You may be asking, how can I get rid of my Idle Parts Inventory, or even your Obsolete Parts Inventory.
Here is a list of ways to get rid of slow-moving parts inventory in alphabetical order in bullet point form:
Auction: Easy solution to clear parts in bulk.. After all expense are paid, usually, 10-15% of the original parts cost is recovered.
Cash Discovery Program: A dealer to dealer network, where parts are sold at 50% of dealer cost. Parts moved in bulk.
D2D Link: A available for Dodge, GMC, and Ford dealers. A single part transactions platform native to these brands system. Manual process with various parts pricing.
Dealermine: A dealer to dealer network, where parts are sold at 50% of dealer cost. Parts moved in bulk.
eBay: An established audience. Listings are typically 1 part at a time with some time required per listing unless the dealer has signed with a digital software company to provide this service – typically the majority of a dealers inventory is listed on eBay with this software.
NADPE – Parts Exchange Program: A dealer to dealer network, and an emerging technology, where parts are exchanged evenly at dealer cost, in bulk. No write-down of parts cost.
Write Off: Write off, and toss in the garbage. 100% loss.