by PartsEdge | Jun 9, 2021 | Parts Inventory Management
Many industries in the United States are experiencing an absence of available and qualified new employees, and the auto-retail industry is no exception. Stemming from the COVID-19 pandemic, dealerships all over the country are reporting a crisis in finding qualified...
by PartsEdge | May 13, 2021 | Parts Inventory Management
When’s the last time you ran a physical with an outside company on your parts inventory? For many dealers, running one yearly is doing well. While yearly physicals are a great start, bi-yearly is even better for valuable insights into your inventory. It’s...
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 | Apr 29, 2021 | Parts Inventory Management
Times have changed when it comes to inventory management. Dealerships all over the country are experiencing a trend of increasing obsolescence and damaged profit margins due to the ever-increasing complexity of their inventories, and with no extra support. It makes...
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...