When you have this much inventory it can be difficult to keep track of each individual part, even more so when parts are being used and restocked on a regular basis.
As such, at the end of the fiscal year, like many companies, conducting an accurate inventory count is crucial to ensuring that your dealership’s year-end documentation is up to date.
While you can have your employees complete inventory counts, this may not be the best option.
Having employees count your inventory takes them away from other income-generating tasks, disrupts multiple departments and often has a negative impact on employee morale, especially when the employees have to work after hours.
Additionally, while inventory auditing may seem straight forward, it takes patience to ensure it is done right and expertise to confirm that all parts have been properly accounted for and valued.
That is why it can be beneficial to hire a third party service to conduct your auto parts physical inventory count.
Inventory service providers specialize in inventory counting, auditing and valuation.
They can ensure that your parts are properly accounted for, that values are appropriately assigned and that the parts department is organized effectively. And, they know all of the tips and tricks to ensure that the inventory is completed in a timely and efficient manner, without disrupting your parts and service staff.
By hiring a third party inventory counter, you can reduce the stress related to conducting your annual inventory, minimize the preparation time and level of disruptions, and optimize revenue by ensuring your employees focus is on income-generating tasks.
At Pro Count West, we can help.
We provide specialized physical inventory services for automotive dealerships nationwide. From annual inventory counts to parts department reorganization to buy/sell inventories, we have the skills and experience you need to ensure that your inventory goals.
For more information, contact us today!