Industry changes have exposed parts operations to new vulnerabilities. It’s time for a new plan. This 7-week workshop will help you strengthen your inventory control, pricing strategies, and overall management skills.

You will learn:

• Inventory Management and Planning Tools – Discover the best practices to improve inventory control and profitability.
• Inventory Control – Source (Stocking Group) Controls and why they’re important. Create best practices customized to your store to help you improve inventory control and profitability.
• Sales vs Receipts – We’ll walk you through comparing Months-No-Sale and Months-No-Receipt to allow you to better manage your inventory and avoid overstocking parts that take up valuable shelf-space and capital.
• Daily, weekly, and monthly checklists for success – PLUS a step by step guide and worksheets for monthly reconciliations.
• Auditing your ordering process, fill rates, and lost sales – Learn common mistakes and simple solutions.
• Sourcing and Control – Demystifying sources and developing phase-in criteria that suites your unique demand.
• Ideal Pricing Formulas – Dive deep into gross profit generation, the impact of Menu/Grid pricing, fine-tune your Matrix escalators and find what fits best for your organization.
• Wholesale Business – Learn proper categorization for wholesale clients and tricks for sustainable and profitable wholesale sales

Plus an open forum for your questions!