Chuck Hartleis 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 explains how dealerships handle return processes that often involve navigating multiple criteria with varying degrees of complexity. This complexity is further exacerbated when managers deal with different manufacturers, each having unique policies and restrictions. Some manufacturers offer streamlined processes while others pose intricate obstacles, usually tied to codes, quantities, and limited allowances for returns.
The discussion also delves into the intricacies of Retail Inventory Management (RIM). Chuck highlights how parts perceived as RIM-protected can sometimes fall through the cracks due to purchases from external distributors or emergency purchases, emphasizing the necessity of meticulous tracking systems to handle credits and returns efficiently.
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This show is powered byPartsEdge: 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 đź”—www.partsedge.com.
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Takeaways
Toyota offers straightforward parts returns.
Know part sources for smooth returns.
Different makers have varying return rules.
Quote
“What the ASR programs are terrible at doing is tracking credit returns and now guaranteeing the two.” -Chuck Hartle
Connect:
Chuck Hartle
LinkedIn:www.linkedin.com/in/chuck-hartle-1923ab14
Website:www.partsedge.com
Kaylee Felio
LinkedIn:www.linkedin.com/in/gotopartsgirl
Website:www.partsedge.com