Parts Obsolescence

parts physical inventory
What is parts inventory obsolescence?

Parts that are 12 months and older are obsolete. Parts that have not sold for 6 months have a 65% chance of not selling again Parts that have not sold for 7-9 months have a 75%  chance of never selling Parts that do not sell for 9-12 months have an 85% chance of never selling Obsolescence exists in every dealership….