Objectives While In Dealership

Inventory control system

• Review all set ups relating to Phase-In and Phase-Out criteria as well as ordering procedures.

Inventory Analyzation

• Width and dollar amount of part numbers required.
• Review part numbers to be added.
• Identify slow and non selling part numbers to be returned for credit.
• Review special order procedures.

Profitability

• Calculate cost to break even.
• Establish pricing policies.
• Review parts department expenses.
• Calculate profit or loss by sales account.

Complete and review with Parts Manager and Dealer monthly inventory reports.

• Parts inventory dollar amount required based on parts cost of sales by purchase source.
• Calculate fill ratio (availability) by purchase source.
• Calculate inventory turn ratio by purchase source.

Internal parts department procedures

• Review with Parts Manager all internal parts department procedures.