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 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 moreThe importance of a well-run parts department cannot be overstated. Typically it can provide up to 25% of total profits in a dealership. Not only that, parts also has an impact on Service Department...
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