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5 things new parts managers need to succeed

5 things new parts managers need to succeed

by PartsEdge | Aug 9, 2022 | dealerships, Parts Inventory Management, dealership
Labor shortages and a shifting market have meant many dealerships have promoted or hired new-to-the-position parts managers, resulting in a dire need for training and support. We’ve said it once and we’ll say it again: the role parts managers play is crucial...
Coping with Constraints | The Future of the Industry

Coping with Constraints | The Future of the Industry

by PartsEdge | Jul 26, 2022 | dealerships, Parts Inventory Management, dealership, constraint, labor shortage, hiring crisis
Unexpected challenges are truly the new normal for almost all dealers. Between labor and part shortages, increasing costs, and pandemic protocols, not one operation we’ve spoken with has made it through the past two years completely unscathed or unchanged....
Comparing sales versus receipts

Comparing sales versus receipts

by PartsEdge | Jul 12, 2022 | dealerships, Parts Inventory Management, dealership
For Parts Managers, it can be difficult to keep in mind both a sales and investment perspective on parts. In the day to day, immediate demand trumps all else- sometimes resulting in an overall inventory that is sluggish, overstocked, and lacking in width....
Signs your parts department is under-supported

Signs your parts department is under-supported

by PartsEdge | Jun 28, 2022 | dealerships, Parts Inventory Management, dealership
Parts departments are responsible for producing nearly 50% of overall dealership profit yet, in our experience, they are often undervalued, neglected, and under-supported. As the market has shifted in the wake of the pandemic, more dealers seem to be...
Recalls | The Future of the Industry

Recalls | The Future of the Industry

by PartsEdge | May 24, 2022 | dealerships, Automotive Industry, dealership
In 2021 there were more recalls than previous years, but the good news is the total number of vehicles involved was less than in the past. Nonetheless, recalls are an unavoidable and ongoing challenge for manufacturers, dealers, and parts departments. One of...
4 Things to Consider When Changing your DMS

4 Things to Consider When Changing your DMS

by PartsEdge | May 10, 2022 | dealerships, Parts Inventory Management, dealership, DMS, changing dms
Is your dealership considering a DMS switch? There are lots of great reasons to seek out a better fit with your DMS. Better overall performance, clearer inventory reporting, improved support, and more service management tools are just a few of many reasons to...
How to advocate for support in your Parts Department

How to advocate for support in your Parts Department

by PartsEdge | Apr 26, 2022 | dealerships, Parts Inventory Management, dealership, advocate for support
In a recent poll we conducted on LinkedIn asking Parts Managers if they had support they need to focus on growth, a staggering 40% responded no! While it’s understandable that so many managers are struggling, especially with parts shortages and the ongoing...
How to market your dealership digitally

How to market your dealership digitally

by PartsEdge | Apr 13, 2022 | dealerships, Automotive Industry, dealership, dealership marketing, digital marketing, digital dealership marketing
It’s no secret we’re in a digital age. Accelerated by the pandemic and ensuing social distancing, the digital marketplace is more expansive and necessary than ever. For dealerships, a stellar digital presence is paramount to success in the emerging virtual...
The Electric Opportunity | The Future of the Industry

The Electric Opportunity | The Future of the Industry

by PartsEdge | Mar 23, 2022 | dealerships, Automotive Industry, dealership, electric cars, automotive, future of automotive
For the first time in history hybrid, plug-in hybrid, and electric light duty vehicles accounted for 11% of the sales in the fourth quarter of 2021. While much of this increase can be attributed to manufacturers increasing the number of hybrid and electric...
Customer loyalty: the key to long term dealership success

Customer loyalty: the key to long term dealership success

by PartsEdge | Mar 10, 2022 | dealerships, Parts Inventory Management, dealership, customer loyalty, customer service, customer retention
You’d be hard pressed to find a dealer who doesn’t acknowledge the importance of customer loyalty. But even so, many dealerships neglect to create a tangible plan or goals for their customer attraction and retention. It can be easy to assume that as long as...
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