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Auto Dealership Parts Inventory Management Guide

This Parts Operations Guide Provides You With a Deep Dive Into the Workings of Today’s Dealership Parts Department

 

In spite of OEM-controlled Stock Replenishment Programs, losses through obsolescence persist… in large measure… still caused by the same inventory control issues.

"By The Numbers"

Gain Better Control of the Losses Still Generated Due to Obsolescence

This new DealersEdge Guide provides you with a deep dive into the numbers, reports and processes of a well-run parts department focused on providing the parts needed by your Service Department on a timely basis… Without falling into the habits that most often result in “forced stock” and parts you cannot sell or return “True Obsolescence”

 

Price $297 Member Price $197
Shipping is FREE to U.S. & Canada

When questions surface you will have a ready reference to gather details and craft a solution…

TABLE OF CONTENTS

1 Health Check for the Auto Dealership Parts Department

  • Are OEM replenishment programs really designed to benefit the dealership or the OEM?

  • What are the 6 Key Measurements of a Health Parts Department?

  • Are you recovering enough for the parts needed for Factory Warranty Repairs?

  • How would you grade the efficiency and profitability of your Parts Department?


2 Checklists for a Highly Effective and Profitable Parts Department​

  • Daily Checklists - Parts Added to Inventory, Special Order Reporting, Override Reporting, Daily Sales Report by Sale Account

  • Weekly Checklists - Inventory Mix Reporting

  • Monthly Checklists - Parts Financial Statement, Obsolete Parts Report, Inventory Turns, Emergency Purchases

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3 Checklists for a Successful Physical Parts Inventory

  • Checklists for the activities required of Parts, Service and the Accounting Office in the months and days leading up to the successful and accurate physical count

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4 Monthly Process to Reconcile Your DMS Parts Inventory Value to the General Ledger

  • Primary causes for inventory valuations disputes between Parts and Accounting

  • Strategies for identifying and balancing reasonable and routine differences

  • How the 2 set of books can hide serious problems and potential losses

  • Why monthly reconciliations are vitally important to dealership health

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5 Pay Plan Strategies for Parts Managers

  • How some pay plans appear to be on target but actually produce results that are harmful to the Parts Department and the entire Dealership

  • How upper management can focus on what is truly important and how to get the desired results from the Parts Manager’s Pay Planes

  • How interdepartmental cooperation can be recognized and rewarded

  • How recognition and reward can help the Parts Department thrive

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6 Job Descriptions for Parts Department Positions

  • Ideas on how to create a meaningful and on-target Job Description for Part Department Team Members

 

Price $297 Member Price $197
Shipping is FREE to U.S. & Canada

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