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Parts Cost Trends at the VMRS System Level
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Episode 322: Tracking parts cost trends is vital in the heavy-duty parts industry. The last 6 months of 2023 and the first quarter of 2024 were flat or even down for many heavy-duty parts companies as the freight recession affected the industry. Encouragingly, there seems to be an uptick in activity over April and May which gives us hope of better months ahead.
Our featured guests are Dick Hyatt, CEO and President, and Nick Pittinger, Director of Data Services, at Decisiv. They discuss the need for accurate data about parts costs, especially at the VMRS level, and compile reports on this data to help the rest of the industry better understand the trends.
Show Notes: Visit HeavyDutyPartsReport.com for complete show notes of this episode and to subscribe to all our content.
Sponsors of this Episode
Heavy Duty Consulting Corporation: Find out how many “fault codes” your heavy-duty parts business has. Meet with us today. Visit HeavyDutyConsulting.com
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HDA Truck Pride: They’re the heart of the independent parts and service channel. They have 750 parts stores and 450 service centers conveniently located across the US and Canada. Visit HeavyDutyPartsReport.com/HDATruckPride today to find a location near you.
Disclaimer: This content and description may contain affiliate links, which means that if you click on one of the product links, The Heavy Duty Parts Report may receive a commission.
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Chapters
1. Heavy-Duty Parts Sales Trends (00:00:00)
2. Trucking Industry Trends and Challenges (00:09:01)
3. Industry Trends and Data Analysis (00:23:26)
328 episodes
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