Many industries in the United States are experiencing an absence of available and qualified new employees, and the auto-retail industry is no exception. Stemming from the COVID-19 pandemic, dealerships all over the country are reporting a crisis in finding...

When’s the last time you ran a physical with an outside company on your parts inventory? For many dealers, running one yearly is doing well. While yearly physicals are a great start, bi-yearly is even better for valuable insights into your inventory. It’s...

Obsolescence left unaddressed can tank profits, take up precious shelf space, and harm service efficiency. Managing obsolescence is paramount for turning the second largest investment a dealer makes (the parts inventory) into profit. Streamline your...

Times have changed when it comes to inventory management. Dealerships all over the country are experiencing a trend of increasing obsolescence and damaged profit margins due to the ever-increasing complexity of their inventories, and with no extra support. It...

For new Parts Manager new to the position, it can be difficult to know where to start. Between managing the DMS, manufacturer programs, employees, customers, and everything else, Parts Managers have a lot on their plate. Over the past 20+ years, we’ve helped...

In the over 20 years we’ve been helping dealerships optimize their inventory one thing has always proven to be true: a data-driven inventory is a successful inventory. Calculating your parts inventory turns is fundamental for creating a healthy, profitable...

When it comes to selling idle inventory or purchasing needed parts, most dealers are faced with many options and it can be difficult to know what to use when. In order to discover the best match for your dealership needs, we’ll start by breaking down the two...

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...