Parts stock turn for the average franchised dealership in 2013 was 8.01 times a year, according to ASE data, and 8.02 in 2012. ASEs best practice benchmark is 8.0, so the industry is pretty much...
Read moreAftersales absorption for the average franchised dealership has fallen to just over 50%, the monthly bulletins from ASE continue to show. Having been in this business since 1980, I can clearly...
Read moreThere seems to be a lingering view in the industry that a stock turn of 8 is fine. From vast research over several years, I am not even sure that 15 is acceptable. Essentially, stock turn is a...
Read moreIn the February issue of Auto Retail Manager we explained why stock turn is so important and why, with vehicle manufacturers offering a daily stock order, you should be looking at a turn rate of...
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