Blog - PartsEdge

Inventory Reduced by Nearly 50% at Empire Auto Group

Written by PartsEdge | Aug 15, 2024 7:00:00 AM

How Alex Schneider Gained Control of Inventory and Improved Oversight

INDUSTRY

Automotive Fixed Operations

CHALLENGE

Empire Auto Group needed stronger inventory oversight after operating without a seasoned parts manager. Alex Schneider was responsible for managing multiple priorities while maintaining visibility into the parts department, creating a need for better reporting, sourcing support, and inventory control. 

RESULTS

Total inventory was nearly cut in half. Forced stock, which consists of special-order parts that entered inventory without ongoing customer demand, was reduced by $151,622, helping the parts department gain greater control over inventory investment. Meanwhile, obsolete inventory dropped by $313,354.

KEY PRODUCT

PartsEdge

50%
TOTAL INVENTORY REDUCED
152K
FORCED STOCK REMOVED 
313K
OBSOLETE ELIMINATED 

“Having PartsEdge as a backup to help with reporting and sourcing made a huge difference. It was challenging to be everywhere at once, but PartsEdge allowed me to stay mobile while still keeping an eye on the store.”

Alex Schneider

Parts Director, Empire Auto Group

About your Customer

As Parts Director for Empire Auto Group, Alex Schneider was responsible for overseeing a busy parts operation while balancing multiple responsibilities across the dealership. Without an experienced manager dedicated to the department, maintaining visibility into inventory, reporting, and sourcing became increasingly difficult. Alex needed more than software—he needed a knowledgeable partner that could help support the operation while allowing him to focus on leading the business.

The Challenge

Managing inventory without experienced support created unnecessary complexity throughout the department. Alex couldn't be everywhere at once, and without consistent reporting and monitoring, maintaining control over inventory and preventing future issues became increasingly difficult. The dealership needed better oversight, improved reporting, and a proactive approach that would keep inventory healthy while supporting day-to-day operations. 

The Solution

PartsEdge became an extension of the Empire Auto Group team by providing ongoing inventory reporting, sourcing support, and continuous monitoring of forced and obsolete inventory. With better visibility into inventory performance and expert guidance, Alex gained the confidence to make informed decisions while maintaining oversight of the department, even when managing multiple priorities. 

The Results

The improvements were significant. Empire Auto Group reduced its total inventory by nearly 50%, lowered forced stock by $151,622 and reduced obsolete inventory by $313,354. Beyond the measurable inventory improvements, Alex gained better oversight of the department, stronger reporting, and the confidence of knowing inventory was being monitored proactively every day. 

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