Keys to Profitable Inventory Management
Thursday, November 10
2:00 p.m. - 3:00 p.m.
Mike Nicholes Capital Management
Dealers, executive managers and parts managers can better control the parts inventory by knowing the key measurements and processes that clearly show the profitability of the parts department and, the most important function, filling the needs of technicians and customers, on demand, for needed parts; avoiding overstocking and speculation by outside forces. The processes, programs and measurements, once learned, can be applied monthly to answer the biggest question; "Just how good is my inventory in filling the needs of the customers, on demand".
After attending this program, you will be able to:
- What is my parts inventory really doing to fill demand
- What key processes must a parts manager employ to get the best availability... on demand
- How to best manage and cope with a multitude of suppliers all 'trying' to sell the same thing, profitably for the dealer.