UNLOCK THE POWER OF YOUR PEOPLE
WELCOME!We are happy you've taken interest in ADMI 360. Please interact with the 360 wheel to learn more. Scroll down to discover what 360 can further do for you.
DATA ACCURACYAccurate data is foundational to the tools and reports your team relies on being useful in decision making. The number of parts on the shelf should match what is shown in your DMS. Your DMS inventory value should match what is shown in accounting. ADMI 360 provides methods and tools to keep your data accurate and identify the most important variances right away.
WAREHOUSE MANAGEMENTIt matters how your warehouse is laid out and organized. Cleanliness matters too! Minutes add up to hours, hours to days, and days to months in time either utilized or wasted. Strategically placing parts in certain areas and in specific ways will provide an increase in efficiency. ADMI 360 will teach you the best way to utilize your space.
BACK-END PROCESSESIn addition to the normal buying and selling of parts, there are back-end processes that don't contribute directly to selling more parts but can become a consumer of time and a producer of unnecessary hidden expenses. ADMI 360 teaches efficient methods of managing Claims, Cores, Warranty Retention Parts, the Month End Process, and more.
SALES, PRICING, AND PROFITABILITYADMI 360 brings excellence in Sales Ideas, Lowest Cost Purchasing, and Captive versus Competitive Parts pricing strategies.
SPECIAL ORDERS MANAGEMENTADMI 360 implements special order parts processes that result in more parts being sold versus returned or added to inventory. Unsold special orders are the number one reason for idle inventory growth and the cause of unnecessary realized and unrealized expenses.
IDLE MANAGEMENTADMI 360 processes will STOP idle growth. The objective is Zero Idle Growth using strategic approaches that mitigate idle in the first place, then utilizes all returns and incentives, and implements strategies to liquidate past accumulated idle and obsolete inventory for maximum cash recovery.
INCREASE SERVICE THROUGHPUTADMI 360 focuses on selling more parts and the associated labor while improving customer satisfaction and decreasing expenses related to even minor delays in getting parts to technicians. This is a combination of good off-the-shelf availability and internal processes that get parts into technician's hands faster.
STOCK OPTIMIZATIONADMI 360 will optimize your in-stock parts inventory investment by focusing on keeping parts in stock that have proven demand, producing a satisfactory off-shelf fill rate, provide a quality return on investment, and meeting OEM objectives to maximize financial incentives.
What does ADMI 360 have to offer?
What role does the Parts Department play in the success of my business?
How do I make my Parts Department a successful one?
What makes ADMI 360 the best solution?
The Parts Department
The Parts Department is a stand-alone profit center on its own but should also be an enabler of additional profit for the entire dealership and a producer of satisfaction for customers and employees.
The Parts Department’s ability to provide parts and accessories in a timely fashion has a direct link to maintaining and repairing more vehicles in your service department right now versus later and to the associated expenses such as loaner vehicles, efficiency, and shop capacity. It has an indirect link to customers coming back to your dealership for their next vehicle.
The Parts Manager has a significant list of expectations and responsibilities that most others are not fully aware of. It is much more than just ordering and selling parts! Parts inventories are often the largest cash investment in a dealership—second to unfloored vehicles—and can range from hundreds of thousands to millions of dollars. Managed effectively, this investment will produce fantastic returns on investment.
Unnecessary hidden expenses can quickly consume profits. Hidden, because there is no box on the financial statement or report in your DMS to identify them. A missed discount, an unnecessary surcharge or fee, an unsold special-order part added to inventory, unsold aged inventory, missed return opportunities, a charged-back warranty claim including parts AND labor, and more are all realities that eat up significant bottom-line profits.
GET STARTED WITH 360
Investing and focusing on the parts department is wise! ADMI 360 provides the necessary instructions, tools, experience, and support to transform your parts department into a fully rounded (360 degrees) of profitable operational excellence, sustained over time, in every area.