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The Importance of measuring inventory turns

The Importance of measuring inventory turns

by PartsEdge | Jun 27, 2023 | dealerships, Parts Inventory Management, dealership, inventory management, inventory turns
Today, we delve into an essential topic for parts managers: measuring inventory turns. A thriving parts department is essential for any dealership, and this metric can give you a LOT of information about your parts department, especially when monitored...
Navigating changing manufacturer guidelines

Navigating changing manufacturer guidelines

by PartsEdge | Jun 6, 2023 | dealerships, Parts Inventory Management, dealership, dealership manufacturer
As a parts manager, staying up-to-date with changing manufacturer guidelines is crucial for maintaining a competitive edge in the automotive industry. In today’s fast-paced environment, where technological advancements and industry regulations evolve rapidly,...
Tips for effective parts and service department management

Tips for effective parts and service department management

by PartsEdge | May 8, 2023 | Parts Inventory Management
When it comes to running a successful dealership, the parts and service operation is often overlooked. However, it is an essential component of any dealership’s success, and parts and service managers can play a huge role in the success of overall dealership...
Improving communication in your parts department

Improving communication in your parts department

by PartsEdge | Apr 25, 2023 | dealerships, Parts Inventory Management, dealership, communication
The parts department is an integral component of any dealership, ensuring customer satisfaction and keeping vehicles on the road. Unfortunately, many parts departments struggle with communication issues that can result in customer frustration, lost sales, and...
Unlocking infinite growth with online sales

Unlocking infinite growth with online sales

by PartsEdge | Apr 10, 2023 | dealerships, Parts Inventory Management, dealership
In the past few years, we’ve witnessed an important shift in thinking amongst dealers to appreciating just how much parts and service produces profit and overall dealership health. After all, parts and service departments are responsible for producing 49.6%...
Minimizing idle stock

Minimizing idle stock

by PartsEdge | Mar 14, 2023 | dealerships, Parts Inventory Management, dealership
Idle stock can clutter inventory shelves and drag down overall parts department health. Creating a systematic plan to identify and remove idle inventory is key to keeping things moving smoothly. In many cases, we find idle inventory originating from...
Most frequently asked parts management questions

Most frequently asked parts management questions

by PartsEdge | Feb 27, 2023 | dealerships, Parts Inventory Management, dealership
We get lots of questions about how to improve inventory health and how PartsEdge helps. Here are the most common questions and answers plus tips and tricks for further optimization.
Parts department trends of 2022

Parts department trends of 2022

by PartsEdge | Jan 10, 2023 | dealerships, Parts Inventory Management, Automotive Industry, dealership
With staffing, parts, and new car shortages, increasing costs, and ever-changing protocols, parts departments have evolved immensely since 2020. 2022 was no exception with constraints leading to innovation, breakthroughs, and new priorities across the board....
Navigating manufacturer programs

Navigating manufacturer programs

by PartsEdge | Dec 20, 2022 | dealerships, Parts Inventory Management, dealership, manufacturer replenishment program, automatic replenishment program
Manufacturer ASR Parts Programs are typically advertised to dealerships as a way to achieve higher levels of service and potentially higher profits with the promise of less work for parts management. Some manufacturer programs guarantee the return-ability of...
The obsolescence domino effect

The obsolescence domino effect

by PartsEdge | Dec 8, 2022 | dealerships, Parts Inventory Management, dealership
Every parts operation deals with obsolescence, and while there any many great strategies for discarding already accumulated obsolescence, there’s no cure quite like prevention. Even now, there are parts in your inventory that don’t meet stocking criteria and...
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