What strategies does Byrider suggest for managing in-house parts inventory?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
CTICE: On-site service | 5.1 | | New store opening – tools and equipment considerations | 5.2 | | New store opening – staffing considerations | 5.3 | | Computing standard labor cost for the Service Department and hours available | for customer | | appointments | 5.5 | | Billing actual clocked time vs. a flat rate | 5.8 | | Uniforms | 5.10 | | BEST PRACTICE: Appearance | 5.10 | | Borrowed vehicles | 5.10 | | Hours of operation | 5.11 | | How do you decide whether or not to sublet? | 5.12 | | The advantages of using Dealer Services | 5.13 | | Fixed price jobs | 5.14 | | Shop jobs | 5.15 | | PROCEDURE: Shop Job set up and modification | 5.15 | | Expediting work assignments in the Service Department – bin system | 5.17 |
Page Rev. 01/29/2021
Chapter 6 – Shop Inventory (Parts, consumables, and shop supplies)
| Purpose | 6.1 |
|---|---|
| Pros and cons of bulk fuel inventory | 6.1 |
| BEST PRACTICE: Fuel storage | 6.1 |
| In-house parts inventory strategies | 6.2 |
| BEST PRACTICE: In-house parts inventory | 6.2 |
| Purchase orders when an outside vendor sources parts | 6.3 |
| Choosing vendors and managing pricing | 6.4 |
| BEST PRACTICE: Vendor contracts and service lines of credit | 6.5 |
| BEST PRACTICE: Parts and supplies ordering | 6.5 |
| BEST PRACTICE: Parts and supplies deliveries | 6.5 |
| Shop and detailer's supplies | 6.6 |
| Pros and cons of bulk fluids | 6.7 |
| Accounting for bulk fluids | 6.8 |
| Updating prices for non-inventory bulk fluids | 6.11 |
| PROCEDURE: Changing prices on bulk non-inventory items | 6.11 |
| Adding a new part to inventory | 6.13 |
| PROCEDURE: Adding a part to inventory | 6.13 |
| Updating/correcting part inventory data | 6.16 |
| PROCEDURE: Changing an existing part in inventory | 6.16 |
| Active/Inactive parts | 6.19 |
| PROCEDURE: Changing parts from "Active" to "Inactive" and "Inactive" to "Active" | 6.19 |
| Purchase orders (PO's) | 6.21 |
| BEST PRACTICE: Purchase orders | 6.21 |
| Ordering parts for inventory | 6.22 |
| BEST PRACTICE: Credit cards | 6.22 |
| PROCEDURE: Checking for stocked parts that should be ordered | 6.23 |
| PROCEDURE: Ordering parts for inventory | 6.24 |
| Receiving inventoried parts | 6.32 |
| PROCEDURE: Receiving inventory and reconciling the purchase order | 6.33 |
| Reopening a purchase order (PO) | 6.40 |
| PROCEDURE: Reopening a purchase order (PO) | 6.40 |
| Credits/returns/cores | 6.42 |
| Tracking JIT parts to be returned | 6.43 |
| PROCEDURE: Processing returns/credits for inventoried items and |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider Franchise Disclosure Document, Byrider provides guidance and training on managing in-house parts inventory. Specifically, Item 23 references section 6.2, titled "In-house parts inventory strategies" and "BEST PRACTICE: In-house parts inventory." This indicates that Byrider has established methods and recommendations for franchisees to effectively manage their parts inventory.
Furthermore, the Vehicle Service Operations and Management course, a three-day training program, is designed for personnel responsible for managing the Service Department of a Byrider store. This course includes hands-on practice in Discover for vehicle reconditioning and servicing customer vehicles. The curriculum covers the management of various aspects, including parts inventories, shop workload, vendors, vehicle inventory, safety and environmental issues, shop maintenance, service department goals with boards and reports, and personnel.
In addition to training, Byrider provides specific reports to assist in managing parts inventory. The "Parts Inventory Report" and "Parts Activity" report are listed as available reports. These reports likely provide franchisees with data and insights necessary to monitor and control their parts inventory effectively.
For a prospective franchisee, this indicates that Byrider places a significant emphasis on proper parts inventory management, offering both training programs and reporting tools to support franchisees in this area. A prospective franchisee should inquire about the specifics of the "BEST PRACTICE" strategies, the content covered in the Vehicle Service Operations and Management course related to parts inventories, and how to utilize the Parts Inventory and Parts Activity reports to optimize their inventory management.