Dear Visitor,

I would like to introduce you to "PartsWeb". This is a product aimed at aiding dealers to address the problems of automotive dealerships accruing aged or "dead" parts inventory.

• The changing nature of the automotive product (new models) means that automotive dealers can expect to accrue dead stock as a natural course of being in business.

It is important for dealers to be able to:

1. Recognise their existing dead stock
2. Take action to reduce their dead stock
3. Recognise and action their "danger stock" or "potentially dead stock".

Dead stock is defined as parts that have been in stock but have not been sold for 12 months or more. "Danger" stock, can be defined as parts that have not sold for the past 6 months (but may be heading towards a "dead" classification.) This is a significant investment in your business, which can be regarded as an asset of "doubtful" value because, without positive action, you may never sell this stock.

Dead stock results from demand for parts slowing or falling in YOUR market area.

The question is then,

• How to open up your inventory listing to as many areas as possible to find more potential customers for your ?Dead ? stock?
• Also, how to do this in a way that is COST EFFECTIVE in both
  1. time spent on the problem by your staff and
  2. making the information available quickly to others who may have sales for your items.

The GOOD NEWS is that partsweb.com.au is a new business aimed at addressing these problems for you. It is "One stop shopping" or a multi-franchise meeting place for all makes of car parts.

Subscribers have the options of being able to submit listings of stock that they wish to offer as well as the ability to read or search other lists by part number.

This ability to look for

1. Hard to get parts (which can help win new business as well as retaining customers) or
2. Items at bargain or discounted prices,

... can offset the costs of offering extra discount or freight costs you may need to necessarily offer to be able to sell your own dead stock items.

The service is very simple to use for subscribers

• Both for enquiry and
• Submission of parts listings.
• The information provided can be updated as often as subscribers deem necessary based on their sales (bearing in mind that other subscribers want confidence in the information placed by a subscriber).

To subscribe to PartsWeb, go to the REGISTER page and complete the registration form for your dealership and the direct debit reference number. PartsWeb will respond to your email with a tax invoice confirming your details and login and password details as well as details for creation and submission of listings.

If you have any questions not answered in the information above, please contact us.

We look forward to helping you towards new and on-going sales for your old stock.

Gary Orrman
Director