IMA (Inventory Management Analysis) Report
Key Parts Inventory Performance Metrics
The IMA (Inventory Management Analysis) Report provides a monthly overview of key inventory performance metrics for the dealership’s parts department.
Frequency: Monthly
Who uses this report? Parts Managers
How It’s Used
- Monitor Inventory Health
- Tracks the total value of inventory on hand, including breakdowns for stock and non-stock parts.
- Highlights parts with negative on-hand quantities, missing bin locations, or missing cost data.
- Assess Inventory Turnover and Utilization
- Measures how efficiently inventory is being used, including:
- True Turn (how often inventory is sold and replaced)
- Off-the-shelf fill percentage (how often parts are available to meet demand immediately)
- Stock order utilization (how much inventory is replenished through stock orders)
- Measures how efficiently inventory is being used, including: