Inventory management

Commentary
Three steps to right-size your parts inventory
One of a dealer's largest investments is its parts inventory. And dealers want their investment to provide returns. KEA Advisors says proper stewardship of a parts inventory investment should lead to returns measured in at least three ways:
September 19, 2022
Shot of parts inventory hallway
Outlook and Benchmarking
New report evaluates e-commerce potential for parts sales
Research And Markets have released a new report addressing e-retailing growth opportunities for parts sellers in the North American medium- and heavy-duty commercial vehicle aftermarket.
June 1, 2022
Internet search results image
Growth strategies
FinditParts raises $30 million investment
FinditParts has raised a $30 million minority growth equity investment from Crestline Investors Inc.
June 1, 2022
People in warehouse shopping online
Business operations
It's time for suppliers to invest in product information distribution
No parts distributor ever wants to drop a good supplier, but in the years ahead, as the supply chain normalizes, vendors will need to provide more than just inventory to earn and maintain distributor business.
May 27, 2022
Data on a warehouse computer screen
Inventory management
Navistar PDCs recognized for efficiencies
Two Navistar parts distribution centers (PDCs) have been recognized as Top Performing Warehouses by industry solutions advisor, Carlisle & Co., at the Carlisle North American Parts Benchmark (NAPB) Conference.
May 23, 2022
Navistar PDC in Edmonton, Alberta
Business
Battling inflation while maintaining customer relationships
Much has been discussed about parts scarcity and pricing, and these challenges funnel down to what is most important: the relationship and communication between providers and their customers.
May 13, 2022
Employee taking parts inventory in warehouse.
Commentary
How distributors can leverage e-catalogs for aftermarket success
An e-catalog gives customers up-to-date information, increases efficiency, and simplifies the purchasing process. It transforms the online experience, and the best part is distributors already have the information they need to implement one.
April 28, 2022
e-commerce button
Business operations
The importance of e-commerce sites during a parts shortage
Industry e-commerce sites should be in the playbook of all parts and service providers when sourcing much needed truck parts.
April 22, 2022
Employees looking at computer monitor in warehouse
Service and repair
When parts shortages affect repairs
Not only is the parts shortage impacting the sale of parts, but it’s also hindering services the aftermarket channel can perform.
March 1, 2022
Tampa Spring service bays.
Components
Industry suppliers on battling inflation, updating pricing sheets
With so much of the parts market already in upheaval, suppliers are doing their best to provide ample warning and explanations before implementing additional but necessary price increases to reduce their burden on their distributor partners.
February 18, 2022
Truck at loading dock
Outlook and Benchmarking
Fulfillment rates rising despite 'structural issues' in supply chain
Market research indicates commercial vehicle supply chain performance is improving but structural issues within the channel appear likely to cap its productivity in the months ahead.
February 9, 2022
Truck at loading dock
Inventory management
HDMA Pulse Webinar spotlights ports in parts shortage
The last two years have brought plenty of hurdles. Among them are: COVID-19, employee shortages and then a container ship blocks the Suez Canal for six days.
November 18, 2021
Container ship part of the bottleneck in L.A. port
Inventory management
Should you increase your inventory in the future just in case?
COVID-19 and the subsequent parts shortage has proved to the heavy truck industry anything can happen, and that parts providers need to be ready for everything.
September 6, 2021
Action Truck Parts Bolingbrook location
Inventory management
Centralizing purchasing offers substantial cost savings for parts distributors
By taking time now to analyze and optimize purchasing tactics, dealers and distributors can increase their bottom line and add valuable capital to grow while the market is good or save as reserves for when it eventually changes course.
August 15, 2021
hands holding a tablet with graphs in the of a warehouse
Growth strategies
Meritor launches search tool for trailer axle components
The selector tool identifies the aftermarket part number in six categories: brake drums, hardware kits, lined shoe kits, wheel seals, wheel bearings and hubs.
April 30, 2021
The Trailer Axle Components Selector Tool helps users find the correct axle step by step.
Growth strategies
Velociti opens innovation lab
Velociti has opened the Velociti Innovation Lab to help enterprise businesses design the best technology plan that drives business agility and increased revenue.
April 28, 2021
Connected Warehouse
Inventory management
Optimal warehouse design is crucial for efficient, safe operations
Warehouse optimization entails maximizing inventory, products, availability and much more.
April 23, 2021
man with dolly of boxes with text over image 'don't let the warehouse become a where house'
Telematics
Pluss Software integrates with PartsEye
Pluss Software recently completed a new integration with Smartco Services' PartsEye to provide their customer base with web-based inventory planning and management tools.
April 21, 2021
Pluss
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Top Stories
Rihm Kenworth
Successful Dealer Award
Rihm Kenworth wins 2022 Successful Dealer Award
Rihm Kenworth has won the 2022 Successful Dealer Award. The announcement was made Tuesday during a special awards banquet in Nashville, Tenn., to celebrate the 10-year anniversary of the award program.
Bunch of trucks in a row on the highway
Outlook and Benchmarking
Labor shortage beginning to weaken industry growth potential
Doggett Freightliner store counter
Successful Dealer Award
2022 Successful Dealer Award finalist Doggett Freightliner
Trucks through mirror.
Freight demand
Analysts expect softening in freight market in months ahead
Rihm Kenworth store front
Successful Dealer Award
2022 Successful Dealer Award finalist Rihm Kenworth
Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
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White Papers
Fullbay’s Guide to Starting a Mobile Repair Shop
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