Have you thought about categorizing your Fill Rate into distinct sale areas? If you haven’t, now might be a good time to start.

Need more Parts Training? We’re now offering live workshops!

With so many factors to monitor, it can be difficult to know where to start to improve your inventory health. The good news is by paying close attention to just 5 categories, you can establish a benchmark and begin the journey towards inventory success!

Utilizing sources correctly can make or break your inventory success. Sources connect to everything in your DMS including pricing (matrix/escalators), phase-in and phase-out criteria, sale accounts, source accounting, days supply, price code adjustments, and...

Do you ask yourself if you should be in the wholesale business?

Parts inventory management in today’s dealerships is ever evolving. With all the variables involved in inventory control, how do you produce the most efficient and profitable parts inventory?

We get lots of questions about how to improve inventory health….here are some of our most requested tips and tricks!

Several times over the past month we have had inquiries on how to purge obsolete inventory. More specifically, how can the dealership parts department sell the parts on an invoice without affecting the gross profit percentages overall?

There’s no better time than the end of a year to review your setups with and make sure your source accounting and sale accounts being set up properly. We consistently get calls about gross profit being low for a specific Sale Account or Asset Account going...

If you’re a parts manager on an auto-replenishment program such as GM’s RIM program or Chrysler’s ARO, one great question to ask yourself is “Do I totally rely on the replenishment program to restock my inventory shelves?”