Webinar Replay - What the Best Parts Departments Do Differently

<p>Ever wondered what separates top-performing dealership parts departments from the pack? On this high-energy episode, Kaylee Felio brings gritty, actionable clarity to inventory management, smarter pricing, and the realities of working with your DMS. Packed with pragmatic advice and real-world examples, this session is all about giving parts managers the tools, support, and confidence to fix the foundation, turn inventory faster, and stop making inventory a guessing game.</p><p><br></p><p>From the power of daily sales reporting to avoiding the traps of obsolete inventory, Kaylee Felio covers the core habits and strategies the most successful teams use—plus, she isn’t shy about naming which DMS platforms offer real advantages (and where others fall flat). Whether you’re looking to reduce obsolescence, boost profitability, or finally get your arms around all those so-called “protected parts,” this episode delivers the tactical details you need to stock smarter and stay growth-focused.</p><p><strong>--------------------------------------------</strong></p><p><strong>Takeaways</strong></p><ol><li><p>Consistent, Proactive Training &amp; Reporting Sets Winning Departments Apart.</p></li><li><p>Your DMS Can Be a Co-Pilot—Or a Roadblock—Depending on How You Use It.</p></li><li><p>Obsolescence Isn’t Inevitable—But It Takes Grit to Fix.</p></li></ol><p><strong>Chapters</strong></p><p>00:00 Encouraging audience questions</p><p>06:29 Managing staff shortages</p><p>07:55 Scheduling and optimizing short meetings</p><p>12:42 Issues with store migration data</p><p>16:11 Retail sales report insights</p><p>20:55 Retail pricing and markup strategy</p><p>23:16 Managing product pricing and profit margins</p><p>27:24 Challenges in Inventory Management</p><p>30:40 Analyzing dealership inventory levels</p><p>33:48 Managing obsolete inventory strategies</p><p>37:49 Analyzing inventory turnover rates</p><p>41:29 Forecasting obsolete inventory growth</p><p>46:18 Dealing with obsolete inventory</p><p>49:57 Honda&#39;s SRA and Inventory Management</p><p>50:52 Calculating true terms in inventory</p><p>54:14 Inventory management strategies</p><p>53:20 Tekions dealership strategy and pricing</p><p><br></p><p><strong>Kaylee Felio</strong></p><p>LinkedIn: <a href="https://www.linkedin.com/in/gotopartsgirl" target="_blank" rel="ugc noopener noreferrer">https://www.linkedin.com/in/kayleefelio</a></p><p>Website: <a href="https://www.partsedge.com" target="_blank" rel="ugc noopener noreferrer">https://www.partsedge.com</a></p>