Enhancing automotive parts inventory management
The auto inventory management process involves supervising the procurement, storage, tracking, and distribution of auto parts to ensure availability when needed and minimize costs associated with excess or insufficient inventory. The active management of automotive parts inventory for automotive businesses ensures customer satisfaction, improves profitability, and optimizes business operations.
To obtain these benefits, auto inventory management system requires careful planning, efficient processes, and automobile inventory management software to streamline operations and maintain an optimal inventory level.
Automotive Inventory Management Software Features
POS
Retail Store Management
Items / Parts Management
Vehicle Fitment
Barcoding and Label Printing
Inventory Management
Direct Sale / Special Orders / Back Order
Warehousing
Core Charges
MH Price
Commissions Management
Vendor Portal
Customer Portal
Tiered Pricing
- Retail
- Wholesale
- Customer Specific
Procurement
- Min/Max
- G-Store App for requisition request
- Requisition Portal for purchasing department and PO creation
Integrations
- VIN database
- QuickBooks Online
- QuickBooks Desktop
- Shopify
Intercompany Orders & Replication
- Multiple companies
Automotive Inventory Management Point of Sale (POS) Solution
The GOIS auto Parts POS system Automotive Inventory Management Point of Sale (POS) Solution offers an efficient sales process and inventory management for automotive businesses. This solution includes a user-friendly interface with real-time inventory updates and a comprehensive product catalog.
Integration with accounting software, support for barcode scanning, and mobile accessibility through a POS App and POS Admin App further enhance its capabilities. These features collectively address the specific needs of the automotive retail sector, ensuring efficient operations and streamlined inventory management.
Point of Sale (POS) App
GOIS offers a Point of Sale (POS) app that empowers your staff to make sales quickly and accurately. It simplifies the checkout process and enhances the overall customer experience. It enables you to:
Efficiently Process Sales
Quickly complete customer transactions in-store.
Manage Inventory
Automatically update inventory levels as sales are made.
Enhance Customer Experience
Provide fast and accurate service to customers.
POS Admin App
As a manager or administrator, you can oversee all POS activities using the POS Admin App. Monitor sales, track inventory changes, and make real-time adjustments to pricing and discounts, ensuring smooth operations. With it, you can have:
Centralized Control
Manage all POS activities from one central location.
Real-time Adjustments
Make immediate adjustments to pricing, discounts, and inventory levels to adapt to changing conditions.
Sales Monitoring
Monitor sales performance and identify trends that inform strategic decisions.
Efficient Inventory Management for Automobile Retail and Wholesale
- Manage auto parts inventory management and accessories for a single store or a multiple store
- Track inventory availability at warehouses and retail locations with ease
- Employers can scan product barcodes with the necessary quantities to reduce labor costs by barcode labeling products
- Software can be coupled with an online store to manage orders and inventory centrally
- Make quick inventory transfers to auxiliary stores
- Service billing and client tracking by vehicle or contract
- Quickly count inventory and audit goods
- Simple adjustments to inventory levels
- Make pre-committed inventory notifications
- On the fly, generate sales orders using a mobile device
- Simple order entry into the warehouse Improve customer interactions
Understanding Items, SKU, and Efficient Parts Management
Items
The Goods Order Inventory System enables businesses to efficiently manage various items within their inventory. An item in GOIS can represent a specific product, part, or unit that is tracked and managed as part of the overall inventory system. Each item is assigned a unique identifier and can include crucial details such as product name, description, unit of measure, and other relevant information.
SKU (Stock Keeping Unit)
A Stock Keeping Unit (SKU) is a unique code or number assigned to each distinct item or product in the inventory. It is a vital component of inventory management, allowing businesses to track and manage products effectively. The SKU provides a standardized method for identifying and categorizing items, making it easier to monitor stock levels, sales, and reordering.
Part Management
Parts Management is a comprehensive solution focused on efficient organization and tracking of automotive parts in inventory. It emphasizes precise record-keeping, automated reordering, and supplier management. Categorization and classification features aid in systematic part arrangement.GOIS Spare Parts Management is a robust system that optimizes operations, ensuring accurate stock levels, cost-effectiveness, and smooth supply chain processes for automotive businesses. The spare management system also includes features such as a detailed spare parts catalogue for easy identification and tracking, enhancing overall efficiency in spares parts management.
Understanding Fitment in the
Automotive Industry with GOIS
The Fitment Module in GOIS is designed to facilitate the process of associating automotive parts or accessories with a particular make, model, year, and other vehicle specifications. It involves a precise match of dimensions, characteristics, and functionalities, ensuring that the part fits and functions correctly in the intended vehicle. It also allows automotive businesses to maintain an organized record of features and their corresponding fitment information, aiding in accurate order processing and inventory management.
Key features of the Fitment Module include:
- Fitment Associations
- Search and Filter Functionality
- Compatibility Verification
- Part-to-Vehicle Mapping
- Data Accuracy and Consistency
Multiple Tiered Pricing
Automotive businesses often require flexibility in pricing for different types of tires. GOIS allows you to set and manage multiple tire pricing structures effortlessly, ensuring that you can cater to various customer needs. With our solution, you can handle multiple tire pricing effortlessly:
- Tiered Pricing: Set different price levels for various tire brands or types.
- Seasonal Pricing: Adjust prices based on the season to reflect market demand.
- Bulk Discounts: Offer discounts for purchasing multiple tires at once.
- Real-time Updates: Keep pricing up to date with automatic updates.
Automotive parts inventory management and procurement
The procurement procedure requires careful supplier selection, building relationships with suppliers, effective negotiation, and determining appropriate order quantities and frequencies to support the smooth operation of automotive businesses. Adequate inventory parts management improves profitability, a positive business reputation, and customer satisfaction.
GOIS automotive parts inventory management software simplifies the automotive parts procurement process by assisting with
- Identifying requirements: GOIS helps purchasing managers determine the auto parts needed based on historical sales, trends, and anticipated demand.
- Vendor management: Vendor performance can be evaluated based on factors such as previous pricing, product quality, delivery times, reliability, customer service, and overall past performance.
- Reorder point and safety stock calculation: GOIS allows businesses to set up reorder points and safety stock levels for each item in their inventory and automatically calculates when to reorder items based on predefined parameters such as lead time, desired service level, and demand variability, ensuring stock is replenished at the right time, avoiding Stockouts and minimizing excess inventory.
- Demand forecasting: GOIS demand forecasting helps in planning inventory levels and replenishment cycles. Analyzing historical data, customer demand patterns, and market trends assists in making informed purchasing decisions.
- Purchase order (PO) creation: Once the terms are finalized with a vendor, purchase managers easily create purchase orders in GOIS specifying the auto parts, quantities, agreed prices, and other relevant details.
- Product receipt and quality control: Upon delivery and inspection, inventory records and stock levels are updated in GOIS manually or directly through a wireless device to reflect the newly acquired auto parts quantities, delivery dates, and other information.
Sales Order Management
GOIS Sales Order Management focuses on the efficient processing and organization of sales orders throughout their lifecycle. It entails seamless order creation, validation, processing, fulfilment, and invoicing, ensuring timely and accurate order fulfilment. Centralized management and real-time tracking provide a holistic view of sales orders, optimizing processing and improving customer satisfaction. Integration with various business processes enhances operational efficiency and fosters cohesive communication across departments.The system also plays a crucial role in supporting auto parts inventory management.
Inventory Management
Goods Order Inventory System streamline and optimize parts inventory management software processes. It enables real-time tracking of automotive parts and products, ensuring accurate stock levels and efficient order management. It also ensures accurate monitoring of stock levels, order fulfilment, and reordering processes, facilitating efficient inventory control. Through this you can maintain a real-time view of available auto parts, enabling precise tracking, minimizing overstocking or stockouts, and ultimately enhancing productivity in the automotive parts businesses.
Automotive parts inventory management and warehousing
Advancing optimal inventory levels is demanding to avoid Stockouts or excess stock and requires building inventory control techniques & technology to set minimum and maximum stock levels, safety stock calculations, and reorder points.
An industry leader in inventory software for automotive parts businesses, GOIS provides the tools to optimize:
Storage and warehouse organization
Keeping products in a well-organized manner in an optimized warehouse facilitates easy picking, maximizes operational efficiency, and increases productivity and cost-effectiveness. GOIS assists with developing the optimized warehouse layout to minimize travel distances, bottlenecks, and congestion.
Inventory tracking and warehouse management
GOIS’s robust tracking system monitors stock levels, tracks usage, and demand patterns, and identifies slow-moving or obsolete parts. GOIS enables businesses to define warehouse locations, manage bin locations, and track inventory transfers accurately, streamlining warehouse operations, reducing manual errors, and improving overall efficiency.
Lot and serial number tracking
GOIS provides advanced lot and serial number tracking capabilities allowing automotive parts businesses to track and trace inventory items at the individual lot or serial number level, providing accuracy in managing recalls, and expiration dates.
Business and inventory decision-making
GOIS’s comprehensive reporting and analytics capabilities include customizable reports on inventory levels, stock movements, sales trends, and other critical inventory metrics. These insights set-up businesses to identify opportunities for improvement, make data-driven decisions, and optimize their inventory strategies.
Core Charges Management
What are Core Charges?
Core charges are deposits collected by automotive businesses when a customer purchases a new part, which is subject to a core charge. These charges serve as an incentive for customers to return their old, worn-out parts, which can be remanufactured or recycled.
Our solution helps you manage core charges seamlessly. You can:
- Track Core Deposits: Record core charges for each relevant part or component.
- Automate Refunds: Automatically refund core charges when customers return their old parts.
- Core Charge Reports: Generate reports to monitor core charge transactions.
MH (Material Handling) Price Management
Material handling equipment and supplies are vital in an automotive business for moving and managing inventory efficiently. GOIS includes an MH Price Management feature that allows you to:
- Set and Adjust MH Prices: Define pricing structures for material handling equipment and supplies.
- Track Costs: Keep a record of the costs associated with acquiring and maintaining material handling items.
- Optimize Resource Allocation: Ensure that you allocate the right material handling resources for various tasks.
- Automate Billing: Easily bill customers for material handling equipment usage or rental.
Goods Order Inventory Apps
GOIS Web App is a user-friendly auto parts software download designed for efficient inventory management in the automotive business. It offers real-time tracking, barcode scanning for easy updates, multi-location organization, streamlined order management, supplier/vendor relations, insightful reporting, and customizable user permissions. Experience a seamless approach to managing automotive inventory, optimizing operations, and making informed decisions.
G-Pricing is a powerful tool within GOIS that helps you set competitive pricing for your products, ensuring that you remain competitive in the automotive market.
- Stay Competitive: Adjust pricing in real-time to remain competitive.
- Maximize Profit: Optimize pricing strategies to boost profitability.
- Analyze Market Data: Use market data to set appropriate prices.
GOIS offers a Point of Sale (POS) app that empowers your staff to make sales quickly and accurately. It simplifies the checkout process and enhances the overall customer experience. It enables you to:
- Efficiently Process Sales: Quickly complete customer transactions in-store.
- Manage Inventory: Automatically update inventory levels as sales are made.
- Enhance Customer Experience: Provide fast and accurate service to customers.
As a manager or administrator, you can oversee all POS activities using the POS Admin App. Monitor sales, track inventory changes, and make real-time adjustments to pricing and discounts, ensuring smooth operations. With it, you can have:
- Centralized Control: Manage all POS activities from one central location.
- Real-time Adjustments: Ensure accurate item selection and pricing.
- Payment Options: Monitor sales performance and identify trends that inform strategic decisions.
Stay connected with your inventory and business processes on the go with the G-Mobile app. Access vital information and perform key tasks from your mobile device, enhancing your flexibility and responsiveness.
With GOIS, you can transform your automotive inventory management into a streamlined, efficient, and customer-focused operation. Whether you’re dealing with core charges, pricing, commissions, or any other aspect of your business, GOIS provides the tools you need to succeed.
GOIS offers a G-Store app for your customers, enabling them to browse your inventory, place orders, and stay connected with your business from their mobile devices. It allows them to:
- Browse Inventory: Easily browse and search your product catalogue.
- Place Orders: Make purchases directly through the app.
- Stay Informed: Receive notifications about promotions and updates.
This feature expands your reach and increases customer engagement.
Ensure that your inventory is always well-stocked with the Requisition app. This tool allows your employees to request items they need, simplifying the procurement process. Our requisition app allows you to:
- Automate Reordering: Set up automatic reorder points for items.
- Supplier Integration: Send purchase orders directly to suppliers.
- Inventory Tracking: Monitor requisition status and delivery times.
- Cost Control: Keep track of expenses associated with requisitions.
Automotive Inventory
Management Solution: GOIS Integrations
Managing your automotive inventory efficiently often requires seamless integration with various tools and platforms to streamline operations. At GOIS (Goods Order Management Inventory System), we understand the importance of these integrations in ensuring that your automotive business runs smoothly. GOIS seamlessly integrates with QuickBooks, Shopify, EDI (Electronic Data Interchange), and our API to empower your automotive inventory management.
