Reduce this trend of increasing obsolescence

Reduce this trend of increasing obsolescence

We’ve noticed a definite trend of increasing obsolescence across the industry. For some time, the average for non-manufacturer guaranteed obsolescence has hovered around 10-12%, recently, it’s been trending upward towards 16-20%. We took a closer look to shed light on...
Reducing Idle Inventory

Reducing Idle Inventory

Have you ever noticed that parts will sell well at one store and not that well at another store just a few miles away? We’re seeing an increasing trend of Dealerships stocking more and more parts,  usually leading to higher levels of idle inventory. When you have more...
How to Categorize Idle Inventory

How to Categorize Idle Inventory

Want to accurately classify idle inventory? Here’s our breakdown of types of idle inventory plus solutions for removal and prevention.   Idle Inventory Recap: Most dealerships classify excess, forced, technical obsolescence, and obsolescence as idle inventory....