Chuck Hartle is the co-founder and President of PartsEdge, a powertool for Dealerships Parts Operations, helping to increase DMS utilization, improves efficiency, accuracy, and profitability with solid and consistent plans for eliminating all types of idle inventory in a Parts Operations. With over 40 years in the auto industry Chuck has the know-how and love for the industry that has enabled PartsEdge to identify the biggest needs of dealerships. Today, we dive deep into the pivotal role of parts managers within dealerships and how their responsibilities often overlap with those of sales managers, especially in terms of managing assets like used cars and parts inventory. We'll explore the unique challenges parts managers face, such as dealing with automatic stock replenishment programs and the constant battle of managing inventory that isn't always guaranteed by the manufacturer.  Stay tuned as Chuck shares invaluable insights on the importance of meticulous inventory control and forward-thinking strategies to manage parts effectively. This episode is packed with information that both seasoned professionals and newcomers to the field won't want to miss. -------------------------------------------- This show is powered by PartsEdge: Your go-to solution for transforming dealership parts inventory into a powerhouse of profitability. Their strategies are proven to amp up parts sales by a whopping 20%, all while cutting down on idle inventory. If you're looking to optimize your parts management, visit 🔗 www.partsedge.com. -------------------------------------------- Takeaways Take early losses to prevent bigger ones. Actively manage non-guaranteed stock to avoid waste. Learn continuously and plan future inventory strategically. Quote “Your first loss is your best loss.” - Chuck Hartle Connect: Chuck Hartle LinkedIn: www.linkedin.com/in/chuck-hartle-1923ab14 Website: www.partsedge.com Kaylee Felio LinkedIn: www.linkedin.com/in/gotopartsgirl Website: www.partsedge.com