Mastering special orders
As we recently discussed, idle inventory is trending up for almost all dealerships and manufacturers. Special orders can be one of the biggest contributors to an increase in stock...
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.
Successful parts Inventory management is a delicate balance of having all the parts you need without overstocking and holding onto obsolete parts. Your fill rate can be a fantastic indicator of whether your inventory has enough width in the right areas to...
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.
As we recently discussed, idle inventory is trending up for almost all dealerships and manufacturers. Special orders can be one of the biggest contributors to an increase in stock...
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In our work with the parts inventories of hundreds of dealerships across the country, we’ve gained valuable insight into industry-wide trends and their causes. For quite some...
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The jury’s out on the state of the US economy, but most think a recession is coming- if not already here. Unfortunately, recessions are a predictable and somewhat normal part of...
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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....
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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...
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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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We talk a lot over here about being proactive vs reactive. The basic idea is that if you’re constantly stuck in the muck of emergencies in your parts department, it’s impossible...
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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,...
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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