At PartsEdge, we live and breathe parts. Here you’ll find the strategies, dealership success, and conversations driving profitability and innovation across Fixed Ops
NCM 20 Group in Whitefish Montana
The Future of the Industry: Utilizing Uber for your Dealership
Uber is appealing to dealerships in new and innovative ways by launching Uber Central, a platform that allows businesses to manage multiple rides at one time. The program allows customers to request, manage and pay for rides for others. In a statement, Uber...
The Future of the Industry: Data Driven Service
Last month we discussed the impact of an ever-increasing amount of rideshare drivers on dealerships service departments. To summarize, rideshare drivers will be putting more miles on their cars, thus they will need repairs more often, and, because their...
The Future of the Industry: Rideshare Financing & Service
Rideshares are now dominating taxi services and increase in popularity by the day, this increase in ride demand means an increase in drivers. Many of these drivers will need a new vehicle to meet the specifications of each rideshare service- typically newer...
The Future of the Industry: Infrastructure
Understanding the larger impact self-driving cars is, simply put, the most relevant way for anyone in the automotive retail industry to adapt with the times and gain clarity of an uncertain future. After all, autonomous vehicles will impact the auto retail...
The Future of the Industry: The Larger Impact of Self Driving Cars
Self driving cars are right around the corner, and they just might replace human operated vehicles both in safety and cost. Although the obvious first thought is how they will impact auto retail, there are many other industries that may be deeply altered by...
Future of the Industry: Software to Drive Your Dealership Forward
We just had the pleasure of attending NADA100, where we were repeatedly confronted with the assertion that providing an exceptional service experience is the most important factor in determining dealership profit. As it stands, however, the numbers show room...
Selling Parts Through A Parts Broker? How Do You Account For It?
Several times over the past month we have had inquiries on how to purge obsolete inventory. More specifically, how can the dealership parts department sell the parts on an invoice without affecting the gross profit percentages overall?
The Future of the Industry: Rideshares
Rideshare services like Lyft and Uber have dominated the discussion around the transportation industry ever since they first came into popularity in a few years ago. Many wonder how they will impact car sales and services and, while outcome opinions vary,...
Source Accounting: Are Your Sales Accurate?
There’s no better time than the end of a year to review your setups with and make sure your source accounting and sale accounts being set up properly. We consistently get calls about gross profit being low for a specific Sale Account or Asset Account going...
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