The final step in the parts supply chain, often referred to as the ‘last leg’, is handled by the dealership and plays a crucial role in determining dealership profitability, customer experience, and employee job satisfaction. This critical moment impacts not only the...
ADMI 360 brings excellence in dealership parts operations “full circle” by implementing and sustaining best practices and processes in all parts-related areas through parts manager training, action planning, progress monitoring, inventory performance analysis,...
An important component of parts investment optimization is to reconcile your DMS inventory value with your accounting value annually. It’s also critical to verify the accuracy of your DMS’s on-hand accounts. This time of year is an opportunity to evaluate...
Let’s talk about a topic in the Parts Department. Modern Dealer Management Systems (DMS) and OEM RIM Systems use sales data to suggest the best stocking inventories and keep track of what is on the shelves and where it is located. But those systems do not offer...
Parts Department Lost Sales cost your dealership more revenue than you may realize. What is a lost sale? A lost sale happens every time you lose an opportunity to sell a part, whether it be over the phone, over the counter, or in the Service Department, the profit...
The Importance of Adequate Resources From the outside looking in, managing a parts department seems straight-forward. The reality is that managing a parts department, “the right way”, is a full-time job and fairly complex. There are numerous tasks that must be...
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