Articles Tagged with ''parts department''

Technology for Profit: How Technology Affects Your Parts-to-Labor Ratio

Do you use parts-to-labor ratio as a key benchmark in your operation? This important rule of thumb maintains that for every dollar of labor sales, your dealership should generate one dollar of parts sales. Both parts and service should be your dealership's most profitable departments and this ratio helps drive profits in both areas.
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Dealership Minds 2014 Video

Managing Inventories with Many Equipment Lines

Parts inventory management presents a variety of challenges. It becomes especially tough as a dealership increases the number of different lines they carry. Jeff Randall, Senior Parts Manager, Middlebury Store at Champlain Valley Equipment (headquartered in Middlebury, Vt.), talks about his efforts to manage the location's parts inventory.
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