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Exploring Revenue Generation in the Parts Department ft. Chuck Hartle
Chuck Hartle is the co-founder and President of PartsEdge, a powertool for Dealerships Parts Operations, helping to increase DMS utilization, improves efficiency, accuracy, and profitability with solid and consistent plans for eliminating all types of idle inventory in a Parts Operations. With over 40 years in the auto industry Chuck has the know-how and love for the industry that has enabled PartsEdge to identify the biggest needs of dealerships.
Today, Kaylee Felio sits down with Chuck Hartle to delve into how the parts department contributes to a dealership's bottom line. They explore the often overlooked profitability of parts operations and discuss strategies for enhancing revenue in this area.
Key topics include the importance of maintaining a balanced pay plan between service and parts departments, periodic reviews of gross profits, and ensuring proper billing of parts. They also tackle the impact of staffing shortages and offer actionable insights to address these challenges.
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This show is powered by PartsEdge: Your go-to solution for transforming dealership parts inventory into a powerhouse of profitability. Their strategies are proven to amp up parts sales by a whopping 20%, all while cutting down on idle inventory. If you're looking to optimize your parts management, visit 🔗 www.partsedge.com.
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Takeaways
Monitor gross profits regularly to spot low sales.
Keep pricing tables current for competitive profitability.
Track and charge all parts to prevent losses.
Quote
“The number one thing since COVID has been shortages in the parts department.” - Chuck Hartle
Connect:
Chuck Hartle
LinkedIn: www.linkedin.com/in/chuck-hartle-1923ab14
Website: www.partsedge.com
Kaylee Felio
LinkedIn: www.linkedin.com/in/gotopartsgirl
Website: www.partsedge.com
View all episodes
By Kaylee Felio, the Parts GirlChuck Hartle is the co-founder and President of PartsEdge, a powertool for Dealerships Parts Operations, helping to increase DMS utilization, improves efficiency, accuracy, and profitability with solid and consistent plans for eliminating all types of idle inventory in a Parts Operations. With over 40 years in the auto industry Chuck has the know-how and love for the industry that has enabled PartsEdge to identify the biggest needs of dealerships.
Today, Kaylee Felio sits down with Chuck Hartle to delve into how the parts department contributes to a dealership's bottom line. They explore the often overlooked profitability of parts operations and discuss strategies for enhancing revenue in this area.
Key topics include the importance of maintaining a balanced pay plan between service and parts departments, periodic reviews of gross profits, and ensuring proper billing of parts. They also tackle the impact of staffing shortages and offer actionable insights to address these challenges.
--------------------------------------------
This show is powered by PartsEdge: Your go-to solution for transforming dealership parts inventory into a powerhouse of profitability. Their strategies are proven to amp up parts sales by a whopping 20%, all while cutting down on idle inventory. If you're looking to optimize your parts management, visit 🔗 www.partsedge.com.
--------------------------------------------
Takeaways
Monitor gross profits regularly to spot low sales.
Keep pricing tables current for competitive profitability.
Track and charge all parts to prevent losses.
Quote
“The number one thing since COVID has been shortages in the parts department.” - Chuck Hartle
Connect:
Chuck Hartle
LinkedIn: www.linkedin.com/in/chuck-hartle-1923ab14
Website: www.partsedge.com
Kaylee Felio
LinkedIn: www.linkedin.com/in/gotopartsgirl
Website: www.partsedge.com