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...
by PartsEdge | Dec 18, 2019 | Automotive Industry
AI is the topic of the decade. What (and who) will it replace? How will it evolve industries? Will it really help or hurt society as a whole? While we can’t speculate on the larger philosophical questions of AI, we can theorize a bit about how AI will impact our...
by PartsEdge | Nov 21, 2019 | Automotive Industry
Dealerships looking to adapt sustainability with the changing times face a tricky challenge; they must adapt before the old technology becomes obsolete, but not before the kinks are worked out of the emerging tech. With the current landscape of large-scale dealership...
by PartsEdge | Oct 22, 2019 | Automotive Industry
One thing experts across the automotive retail industry can agree on is that things are changing…and they’re changing fast. The trends of consolidation, an increased autonomous presence, digital dealerships, and shared mobility are all impacting the climate...
by PartsEdge | Oct 17, 2019 | Parts Inventory Management
We have had several dealers over the past week or so inquire about the inventory reduction that has been caused by the current GM Strike. As you are aware, GM and the UAW have come to a tentative agreement and a union vote should be pending as we write...
by PartsEdge | Oct 8, 2019 | Idle Inventory
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...
by PartsEdge | Sep 26, 2019 | Automotive Industry
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...
