We’ve noticed a definite trend of increasing obsolescence across the industry. For some time, the average for non-manufacturer guaranteed obsolescence has hovered around 10-12%, recently, it’s been trending upward towards 16-20%. We took a closer look to shed light on...
In 2017 Walmart made a relatively silent but massive wave in the automotive industry by partnering with CarSaver, a digital automotive marketplace. With this partnership, they expanded their in-store and digital offerings to include car buying with all the ease of...
Months-no-receipt and months-no-sales are critical to review when managing your inventory. Today we’ll go over how you can manage them properly to minimize obsolete and aged inventory. For years we’ve measured our inventories by the months-no-sale-report. It was the...
Despite recent press highlighting the difficulties and potential delays in self-driving technology, self-driving cars are still inevitable. The mainstream launch of these vehicles is certain to impact all sectors of the transportation industry, but some will likely...
We’re excited to launch Parts Education with Chuck Hartle! This series of free parts education webinars from our resident parts expert Chuck Hartle will help you take your parts department to the next level. This time, Chuck discusses manufacturer replenishment...
In perhaps some of the boldest predictions we’ve seen about the future of the automotive industry, Tony Seba, a Lecturer in Entrepreneurship, Disruption and Clean Energy at Stanford University, claims the following will be true by 2030. All new energy will be provided...
Becky Eubank Project Manager John Elway Auto Group PartsEdge Client Since: 2014 “PartsEdge is a great asset with anything regards to parts (and how it affects accounting). They resource all of our inventory on a daily basis. They also generate and input our...
Amazon CEO Jeff Bezos told his employees he’s ‘very excited’ about the automotive industry following a $700 Million dollar investment in electric vehicle start-up Rivian. Amazon has also invested in Aurora, a self-driving tech start-up, continuing their trend of...
Have you thought about categorizing your Fill Rate into distinct sale areas? If you haven’t, now might be a good time to start. Typically, fill rates are manipulated in several of the DMS systems and when you really think about fill rates, we like to think of them is...
Greg Diamond Parts Manager Volkswagon SouthTowne PartsEdge Client Since: 2018 “PartsEdge has been an enormous and much-needed help in our parts department. I joined Volkswagen SouthTowne about a year ago, mere days before PartsEdge started working with us here....
