by PartsEdge | Nov 27, 2023 | Parts Inventory Management
In the dynamic landscape of the automotive industry, parts managers are always grappling with the unpredictable challenges that disrupt the flow of the supply chain. Recent events, like the UAW strike and other localized issues, have added a layer of complexity...
by PartsEdge | Oct 30, 2023 | Parts Inventory Management
As any seasoned business owner knows, the backbone of sustainable profitability lies in the meticulous scrutiny of your pricing strategy. Within the automotive parts industry, this process is further intensified due to the complex interplay of various factors. Pricing...
by PartsEdge | Oct 16, 2023 | Parts Inventory Management
A recent report from S&P Global Mobility, as featured on Reuters.com, suggests early signs of a market deceleration due to rising interest rates, credit tightening, and a gradual decline in new vehicle pricing. While it’s far too soon to call exactly how things...
by PartsEdge | Oct 2, 2023 | Parts Inventory Management
When the initial excitement of driving a brand-new car fades and the factory warranty clock starts ticking, retaining parts and service customers becomes a pivotal challenge for dealerships. As warranties expire, vehicle owners often seek alternative service...
by PartsEdge | Sep 12, 2023 | Automotive Industry, Parts Inventory Management
The deadline for a potential worker strike by the United Auto Workers (UAW) is this Thursday, September 14th. Right now, the United Auto Workers (UAW) are in discussions with the Detroit Three automakers, namely Ford Motor, Stellantis (the parent company of Chrysler),...
by PartsEdge | Sep 5, 2023 | Parts Inventory Management
In the ever-evolving landscape of the automotive and manufacturing industries, the efficiency and effectiveness of a parts department play a crucial role in overall business success. From optimizing inventory management to embracing technological advancements,...
