by PartsEdge | Dec 14, 2018 | 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...
by PartsEdge | Nov 28, 2018 | 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....
by PartsEdge | Jun 7, 2018 | Idle Inventory
Every dealership has to deal with parts obsolescence. Parts that haven’t sold in 12 (or sometimes 16) months are obsolete and clogging up your inventory. Even if it costs money in the short term, finding ways to get rid of this inventory is crucial for maintaining a...
by PartsEdge | Aug 10, 2017 | Idle Inventory
Last month we shared an ebook on Forecasting Obsolete Inventory. In case you missed it, you can view it by clicking here. Did you calculate your technical obsolescence? If so, you now know how much your obsolescence will grow each month moving forward. We recommend...
