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, Chuck Hartle shares his extensive experience and research on unfulfilled demand, the pitfalls of overordering by technicians, and the impact of customer behavior on inventory. He also highlights the critical importance of tracking both "months no sale" and "months no receipt" to effectively manage true obsolescence. Tune in to learn how to keep your inventory lean, efficient, and responsive to market demands.

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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

1. Track idle parts to prevent stockroom waste.

2. Sort inventory by age for better control.

3. Know guaranteed parts from non-returnable stock.

Quote

“If you only got one way to look at your inventory, look at it by receipts because that's what matters to the dealer.” - Chuck Hartle

Connect:

Chuck Hartle

LinkedIn: ⁠www.linkedin.com/in/chuck-hartle-1923ab14⁠

Website: ⁠www.partsedge.com⁠

Kaylee Felio

LinkedIn: ⁠www.linkedin.com/in/gotopartsgirl⁠Website: ⁠www.partsedge.com