Are you plagued with managing a business with:
- Unprofitable spare parts business
- Low Parts Margin
- Poor Service rate
- High Workshop returns
- High stock check discrepancies
- High annual parts scrappage
- Un-kept warehouse
- High turnover of staff due to termination after due process
- Unsure what to report to your shareholders and auditors time and time again
- A growing debtor list
What is Supply Chain – Brief Overview
The Council of Supply Chain Management Professionals (CSCMP) defines supply chain management as follows:
"Supply Chain Management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers."
Inventory or Parts Management in the automotive retail business is part of this larger Supply Chain model and is often the most under-estimated part of the business.
Not many Parts Managers, let alone their Leaders know of the full impact of miss/under management of this management discipline and often are unaware of the industry relevant benchmarks, kpi and best practices. In short most don't know what they don't know!
We consult, train and coach business leaders and their staff to effectively understand the principles of Automotive Parts Management to efficiently operate and manage their parts business.
Do you know the true cost involved in carrying your current inventory?
- Facility cost/utilise/rental
- Human Capital
- Finance Cost
- Management Cost
- Procurement Cost
- Inventory Turnover
- Stock Accuracy
- Pillage and Ullage
- Service Levels
We hope you had thought of some of them!
We are able to offer!
1) Training, Consulting and Coaching from the experts!
2) Analyse your inventory control systems- Strategies to better manage your inventory
3) Implement effective purchasing and storage methods
4) Out-source your Full Stock Count services for a full "health" and business check-up
5) Customer Relationship Management
6) Ascertain Dead Stock.(terminology, how to calculate, cost to inventory and managing dead stock)
7) Warehousing ideas and design
