Comparing sales versus receipts
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...
Read Article →Insights for Parts Managers and Dealership Leaders on inventory performance, stocking, pricing, DMS strategy, OEM programs, and putting more inventory dollars to work.
Our latest perspective on the challenges, opportunities, and decisions shaping dealership parts departments right now.
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....
Read the Article →Explore practical articles on parts inventory management, stocking, obsolescence, DMS strategy, OEM programs, pricing, and the decisions that drive dealership parts performance and profitability.
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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
Read Article →Go beyond the articles and see how Parts Managers and dealership leaders are improving inventory performance, reducing obsolescence, strengthening DMS structure and putting more inventory dollars to work.
See how dealerships are using PartsEdge to improve productive inventory, reduce idle and obsolete stock and create stronger inventory performance.
Explore Client Success →Dig into measurable dealership results — from reductions in obsolescence and idle inventory to improvements in productive inventory and gross profit opportunity.
See Dealership Results →Start with a complimentary PartsEdge Inventory Analysis to see your inventory mix, aging, manufacturer influence and where opportunities may be hiding beneath the usual high-level numbers.
See how PartsEdge can work alongside Parts Managers to improve inventory visibility, control obsolescence and put more dealership inventory dollars to work.
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