7 Ways To Get Rid Of Idle Parts Inventory & Obsolete Parts Inventory

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.

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