Parts Physical Inventory

parts inventory best practices
What are best practices for a clean parts inventory?

PartsCount by Total Dealer Solutions (TDS) was established in 2003 to meet the automotive dealers’ need for an unbiased, professional third party parts physical inventory. We specialize in the automotive industry exclusively because with specialization comes expertise. Here are some tips and best practices to follow to maintain a clean parts inventory.

parts physical inventory
What is a parts physical inventory?

A parts physical inventory is a process where an automotive dealership physically counts its entire parts inventory. It is recommended that a parts physical inventory be conducted every year. Why should I do a parts physical inventory? Physical accounting of the dealership’s parts assets is critical in managing a dealership’s capital investment. A physical inventory is also essential to keep…