Want to Grow Dealership Profits? Focus on Automotive Spare Parts Inventory Management

From the recession to the present, dealerships have depended heavily on service and parts departments to drive profitability. In 2014 alone, total parts sales amounted to $50.6B, with service and parts accounting for a whopping 11.4% of those total dealership sales dollars. But while many dealerships focus on new and used vehicle inventory optimization, aftermarket parts […]

Don’t Fear the Amazon: How Price Management Can Be Your Most Valuable Weapon

If George R. R. Martin were writing the story of aftermarket auto parts business, brick-and-mortar retailers like Auto Zone, O’Reilly Auto Parts, Advance Auto Parts would be the respective Westeros, while online behemoth Amazon would be the ominous army of impending White Walkers. Well, folks – Winter is coming. Late last month, the inevitable happened […]