Fixed Ops Journal - April 2021 - 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

S010_S011_S012_AN_20210412.indd 10

4/5/21 3:27 PM



Fixed Ops Journal - April 2021

Table of Contents for the Digital Edition of Fixed Ops Journal - April 2021

Contents
Fixed Ops Journal - April 2021 - Intro
Fixed Ops Journal - April 2021 - F1
Fixed Ops Journal - April 2021 - F2
Fixed Ops Journal - April 2021 - Contents
Fixed Ops Journal - April 2021 - F4
Fixed Ops Journal - April 2021 - F5
Fixed Ops Journal - April 2021 - F6
Fixed Ops Journal - April 2021 - F7
Fixed Ops Journal - April 2021 - F8
Fixed Ops Journal - April 2021 - F9
Fixed Ops Journal - April 2021 - F10
Fixed Ops Journal - April 2021 - F11
Fixed Ops Journal - April 2021 - F12
Fixed Ops Journal - April 2021 - F13
Fixed Ops Journal - April 2021 - F14
Fixed Ops Journal - April 2021 - F15
Fixed Ops Journal - April 2021 - F16
Fixed Ops Journal - April 2021 - F17
Fixed Ops Journal - April 2021 - F18
Fixed Ops Journal - April 2021 - F19
Fixed Ops Journal - April 2021 - F20
Fixed Ops Journal - April 2021 - F21
Fixed Ops Journal - April 2021 - F22
Fixed Ops Journal - April 2021 - F23
Fixed Ops Journal - April 2021 - F24
Fixed Ops Journal - April 2021 - F25
Fixed Ops Journal - April 2021 - F26
Fixed Ops Journal - April 2021 - F27
Fixed Ops Journal - April 2021 - F28
https://www.nxtbook.com/nxtbooks/crain/fixedops_202106
https://www.nxtbook.com/nxtbooks/crain/fixedops_202104
https://www.nxtbook.com/nxtbooks/crain/fixedops_202102
https://www.nxtbook.com/nxtbooks/crain/fixedops_202012
https://www.nxtbook.com/nxtbooks/crain/fixedops_202010
https://www.nxtbook.com/nxtbooks/crain/fixedops_202008
https://www.nxtbook.com/nxtbooks/crain/fixedops_202006
https://www.nxtbook.com/nxtbooks/crain/fixedops_202004
https://www.nxtbook.com/nxtbooks/crain/fixedops_202002
https://www.nxtbook.com/nxtbooks/crain/fixedops_201912
https://www.nxtbook.com/nxtbooks/crain/fixedops_201910
https://www.nxtbook.com/nxtbooks/crain/fixedops_201908
https://www.nxtbook.com/nxtbooks/crain/fixedops_201906
https://www.nxtbook.com/nxtbooks/crain/fixedops_201904
https://www.nxtbook.com/nxtbooks/crain/fixedops_201902
https://www.nxtbook.com/nxtbooks/crain/fixedops_201812
https://www.nxtbook.com/nxtbooks/crain/fixedops_201810
https://www.nxtbook.com/nxtbooks/crain/fixedops_201808
https://www.nxtbook.com/nxtbooks/crain/fixedops_201806
https://www.nxtbook.com/nxtbooks/crain/fixedops_201804
https://www.nxtbook.com/nxtbooks/crain/fixedops_201802
https://www.nxtbook.com/nxtbooks/crain/fixedops_201712
https://www.nxtbook.com/nxtbooks/crain/fixedops_201709
https://www.nxtbook.com/nxtbooks/crain/fixedops_201706
https://www.nxtbook.com/nxtbooks/crain/fixedops_201704
https://www.nxtbook.com/nxtbooks/crain/fixedops_201702
https://www.nxtbook.com/nxtbooks/crain/fixedops_201611
https://www.nxtbook.com/nxtbooks/crain/fixedops_201608
https://www.nxtbook.com/nxtbooks/crain/fixedops_201605
https://www.nxtbook.com/nxtbooks/crain/fixedops_201602
https://www.nxtbook.com/nxtbooks/crain/fixedops_201708
https://www.nxtbookmedia.com