If you work at an RV repair shop, you know “RV” might as well stand for “Repair Very (Often).” Wait, no…that felt clunky. Let’s take it from the top:
If you work at an RV repair shop, you know “RV” might as well stand for “Repair Viciously.” That means you need software that w—hang on, viciously? That makes it sound like you’re trying to break RVs, not fix them. One more try:
If you work at an RV repair shop, you know “RV” might as well stand for “Repair V (Times a Week, But It’s The Roman Numeral V, Meaning ‘Five’).” You know what? This bit isn’t working, and we aren’t too proud to admit that.
Let’s cut to the chase: RVs may be different from semi trucks and other types of heavy equipment, but they still need maintenance and repair work on a regular basis. The key to successfully doing this work is making sure you have the parts you need—and for that, you’ll want to have a rock-solid strategy in place for inventory management. Here are V reasons why your RV repair shop should draw up a digital inventory management system.
What is Inventory Management System?
So what is an inventory management system? Put simply, an inventory management system is a program that keeps track of the parts in your shop.
Put a bit less simply, inventory management system software is what your RV repair shop needs to bring its approach to part tracking into the 21st century. Finding the right program for your inventory will make it easier than ever for you and other workers at your shop to order, manage, and price parts.
Of course, you might think you can get away with continuing to use your current system for inventory management—and technically, you wouldn’t be wrong. But by clinging to outdated methods, you’ll miss out on an opportunity to seriously improve your shop’s workflow. Switching to an automated inventory management system comes with countless benefits, such as:
The Benefits of Inventory Management System
That header kind of interrupted the momentum we had going there, huh? Oh, well—these benefits speak for themselves.
1. Streamlined Inventory Tracking
Your shop’s inventory is an asset, and you should treat it as such. It’s important to keep a close eye on the number of parts you have and know where those parts are at all times. Inventory management software excels in this capacity—a barcode inventory management system can automatically track parts from the moment you order them to the moment you use them in an RV.
The best inventory management software can even protect you from overstocking or running out of parts. These programs offer automated inventory updates to let you know when you’re on track for a parts shortage, and they can help you reorder just enough parts to meet your needs without spending too much.
2. Enhanced Organization and Efficiency
By its very nature, inventory management system software acts as a centralized hub for parts-related services. With one of these programs, you can buy parts, track them, and take care of other relevant tasks in the same convenient place (maximizing your efficiency in the process). This software can also help you categorize and label parts in your inventory, making it trivial to retrieve these parts later on.
And let’s face it: typos are all too common when it comes to manual data entry. But while a round of proofreading is usually enough to catch a misspelled word, inaccuracies in inventory management can be much harder to spot—and could have severe consequences for your shop. Shops that automate their inventory management process can essentially eliminate this issue.
3. Improved Customer Service
Buying parts within an inventory management system is a quick, simple process that can make life considerably easier for you and your technicians. But other people can also benefit from this situation—namely, your customers.
When you have reliable access to the parts you need, you’ll be able to keep wait times for your clients to a minimum. In the rare instances when you need to special order a part you don’t have in stock, you can use web-based inventory management software to handle this as efficiently as possible. As a result, you’ll provide better customer service than ever before and improve client satisfaction as a direct result.
4. Cost Savings and Profitability
Have you ever heard the phrase “waste not, want not?” This saying might give you flashbacks to family dinners as a child, but it applies surprisingly well to the RV repair industry. Having a large inventory has its benefits, but it can also have an unexpected financial impact on your shop—the annual cost of carrying a heavy-duty inventory is roughly 20 percent of that inventory’s value.
The good news is that inventory management programs can help your shop optimize inventory levels and avoid wasting parts. Along with the aforementioned inventory updates, this software can give you real-time data on your stock levels. This information gives you an opportunity to make informed decisions on part markups and more.
5. Integration With Other Business Processes
A holistic approach to inventory management strategy lets you manage multiple parts of your RV repair shop as an interconnected whole. If you have accounting or customer relationship management software, you can integrate your inventory management software with these solutions and further simplify your shop’s operations.
Keep Track of Your Inventory
If you work at an RV repair shop, you know “RV” might as well stand for “Requires Vigilance.” While they might not technically be considered “heavy equipment,” RVs still need constant upkeep to continue running as they should. But you won’t be able to handle that work without access to a wide range of parts—and an inventory management system can help.
When you choose the right POS system with inventory management capabilities, your shop will enjoy benefits such as enhanced efficiency, unbeatable customer service, the ability to strike fear into the hearts of your competitors, and increased profitability. Fullbay offers inventory management features like vendor management, parts markup adjustment, and part kit creation—and that’s not even getting into abilities such as customer communication, integrated accounting, and reporting. Learn more by setting up a Fullbay demo today!