The cost of missed opportunities drives entire industries which include the likes of Wal-Mart, Kroger’s, Nordstrom’s, Priceline and such. Shouldn’t dealers being paying attention to these costs and opportunities as well? Mark DeLucia will teach you how to develop strategies and better understand the profit margin impact of having more of the ‘right’ parts and less of the ‘wrong’ parts on the shelf.
He’ll review a number of case studies involving some of the largest companies and largest dealer groups in the world. He’ll also look at a few of the different roles of the parts manager and how to more efficiently leverage these roles into increased profit opportunities. Mark will also give you a number of quick and easy ideas to help turn your parts department into a more profitable profit center, including buying fast moving OEM parts at huge discounts. Mark DeLucia is sharing his expertise with you.
What will you learn and what action items will you take back to the dealership?
1. Learn how to quickly and easily identify the wrong parts in your inventory.
2. Learn how to explore resources to help convert these wrong parts into profits, with up to 120% margins.
3. Learn strategies to reduce hidden costs in the parts inventory.
4. Learn how to develop a profitable approach to hiring.
5. Learn other simple profit multipliers that are available to the parts manager.
Mark DeLucia is the founder and president of DealerMine Corporation. He has helped new car dealerships increase their parts department profits for over 25 years, serving over 13,000 dealers during that time. In 1985, DeLucia co-founded PartsVoice, the largest automotive parts locator of its kind. PartsVoice had over 10,000 participating dealers at the time of its sale to The Cobalt Group in 1999. DeLucia started the Chrysler parts locator for PartsVoice, which later evolved into the Mopar National Parts Locator for Chrysler Corporation. He pioneered the “idle stock relocation” industry in 1997 for PartsVoice. He remains passionate about the long term interest of the customers he serves.
A 13th Digital Dealer® Conference & Exposition Featured Speaker: Mark DeLucia presents: Discovering Huge Hidden Profit Opportunities in your Parts Department — The cost of missed opportunities drives entire industries which include the likes of Wal-Mart, Kroger’s, Nordstrom’s, Priceline, and such. Shouldn’t dealers being paying attention to these costs and opportunities as well?
We’re building out the agenda, selecting speakers and topics for more than 100 sessions that are laser-focused on all things digital.
The Digital Dealer Conference & Exposition is the premier educational conference and expo dedicated to Internet and technology solutions for automotive professionals. Digital Dealer events deliver the largest array of speakers, peer to peer opportunities, and exhibit hall offerings – all carefully designed to impart cutting edge business strategies. With an audience of the industry’s most progressive dealers and managers and the most innovative conference format, Digital Dealer provides the ultimate learning and networking environment. For more information, visit: www.DigitalDealerConference.com
