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Core inventory and refund process

edited Jan 29, 2021 3:37PM in Profitability and Cost Management 1 comment

Summary

Need the best approach for core inventory & refund values

Content

Core inventory refers to parts that have a core value, often referred to as a core price or charge, which acts like a deposit to encourage parts departments to return these old parts to be reused or remanufactured - similar to returning a beverage bottle or can. In the world of automotive repair, there are a number of parts that can be remanufactured after they have reached the end of their current usefulness including, but not limited to, batteries, brake shoes, brake master cylinders, clutches, water pumps, starters, alternators and air conditioning compressors.

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