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Hello, we are the British Agricultural and Garden Machinery Association, but you can call us BAGMA

Managing the Parts Business successfully

This course is designed for those who have worked within the Parts business for a minimum of 12 months and have new responsibility within a Parts Department of an element of it and have, ideally, attended a ‘Foundation Parts’ course. The course will enable them to:

  • Display knowledge of how their actions affect the performance and profitability of other functions within the business
  • Understand Stock Turn, Range and Depth of stock and manage inventory levels
  • Understand and calculate stock movement categories, ordering parameters and stock hold composition
  • Measure performance of first fill rate, lost sales and customer satisfaction
  • Forecast demand and safety stock levels for core business items and seasonal items
  • Reduce and control levels of slow moving and obsolete stock so as to improve profitability
  • Display an understanding of basic marketing skills that can both stimulate new sales opportunities and maintain margins on core business
  • Understand the basic financial elements of the business so that they can monitor and improve cash flow, margins and absorption rate contribution
  • Recruit, coach and manage staff to perform to their full potential

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