- Establishes individual parts inventory levels and balances them for maximum turnover .
- Prepares and administers an annual operating budget for the parts department
- Maintains a balanced inventory consistent with the requirements of the service department, body shop, wholesale accounts and the do-it-yourself public
- Establishes pricing parameters in each customer category that generate enough gross profit to produce a satisfactory profit while maintaining customer loyalty
- Establishes individual parts inventory levels and balances them for maximum turnover
- Ensures that parts inventory turns (established #) times per year
- Monitors and adjusts inventory to minimize obsolescence
- Ensures that all parts are properly tagged so that the dealership recovers full credit from the factory
- Supervises stock order procedures
- Sets and enforces a policy on the special ordering of parts
- Ensures that stock orders represent at least (established %) percent of all orders
- Analyzes sales, expenses and inventory monthly to maintain profit goals
- Develops and administers an aggressive wholesale parts program to produce profit