John Genge examines the whys and wherefores of efficient stock management and you won’t need a PhD to get the hang of it. It isn’t a complex science and no university degrees are needed but, managing stock to maximise sales, minimise stock loss and manage within working capital budgets does require a little planning and discipline
Retailer news
Countdown to IAAF conference and dinner begins
This year will see a number of firsts at the Independent Automotive Aftermarket Federation’s annual conference and dinner. For the first time the event will not be held at the Hilton Metropole, but the ICC in Birmingham, which was chosen due its travel versatility and array of accommodation options
Automechanika Frankfurt’s green directory announced
Twenty-five companies exhibiting at Automechanika Frankfurt have been listed in the Green Directory, out of 44 applicants. The announcement also saw Robert Bosch GmbH win special recognition for scoring the highest score in the competition, for its system of remanufacturing electronic automotive components
CAT'S INSIDE LINE: RENAULT ESPACE (2003-2012)
Carrying on the Inside Line series, we move on from looking at the Mark VI Volkswagen Golf and turn our focus towards a popular MPV in its day, the Renault Espace
IAAF URGES TRADE TO AIR VIEWS ABOUT ACCESS TO VM PARTS DATA
The Independent Automotive Aftermarket Federation (IAAF) is urging all suppliers and motor factors to air its experiences on accessing VM parts data. The rallying call comes as the European Commission (EC), survey assessing the market’s experience of obtaining repair and maintenance information, enters its final days
TRW designs braking fluid to work in all temperatures
TRW has developed the world’s first DOT 5.1 brake fluid designed to work and maintain its performance at all temperatures. The formulation has been scientifically engineered to meet the latest demands in ESP technology
TRAINEESHIPS SET TO DELIVER MORE FLEXIBILITY FOR AFTERMARKET EMPLOYERS
Running a traineeship is set to become easier for the aftermarket as government looks to give employers more flexibility over the programme, in its latest proposal. Government aims to build on the strong start it has made for its trainee scheme, which is designed to help young people prepare and ready themselves for an apprenticeship
CAT Retail Lives: Motorway Belts
Alan Herring and Darren Leppard tell CAT about Motorway Belt’s history and why customer service and A1 Motor Stores are key to its success. Motorway Belts in Hemel Hempstead is at the heart of its community. Its biggest selling point is its staff and the service it provides which has kept people coming back for more
Claiming all your allowable expenses
Working out what to claim and what not to claim can be like walking on a tightrope with potentially painful consequences if you slip. Tax can be an absolute minefield and ensuring that the correct income is declared is vital. However, the matter of what can be expensed is open to interpretation and misunderstanding. On the one hand you don’t want to miss out on valuable reliefs, yet on the other, you’ll not want to mistakenly claim for something that isn’t allowable and possibly give HMRC an excuse to conduct an investigation into your affairs
New editor for CAT magazine
CAT magazine is delighted to welcome Greg Whitaker as the new editor of CAT magazine. Greg was, until November, the editor of Aftermarket magazine and prior to this was the editor of PMV Middle East and a writer on Classics Monthly