It’s important to use parts storage space efficiently, and to minimise the ‘fresh air’ that you stock. One simple way to see how well you are doing is to measure your stock density...

by David Lansdowne Here’s a simple analysis you can do to identify the major causes of surplus parts stock in your business. You can then change your process to either prevent the problem from...

by David Lansdowne Stock checks are an essential element of good parts management. To complete a full annual check as quickly and accurately as possible: Want to read more articles on this website?...

‘It’s always been like that’. ‘It will never change’. Those are the sort of comments you often hear from aftersales staff when discussing why the two departments...

A dealer principal needs surprisingly few targets to understand how well the parts operation is performing. Unless you regard parts as purely a service provider, it can be regarded as a business...

If you want to manage your parts manager more effectively there are three key objectives: Want to read more articles on this website? Sign up for a free trial subscription to carry on reading this...

There are two ways to measure the rate at which you turn your parts stock. The advantage of using true stock turn is that it shows you how well you sell from the stock you hold. It is harsher than the...

The average parts stockholding in a typical franchised dealership right now is 52 days. Given that most vehicle manufacturers routinely offer 2-day stock orders and 1-day VOR deliveries, would be the...

If more than 5 % of your gross stock has not moved for at least six months, you definitely have an opportunity to improve. • Lower obsolescence means fewer financial write-offs – and less...