inventory efficiently is crucial for profitability. A leaner inventory approach focuses on reducing idle stock, leading to significant cost savings...
Alex Schneider's Success Story: A Game-Changer for Empire Auto Group
by
Kaylee Felio |
Aug 17, 2024 |
At Empire Auto Group, the challenges of managing inventory effectively were mounting. Alex Schneider, the Parts Director, found himself grappling with a lack of seasoned management and the daunting task of overseeing multiple facets of the business...
Transforming Inventory Management: Enhancing Dealership DMS with PartsEdge
In the fast-paced world of automotive parts management, staying ahead of the curve is crucial. At PartsEdge, we're committed to providing our clients with cutting-edge solutions to streamline their operations and enhance efficiency. We understand the...
PartsEdge High Performer - Rod Baker Ford
Driving Success in the Parts Department