How to Minimize Obsolescence and Boost ROI in Your Parts Department with Chuck Hartle

In this value-packed conversation, host Kaylee Felio sits down with industry expert Chuck Hartle to crack open some of the most overlooked costs of running a dealership parts department. From the hidden impact of idle inventory to the real-world strategies for beating manufacturer compliance traps, Chuck shares proven methods for turning your parts department into a lean, profit-driving machine.If you’re a parts manager, fixed ops director, or dealer principal eager to fix your inventory foundation, you’ll walk away with actionable tips to minimize obsolescence, dial in your productive inventory, and get everyone—from staff to body shop managers—rowing in the same direction.Kaylee and Chuck use real calculations, candid examples, and a bit of gritty optimism to show how small adjustments in turns, holding costs, and compliance can result in BIG savings, improved customer satisfaction, and higher dealership profitability.--------------------------------------------This show is powered by PartsEdge: Your go-to solution for transforming dealership parts inventory into a powerhouse of profitability. Our strategies are proven to amp up parts sales by a whopping 20%, all while cutting down on idle inventory. If you're looking to optimize your parts management, visit 🔗 www.partsedge.com--------------------------------------------Takeaways1. Focus on productive inventory2. Monitor holding costs & turns3. Compliance strategy mattersChapters00:00 Optimizing Inventory ROI05:50 Optimizing Parts Compliance Strategies07:27 "Profit Margins & Holding Costs"12:42 Collision Industry Risks Analysis13:49 Hidden Value in Wholesale Operations17:01 "Collision Profit Analysis Challenges"20:28 Optimize Inventory for ROI BoostKaylee FelioLinkedIn: https://www.linkedin.com/in/gotopartsgirlWebsite: https://www.partsedge.com