Automotive News Canada - April 2021-v2 - F10
FIXED OPS JOURNAL
"
" My purchasing guy
loves it. It makes his
job much easier and
takes a lot of the
guesswork out of
maintaining inventory. "
"
DAN EARLEY, Shaheen Chevrolet
DOING
THEIR PARTS
Dealers can tackle stock,
budget, training issues with
remote inventory management
D
KEN WYSOCKY
foj@autonews.com
ealership parts managers face a
daily challenge akin to a double-edged sword: Make sure
technicians have the right part for
the right vehicle at the right time to
achieve same-day service, but without accumulating excess parts inventory, which can
drain working capital.
A technology known as remote inventory
management can help dealers find a balance
PAGE 10
between the two competing priorities - and
in the process boost off-the-shelf fill rates, reduce lost sales, minimize parts obsolescence
and ratchet up revenue. It also gives parts
managers more time to focus on things easily
neglected amid the day-to-day grind, such as
training staff and touching base with wholesale customers.
Remote inventory management also can
plug the knowledge gap left by a chronic lack
of training for less-experienced parts managers, says Brian Crossin, an instructor at the
NADA Academy.
" Parts managers generally receive little
training on how to properly invest hundreds
of thousands of dollars in parts and get a good
return on that investment, " Crossin told Fixed
Ops Journal. " In those cases, RIM is a good alternative. "
Bryan Klugh, owner of SmartCo Services,
which developed a third-party remote inventory management system called PartsEye,
says training is very limited.
" There's no university that offers a parts
APRIL 2021
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4/5/21 3:27 PM
Automotive News Canada - April 2021-v2
Table of Contents for the Digital Edition of Automotive News Canada - April 2021-v2
Automotive News Canada - April 2021-v2 - Intro
Automotive News Canada - April 2021-v2 - 1
Automotive News Canada - April 2021-v2 - 2
Automotive News Canada - April 2021-v2 - 3
Automotive News Canada - April 2021-v2 - 4
Automotive News Canada - April 2021-v2 - 5
Automotive News Canada - April 2021-v2 - 6
Automotive News Canada - April 2021-v2 - 7
Automotive News Canada - April 2021-v2 - 8
Automotive News Canada - April 2021-v2 - 9
Automotive News Canada - April 2021-v2 - 10
Automotive News Canada - April 2021-v2 - 11
Automotive News Canada - April 2021-v2 - 12
Automotive News Canada - April 2021-v2 - 13
Automotive News Canada - April 2021-v2 - 14
Automotive News Canada - April 2021-v2 - 15
Automotive News Canada - April 2021-v2 - 16
Automotive News Canada - April 2021-v2 - 17
Automotive News Canada - April 2021-v2 - 18
Automotive News Canada - April 2021-v2 - 19
Automotive News Canada - April 2021-v2 - 20
Automotive News Canada - April 2021-v2 - 21
Automotive News Canada - April 2021-v2 - 22
Automotive News Canada - April 2021-v2 - 23
Automotive News Canada - April 2021-v2 - 24
Automotive News Canada - April 2021-v2 - 25
Automotive News Canada - April 2021-v2 - 26
Automotive News Canada - April 2021-v2 - 27
Automotive News Canada - April 2021-v2 - 28
Automotive News Canada - April 2021-v2 - F1
Automotive News Canada - April 2021-v2 - F2
Automotive News Canada - April 2021-v2 - F3
Automotive News Canada - April 2021-v2 - F4
Automotive News Canada - April 2021-v2 - F5
Automotive News Canada - April 2021-v2 - F6
Automotive News Canada - April 2021-v2 - F7
Automotive News Canada - April 2021-v2 - F8
Automotive News Canada - April 2021-v2 - F9
Automotive News Canada - April 2021-v2 - F10
Automotive News Canada - April 2021-v2 - F11
Automotive News Canada - April 2021-v2 - F12
Automotive News Canada - April 2021-v2 - F13
Automotive News Canada - April 2021-v2 - F14
Automotive News Canada - April 2021-v2 - F15
Automotive News Canada - April 2021-v2 - F16
Automotive News Canada - April 2021-v2 - F17
Automotive News Canada - April 2021-v2 - F18
Automotive News Canada - April 2021-v2 - F19
Automotive News Canada - April 2021-v2 - F20
Automotive News Canada - April 2021-v2 - F21
Automotive News Canada - April 2021-v2 - F22
Automotive News Canada - April 2021-v2 - F23
Automotive News Canada - April 2021-v2 - F24
Automotive News Canada - April 2021-v2 - F25
Automotive News Canada - April 2021-v2 - F26
Automotive News Canada - April 2021-v2 - F27
Automotive News Canada - April 2021-v2 - F28
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