Receive Full No-Charge Access to This Resource
Sign Up for a FREE 30-Day Trial and we will register you for this live event!
Plus Provide Member Log In Access to Over 300 other Online Dealership Management Topics, Reports, and Related Resources!
Parts Management: Forced Stock Identification and Control
Featuring: Chuck Hartle’ of PartsEdge
Air Date: November 10, 2022
1pm Eastern/ 12pm Central / 11am Mountain / 10am Pacific
Program Length: 30 minutes
Forced Stock has a nasty habit of sitting on the shelf and ultimately becoming Obsolete. Early Identification of the true sources of Forced Stock can help you manage this trend effectively…
In this workshop for Parts Managers Guru Chuck Hartle’ examines the causes of “Forced Stock” in your inventory and how to detect it early so that you can lessen its impact on Obsolescence.
Chuck will discuss ways to manage:
Over-ordering by Technicians
Automatic Stock Replenishment (ASR) Programs making the problem worse
Returns from body shops and other wholesale customers contributing to the losses
The customers failure to return for the actual repair
Training of Service Advisors and Techs to lessen impact of “ordering error”
Your “gut instinct” causing needless speculation and ultimate obsolescence losses