According to Parts Inventory Guru, Chuck Hartle’ most dealers and GMs are not fully aware of just how fragile their parts business has become. According to Chuck – You need a new plan!
Learn Cutting Edge Inventory
Control, Pricing and
You will Learn:
Inventory Control Analysis & Planning Tools - Discover the best practices to improve inventory control and profitability
Ideal Pricing Formulas - Expect to dive deep into gross profit generation, impact of Menu/Grid pricing, fine tune your Matrix escalators and what fits best for your automotive organization
Pay Plans to Motivate - Improved Gross without Expanding Idle Inventory
How to make it all happen in your parts operations
Source (Stocking Group) Controls... Why they are important!
Group Session - Create best practices, customized to your store, to help you improve inventory control and profitability.
Where are your grosses coming from, what profit centers within parts?
What is your gross profit on Menu/Grid priced items?
What percentage of your sales are actually escalated (Matrix)?
Examining Your Escalator Matrix...
Group Session - Create the "perfect" pricing scheme for your parts department!
Perfecting the right pay plans to motivate increased gross profit without sacrificing idle inventory growth
How Service Manager and Service Advisors can participate in parts gross profit on a monthly basis
Review current parts advisor pay plans to understand what can be changed or adjusted in your dealership to motivate better results and practices
Review Day One and Day Two & create an Action Plan for implementation that will produce results.
Bring With You & Prepare to Explore Your...
-Parts Inventory Pad (to be sent to Chuck in advance)
-Parts Dept Financial Statement Showing Sales, Cost of Sales & Gross Profit
DMS System Setup Reports
-Escalator Matrix Tables
-Phase In/Phase Out Criteria
Email MemberServices@DealersEdge.com for room reservation assistance
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