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Parts & Accessories Management I

Our Parts & Accessories Management I Course will provide you with an in-depth look at inventory strategies, margin management, and leadership skills. After completion, the parts manager will be able to identify ways to make your inventory turn faster, at higher margins, driving additional profitability. Students will also have a better understanding of what metrics and processes drive the department. This knowledge will increase communication within the dealership and improve profitability within the department. In this course, students will experience instructor-led interactive discussion, department analysis tools, and classroom lectures.

This course will utilize NCM's Guarantee of Action (GOA) plans to provide a roadmap for improvement that is individualized for each student.

  • Live Session 1: Building the Foundation for a Thriving Parts Department
  • Live Session 2: Maximizing Your Inventory
  • Live Session 3: Reducing Frozen Capital, Obsolescence, and Lost Sales
  • Live Session 4: Mastering Your Physical and Perpetual Inventory

To maximize your learning from this course, all 4 live sessions are recommended. Individual sessions are available for purchase, contact our team for more details.

Session Length:4 Live Classroom Sessions (75 minutes each) Plus Self-Study, Completed Over 30 Days

Key Objectives & Competencies:

  • How to manage a parts department for maximum profitability
  • Develop pricing strategies to maximize margins and increase sales
  • Utilize a variety of formulas to measure inventory performance
  • Manage numbers through NCM Benchmarks and key performance indicators (KPIs)
  • Understand and rate your dealership on the 35 key processes for the parts department
  • Measure inventory through gross turn and true turn performance measurements
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Parts & Accessories Management I

Cost:
$1895 | Per Seat
Requirements:
None
Recommended for:
Parts Managers, Assistant Parts Managers, Service Managers, Fixed Operations Directors, and General Managers

Session Dates & Availability

December 6, 2021 Four Weekly, Live Sessions Available
January 6, 2022 Four Weekly, Live Sessions Available
April 7, 2022 Four Weekly, Live Sessions Available

Call the NCM Institute at 866-756-2620  or complete this form  for more information or to register.

Cancellation Policy: More than 15 days, but less than 30 days, prior to session, 25% of the tuition will be forfeited unless rescheduled for another date within 6 months. Less than 15 days prior to session, 50% of tuition will be forfeited unless rescheduled for another date within 6 months. Non-attendance without prior notification* or failure to attend the course within 6 months will result in full forfeiture of funds.
*Must call by 2:00PM CST the Friday before the class begins.