by PartsEdge | Aug 26, 2021 | DMS Tips, Idle Inventory, Parts Inventory Management
Parts Managers wear a lot of hats. From managing employees to having the right parts when you need them as well as creating a lean and profitable inventory, there’s a lot to think about. Especially for those new to the position, it can all be a bit overwhelming at...
by PartsEdge | May 6, 2021 | Idle Inventory, Parts Inventory Management
Obsolescence left unaddressed can tank profits, take up precious shelf space, and harm service efficiency. Managing obsolescence is paramount for turning the second largest investment a dealer makes (the parts inventory) into profit. Streamline your obsolescence,...
by PartsEdge | Mar 11, 2021 | DMS Tips, Idle Inventory, Parts Inventory Management
For new Parts Manager new to the position, it can be difficult to know where to start. Between managing the DMS, manufacturer programs, employees, customers, and everything else, Parts Managers have a lot on their plate. Over the past 20+ years, we’ve helped lots of...
by PartsEdge | Jan 14, 2021 | Idle Inventory, Parts Inventory Management
When it comes to selling idle inventory or purchasing needed parts, most dealers are faced with many options and it can be difficult to know what to use when. In order to discover the best match for your dealership needs, we’ll start by breaking down the two main...
by PartsEdge | Oct 14, 2020 | Idle Inventory, Parts Inventory Management
Increasing service levels in your parts department isn’t just good business, it can also make a huge impact on overall dealership profit. By focusing on some key factors and fostering great communication between parts, service, and customer care, you can...
by PartsEdge | Oct 8, 2019 | Idle Inventory
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...
