Since
the parts department affects every other dealership department, it is
imperative to manage parts inventories, measure their performance and improve
systems for managing parts inventory assets. By actively managing your parts
assets, you can greatly improve your inventory performance and increase your
return on investment.
This whitepaper will focus on:
- Seven key indicators of inventory performance
- Three control functions necessary for the parts inventory
- A monthly inventory reconciliation form
If you have any questions, please e-mail professionalseries@nada.org.