As we begin 2023, the lasting effects of supply chain shortages, lowered new car sales, and the rising cost of steady parts and materials are still being felt. Experts tell us that these challenges will continue well into the year. Many dealerships today are...
As the Parts Manager of a new car dealership, one of your goals is to go into every new year with a plan to make improvements to support a more profitable future. This means driving more parts sales and improving operations in the department. If you are not sure what...
Moving into 2023, there will be many challenges and opportunities for dealers, and it’s imperative that dealerships prepare themselves. This is especially true for the parts department, as many of these trends directly affect the cost and supply of auto parts,...
2022 proved to be another challenging year for dealers as parts and chip shortages continued to plague the automotive industry. However, that did not stop online part sellers from surpassing 2021’s record sales for Cyber Weekend. Once again, parts eCommerce has proven...
Parts departments struggling to manage their older inventory should look to the number one cause of high parts obsolescence, and for most departments, that offender is special order parts (SOPs). Special order parts are parts that a dealership does not currently have...
Measuring your Key Performance Indicators (KPIs) is crucial to running an effective and profitable dealership. These metrics will help you better understand how well your dealership is doing as a whole, what areas need improvement, and how efficient each of your...
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