How to forecast obsolete inventory

How to forecast obsolete inventory

In the parts business, it’s inevitable that there will be a certain amount of obsolescence. While return allowances can help offset the cost of discarding obsolete stock, a strategy that doesn’t take into consideration where obsolescence is coming from will result in...
How to support your Parts Manager

How to support your Parts Manager

In our 20+ years of working in this industry a lot has changed but one thing that has remained consistent: parts managers have A LOT on their plate. Not only that, with the increasing complexity of the DMS, manufacturer programs, parts shortages, and online sales the...
How to retain parts department employees

How to retain parts department employees

In a recent poll on LikedIn, we asked our Parts Managers followers which they wish they had more of; Time, Staff, Tools, or Education. A staggering 46% said they wished they had more staff! With the dawn of the hiring crisis and the great resignation, it comes as no...
What makes a great parts manager

What makes a great parts manager

Thinking about becoming a Parts Manager or looking to identify a good hire for the position? This one’s for you. While everyone has a unique way of approaching the job, there are a few common traits that are the markers of someone who will thrive in the Parts Manager...