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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 mandatory. 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:
$1,945 | Per Seat
Requirements:
None
Recommended for:
Parts Managers, Assistant Parts Managers, Service Managers, Fixed Operations Directors, and General Managers

Session Dates & Availability

October 17, 2024 S3 Available
October 24, 2024 S4 Available
January 7, 2025 S1 Available
January 14, 2025 S2 Available
January 21, 2025 S3 Available
January 28, 2025 S4 Available
March 7, 2025 S1 Available
March 14, 2025 S2 Available
March 21, 2025 S3 Available
March 28, 2025 S4 Available
June 3, 2025 S1 Available
June 10, 2025 S2 Available
June 17, 2025 S3 Available
June 24, 2025 S4 Available
August 5, 2025 S1 Available
August 12, 2025 S2 Available
August 19, 2025 S3 Available
August 26, 2025 S4 Available
October 9, 2025 S1 Available
October 16, 2025 S2 Available
October 23, 2025 S3 Available
October 30, 2025 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