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Which is more profitable? Inventory Turnover or Off-Shelf Fill Rate

A dealership’s parts department plays a crucial role in keeping the service department and wholesale customers’ businesses running smoothly. However, striking the right balance between inventory turnover and off-shelf fill rate is essential for profitability....

Stop Obsolete Parts Inventory Growth Once and For All!

“A parts manager who only focuses on clearing existing obsolescence—rather than preventing future obsolescence—will find themselves drowning in an endless battle.” The Two Fishermen and the Leaking Boats On a quiet morning by the shore, two fishermen, Fisherman One...

The Critical “Last Leg” of the Parts Supply Chain: The Dealership’s Role

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...

Dealership Parts Excellence: ADMI’s 360 Approach

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,...

Parts Investment Optimization: Holiday Edition

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...

Parts Department: Heat Mapping & Route Tracing

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...