Parts & Accessories Management I: Foundation

Part one of three in our Parts & Accessories Management Program 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 lecture. This course will utilize NCM's Guarantee of Action (GOA) plans to provide a roadmap for improvement that is individualized for each student.

Class Length:2 ½ 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

New Virtual Training Sessions Now Available for This Course
*Full classes take place over 4 weeks

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Parts & Accessories Management I: Foundation

Cost:
$1,895 | Per Seat
Requirements:
None
Recommended for:
Parts Managers, Assistant Parts Managers, Service Managers, Fixed Operations Directors, and General Managers

Course Dates & Availability

November 2, 2020 Virtual Training* Available
October 16 - 18, 2020 Kansas City, MO Available
December 4, 2020 Virtual Training* Available
February 2, 2021 Virtual Training* Available
March 22 - 24, 2021 Kansas City, MO Available
April 6, 2021 Virtual Training* Available
May 24 - 26, 2021 Kansas City, MO Available
June 8, 2021 Virtual Training* 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.