Take control of your inventory with Lightspeed’s powerful tools designed to simplify and streamline your processes. This webinar will provide strategies and insights to help you maintain accuracy, reduce costs, and optimize your dealership’s operations.
Key features we’ll cover:
How to Prepare, Organize, and Best Practices for Completing a Parts Inventory Count: Ensure efficiency and accuracy in your inventory process.
Physical Inventory Count Process Options, including:
Bar Code Scan Counts with the Lightspeed Mobile App
Parts Count Sheets
Parts Inventory – Reorder Guide (Buying Guide); Setup and Usage Tips
Inventory Reporting and Analytics: Gain actionable insights to optimize sales, profit margins, and inventory turnover.
https://www.lightspeeddms.com/solutions/parts/
Recorded on April 9, 2025
Transcript Summary:
The webinar focuses on mastering physical parts inventory counts in Lightspeed. This topic is essential for many dealerships striving to improve inventory accuracy, streamline operations, and avoid costly errors.
Key Highlights:
Importance of Strategy:
A successful inventory count involves more than just scanning items—it starts with thoughtful planning. Bryan emphasizes the value of having a strategy in place before you begin counting to save time and reduce mistakes.
Preparation Steps:
Before initiating a physical inventory count, dealerships should:
Evaluate inventory areas and layout
Organize and label parts
Assign staff roles for better coverage
Plan when the count will happen to minimize disruption
Lightspeed Tools:
The platform includes helpful features that make the counting process smoother, including:
Detailed inventory fields within each part record
Tools to track and adjust counts
Integrated reports to analyze results post-count
Closing Note:
Lightspeed’s robust tools and thoughtful preparation can significantly enhance the accuracy and efficiency of dealership inventory practices. The webinar is packed with practical advice and insider tips from someone who has walked in a dealer's shoes.