Extra effort should be given to manage parts inventories. Any aged inventory over 12 months without a sale should be discounted and sold immediately. Larger items such as engines and transmissions could be listed on eBay for bids. OE Connection is a good program most dealers can use to discount and sell aged inventory. Check out their discount parts hub program also that will show independent repair shops your inventory and give them the ability to
purchase.

Most dealers today are facing some form of inventory management program from the manufacture. The parts manager should bring in only items with a solid sales history. Product lines should be reviewed with restrictions given to body shop panels and other items that cannot possibly be customer wait. On
hand compliance discounts must be considered yet should not dictate bringing in new items to reach with no or slow sales history. Be sure to check
dirty core inventory that shows on hand. All dirty cores should be returned to the manufacturer immediately without delay to receive credit. 

 

Rob Gehring is the President of Fixed Performance 

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