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Fred Beans Parts Specialists talk Inventory Management and Navigating 2020

by PartsEdge | Jan 6, 2021 | dealerships, Parts Inventory Management, Automotive Industry, dealership, fred beans
KF: My name’s Kaylee Felio and I’m the sales manager here at PartsEdge. I also have resident parts expert Chuck Hartle, one of the founders of PartsEdge here too. We’re joined today by Denny and Mick with Fred Beans and we’re going to talk about what it’s...
2020 in Review | The Future of the Industry

2020 in Review | The Future of the Industry

by PartsEdge | Dec 28, 2020 | dealerships, Automotive Industry, dealership, automotive, contactless, future of automotive, 2020 car sales, 2020 review, 2020 automotive sales, 2020 automotive
In March it seemed like there might be no bottom to the freefall for automotive sales. In the first quarter of 2020, new car sales were down by a whopping 30%, the greatest drop since the recession of 2008. Starting in June, the path to recovery started to...
5 things successful Parts Managers monitor weekly

5 things successful Parts Managers monitor weekly

by PartsEdge | Dec 14, 2020 | dealerships, Parts Inventory Management, dealership
Parts Managers are tasked with such a wide variety of responsibilities. While all areas of your parts department require regular attention, monitoring these 5 key aspects weekly can help you reduce idle inventory, increase profits, and remain focused on what...
Autonomous Lanes | The Future of the Industry

Autonomous Lanes | The Future of the Industry

by PartsEdge | Nov 24, 2020 | dealerships, Automotive Industry, dealership, autonomous, autonomous lanes, automotive, contactless, future of automotive
Most experts have assumed the larger rollout of autonomous vehicles would need to be accompanied by an ambitious plan for safe testing, and now it seems that mechanism has arrived in the form of an autonomous-only lane running between Ann Arbor and Detroit,...
Ford RIM and Hyundai’s switch from Smartstock to PartsEye

Ford RIM and Hyundai’s switch from Smartstock to PartsEye

by Chuck Hartle | Nov 12, 2020 | dealerships, Parts Inventory Management, dealership, ford, hyundai
With Ford’s rollout of RIM and Hyundia’s switch from Smartstock to PartsEye, we explore how dealers might make the transition with ease as well as best practices for managing any Manufacturer program successfully.
How to increase the ROI in your parts inventory and in your service specials with PartsEdge and FixedOPS Marketing

How to increase the ROI in your parts inventory and in your service specials with PartsEdge and FixedOPS Marketing

by PartsEdge | Nov 5, 2020 | dealerships, Parts Inventory Management, dealership
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Land Travel and Leisure | The Future of the Industry

Land Travel and Leisure | The Future of the Industry

by PartsEdge | Oct 29, 2020 | dealerships, Automotive Industry, dealership, automotive, contactless, future of automotive
Cars have been a symbol of independence from the dawn of their invention. In the age of COVID-19, this root purpose is more relevant than ever. As individuals seek safer ways to travel and socially distanced leisure, new opportunities arise for dealers and...
How to increase service levels in your parts department

How to increase service levels in your parts department

by PartsEdge | Oct 14, 2020 | dealerships, Parts Inventory Management, dealership, Idle Inventory
Increasing service levels in your parts department isn’t just good business, it can also make a huge impact on overall dealership profit. By focusing on some key factors and fostering great communication between parts, service, and customer care, you can...
Competing with Carvana | The Future of the Industry

Competing with Carvana | The Future of the Industry

by PartsEdge | Sep 30, 2020 | dealerships, Automotive Industry, dealership, carvana, automotive, competecarvana, contactless, future of automotive
Founded in 2013, Carvana is known for its car vending machines and claims to make buying a car as simple as ordering something on Amazon. They’ve had a pretty good year thus far with customers flocking to contactless options across industries. While the...

Is Excess Stock Costing Your Dealership?

by PartsEdge | Apr 13, 2018 | inventory, excess stock, dealership, excess inventory, parts department, parts operation, Idle Inventory
Excess stock, in a typical parts operation, is often overlooked and very rarely attacked for the reason that most excess inventory consists of faster moving items such as oil filters, air filters, spark plugs, cabin filters, and brake pads. It’s easy to...
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