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
Save by Bundling
Save thousands when you purchase more than one course within any applicable multi-part program!
Parts & Accessories Management I
- Cost:
- $1,945 | Per Seat
- Requirements:
- None
- Recommended for:
- Parts Managers, Assistant Parts Managers, Service Managers, Fixed Operations Directors, and General Managers
Session Dates & Availability
| April 24, 2024 | S4 | Sold Out |
| July 3, 2024 | S1 | Available |
| July 10, 2024 | S2 | Available |
| July 17, 2024 | S3 | Available |
| July 24, 2024 | S4 | Available |
| October 3, 2024 | S1 | Available |
| October 10, 2024 | S2 | Available |
| October 17, 2024 | S3 | Available |
| October 24, 2024 | S4 | Available |
Call the NCM Institute at 866-756-2620 or complete this form for more information or to register.
Single Class: If canceled 15–30 days prior to the session, 25% of the tuition will be forfeited unless rescheduled for another date within 6 months. If canceled fewer than 15 days prior to the 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.
GMEP: A $3,000 nonrefundable deposit is required at time of application with balance due 14 days prior to class start. Below is the refund schedule for the remaining balance, after the non-refundable $3,000 deposit is deducted.
- Cancellation on or before Session 1: 100%
- Cancellation on or before Session 2: 60%
- Cancellation on or before Session 3: 30%
- No Refund will be awarded after completion of Session 3