Parts Investment Philosophy
What’s in a title? It really doesn’t matter if your title is “Parts Manager,” “Parts Director,” or “Senior Grand Poobah of Parts,” because if you are making the final decisions on what parts to stock, you are the Parts Investment Manager. You are, in fact, investing...Holiday Dealership Parts Inventory Insights
ADMI’s top 5: From our ADMI Team – Happy Holidays! Getting insight on dealership parts inventory During the holiday season most dealerships experience a slowdown. In order to maximize the advantage from the holiday season, it is the perfect time that...Lost Sales in Parts Manager Training
The value of recording lost sales should be included as a detailed discussion in your Parts Manager Training. Lost Sales = Lost Revenue. Recording Lost Sales is key to maximizing service throughput and overall availability. It is important that your RIM and/or DMS...Dealership Parts Training; You Can’t Sell Out of an Empty Wagon
“You can’t sell out of an empty wagon.”; an adage from the days when salesmen would sell door-to-door with a wagon loaded with product. They knew early on that they had to have product to sell product. Product availability drove sales and repeat sales helped to keep the right inventory in the wagon.
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