The Parts Manager at any franchise has many different challenges to deal with which require certain management control systems to be in place that take into consideration the flexibility to change with the industry.

We can assist your dealership with having the proper processes in place as well as maximising profits on both sales and inventory. The following are some of the services offered to address these objectives.

Parts Operations Assessment (Example Analysis)

We can analyse the total parts operation in the following main areas:

• Personnel staffing and utilization

• Process analysis of the core processes

• Expenses structure and control

• Inventory control and usage

• Departmental gross profit and net retention review

A complete time and action plan to suit

Parts Inventory Analysis

We will analyse the inventory and inventory controls in the following areas:

• Inventory investment review

• Inventory control and usage

• Inventory source utilization

• Computer set-up for inventory control

A complete time and action plan to suit

ON AN ONGOING BASIS

Parts Inventory

We can oversee and verify the physical inventory as well as integrity of the count quantities:

Parts Consulting

Parts consultation would be available as needed to help you address your shortcomings and build a more efficient department. Along with, but not limited to, the following areas:

• Process improvement

• Inventory control

• Physical Inventory

• Improving inventory turns

• Management mentoring

• Profit improvement

• Expense control

• Purchasing practices

These are just some of the many areas with which Richmond Associates can assist your Parts Operation.

We can enhance your ability to be more efficient and more profitable and increase sales without increasing obsolescence.