Parts Management Report
Monthly Snapshot of Parts Inventory
The Parts Management Report is designed to provide a comprehensive monthly snapshot of the dealership’s parts inventory, sales, and activity.
Frequency: Daily, Weekly, or Monthly
How It’s Used
- Inventory Management
- Sales and Cost Analysis
Who uses this report?
- Parts Managers
- Fixed Ops Director
Inventory Management
- Tracks the current value of inventory at cost including counts of part quantities and line items (active, inactive, non-stock, stock, phase-in, phase-out).
- Breaks down inventory by age (e.g., active, inactive by months, over 15 months), helping identify slow-moving or obsolete parts and their impact on total inventory value.
Sales and Cost Analysis
- Summarizes monthly received amounts and cost of sales (COS) for each month, allowing management to monitor trends in purchasing and sales performance over time.
- Shows gross and true turn rates, which are key metrics for evaluating how efficiently inventory is being sold and replenished.