It is difficult for the Dealer and General Manager to get a holistic view of what is going on with Parts. Our reporting gives you a quick grasp of which parts are becoming obsolete and may soon be worthless. More importantly, we help you understand ways to prevent that from happening.
Here are some actual examples from our customers:
- When they started using our reporting, one dealer found that over $10K of parts purchased for warranty repairs were over 11 months old. A $2000 engine had collecting dust on a shelf for 10 months. The dealer changed its procedures around making sure warranty-related repairs were completed as quickly as possible, eliminating the issue.
- Another dealer found some $200 runner boards for a pickup truck that had been sitting on the shelf for 10 months. The parts manager worked with the used car manager to mount the boards on a used pickup truck. The truck sold quickly with the boards, enabling the dealer to benefit from both the truck sale and the board sale.