Angela Willoughby: Avoiding Vendor Partnership Pitfalls episode artwork

EPISODE · Aug 25, 2023 · 35 MIN

Angela Willoughby: Avoiding Vendor Partnership Pitfalls

from The PartsEdge Podcast · host PartsEdge

Angela Willoughby is a Fixed Operations Analyst at Foundation Automotive Corp, a company providing modern automotive solutions across North America. She has over 15 years leading teams to success through outstanding leadership, training, coaching, teamwork and positive attitude. In the competitive world of automotive sales and service, maximizing dealership performance is crucial for success. In this Summer Camp Series episode of the Parts Girl Podcast, Kaylee Felio sat down with industry expert Angela Willoughby to delve into the key strategies and insights necessary to achieve outstanding results. Angela Willoughby emphasizes that success starts with building strong relationships with the right individuals responsible for your store or chain of stores. Understanding reporting and performance metrics is equally important. Angela also highlights the significance of knowing the return on investment (ROI) of applications and how they benefit your business, as well as the need for fostering positive relationships with vendors to improve ROI. Application utilization is a key factor in driving dealership performance. Angela explains that achieving an ideal utilization rate of 80-85% is crucial for reaping the full benefits of the application. Active communication with vendors and representatives is also vital to ensure the best outcomes. Beyond the automotive realm, Angela Willoughby shares her love for organizing and sorting, particularly her passion for Legos. Drawing an intriguing parallel, she compares assembling puzzles to the process of parsing and sorting data. Her insights shed light on the importance of a compartmentalized and sorted approach to data analysis. Adaptability is another critical aspect that Angela Willougby emphasizes. As the automotive industry continues to evolve, it is essential for businesses to embrace change and adapt to new tools and applications. Angela also encourages collaboration and coaching within the dealership team to ensure everyone is aligned with business objectives. Angela's final thoughts revolve around the importance of constant improvement and learning from past experiences. Whether it's exploring new vendors for fresh perspectives or being open to change, there is always room for growth and better outcomes in every dealership. Takeaways Understand reporting and performance metrics. Maximize your application utilization to achieve optimal results. Embrace adaptability in the ever-evolving automotive industry. Quote “The number one thing to be successful in the automotive industry is adaptability." -Angela Willoughby Connect Angela Willoughby LinkedIn: www.linkedin.com/in/angela-willoughby-73795ba0 Website: www.foundationauto.com Kaylee Felio LinkedIn: www.linkedin.com/in/gotopartsgirl Website: www.partsedge.com

Episode metadata supplied by the publisher feed · Published Aug 25, 2023

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