Inventory Management is largely a thing of the past for most auto repair shops. As parts have become more expensive and the number of car models has increased, maintaining a “full” inventory has become a logistical issue. General repair shop owners have to ask themselves if it’s even possible to hold parts for a majority of the vehicles the shop will service and see each month.
Given the vast improvements in the online parts ordering systems and the ability to order parts using the WHI, Worldpac and Epicor integrations from right inside your shop management software, most shops do not want or need to tie up their working capital in parts that may sit on the shelves for months or even years.
However, we do know that not every shop is the same. Transmission repair shops, for example, tend to stock many specialist parts and even complete units that they need to keep track of.
Our robust inventory system also allows you to stack and list your vendors, giving each a “profile” of sorts, uploading their price lists and tying them to one of the online systems for parts ordering. Add as many, or few, vendors as you wish. Everyone from the local parts store to your preferred tow company can be added as a vendor.
Parts are a profit center, the more data points you have the better you can decide what parts you should be stocking.
With ProfitBoost’s inventory reporting function, you’ll be able to view the following:
The decision on what parts to buy in bulk can now be made based on data rather than guesswork.
All these questions and more can be answered with inventory reporting. Contact ProfitBoost today to get