Once you’ve accurately counted and organized your inventory, it’s essential to set attainable goals that will allow you to gain control and plan for the future. Offer an incentive plan for your Parts Manager We’ve mentioned before that the main reason you probably aren’t keeping good tabs on your inventory is because it’s too time […]

Now that you have your guidelines set, it’s time to keep the process moving and plan for the future. Again, one of the biggest problems Jeff Sheets sees is that dealers are reluctant to plan ahead or have goals when it comes inventory. If you just put all this work into counting, getting rid of […]

Setting up minimum and maximum ordering levels for your parts is going to provide you with the most headway in maintaining inventory control. By setting these levels, you’re putting parameters on your parts so that you don’t go too far over or under in ordering a certain item. Therefore, it’s extremely important to go through […]

As a business owner, your whole livelihood is based around goals. You probably wouldn’t be running a business right now if you didn’t have them. So why wouldn’t you have concrete goals for your inventory? Sheets says a problem he often sees is that dealers don’t take a goal-oriented approach to what they want to […]

We’ve mentioned before that the main reason you probably aren’t keeping good tabs on your inventory is because it’s too time consuming and not something that you want to commit to. Owners are salespeople. They don’t want to do the administrative aspect of the business. That’s why you’ve got to put your trust into someone […]

To run the nation’s largest family-owned RV dealership, you need a dedicated Business Development Center equipped with a proven dealer management system.  The expansion of business combined with a rapidly-growing internet presence has created the need for a quicker turnaround time and follow-up process when it comes to handling customer requests.  In order for its […]

How to stock new products While as important as you think a new product may be, don’t base your purchasing decisions off of a gut feeling. You need to make some concrete decisions before you even consider adding new parts into your inventory and Schreibfeder recommends you look at the following items: Don’t let surplus […]

If you’re going to get serious about any one aspect of your inventory, getting rid of dead and slow-moving items must be a top priority. Think about it, you paid for every item that is stocked on your shelves and the only way you’re going to get any of it back is to sell it. […]

Before you can begin to control your inventory, you must know exactly what is on your shelves.  As dreadful and time consuming as it sounds, it’s not as hard as you think – if you first implement a process that will enable you to easily perform the task. Many dealers think purchasing dealer management software […]

Service advisors should be more than just managers of the technician’s time and communications between the dealership and the customer.  They should be your Service sales people.  For many dealerships, this requires a change in how they manage customers.  I find most Service Advisors take appointments by what tech time is available and schedule accordingly.  […]