Mastering Parts Management: Avoiding Common Pitfalls

Enhancing Efficiency and Effectiveness in Inventory Control

In this episode of the Parts Management Podcast, Kaylee Felio and guest Chuck Hartle delve into common pitfalls for parts managers. They uncover the frequent mistakes and discuss how to avoid them. From lack of training to mismanaged special orders, they provide valuable insights. Let's break down their conversation and provide actionable tips for parts managers.

Most parts managers ascend to their roles through experience, not formal education. Often, they excelled as parts advisors but received little training as managers. This lack of structured education can lead to inefficiencies and mistakes. Therefore, dealerships must invest in proper training and development opportunities for their parts managers.

Chuck Hartle highlights that podcasts, webinars, and educational links can be valuable resources. These tools offer practical knowledge in areas like inventory control and price matrixing. Engaging in continuous learning is vital for parts managers to stay updated and effective in their roles.

The Training Gap: A Root CauseThe Challenge of On-the-Job LearningLeveraging Learning Resources

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SPONSOR

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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KEY TAKEAWAYS

1. Keep managers learning through ongoing education.
2. Build focused team for customer orders.
3. Record lost sales accurately and carefully.

QUOTE

“Good special order process goes a long way in starting to help inventory control and mismanaged inventories.” -Chuck Hartle

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