Can your DMS handle Parts Operation?

Maintaining proper control of part and accessory inventories, while providing for adequate turnover and margins, is an important part of operating a successful dealership.

Many systems out there can track your inventory, but can they handle the industry-specific needs of your dealership such as:

–        Inventory Valuation and Gross Profit reports

–        Transfers from one store to another

–        Automated special orders

Here’s some key questions to ask to find out if your parts operation is in need of improvement:

  • Is our current system meeting our needs when it comes to running a well-organized, efficient, and profitable parts department?
  • Can we run accurate gross profit reports on a daily basis?  Are our inventory levels accurate and appropriate at all times of the year?
  • Does our system allow us to purchase from the vendor with the best pricing?
  • Do we have confidence in our inventory valuation reports?
  • Are there sufficient controls to eliminate theft or employee fraud?
  • Can we easily transfer inventory from one store to another?
  • Do we have enough pricing levels to handle various discounting policies?
  • Does our system handle the special ordering of parts and accessories in an automated and efficient manner, allowing us to provide outstanding service to our customers?
  • Does our current system include point-of-sale functionality which lets us process counter transactions quickly and efficiently while providing adequate financial controls and reports?

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Embrace a New Era of Customer Engagement

As you already know, the pandemic has had an enormous impact on everyone, especially consumers. That’s why we’d like to share with you our guide to customer engagement during the pandemic

IDS Guide on Customer Engagement