With an idle parts management solution like OEC PartsBrokerDirect (PBD), you have the option to have your personal broker handle the shipping logistics for you. Send your broker the weights and measurements of your parts order and they will obtain quotes from shipping partners to find the best price for you.
There are no extra fees for your broker to handle shipping, you only pay for what you ship and the cost is directly billed to your parts statement. You also have the ability to review the shipping quotes and determine shipping constraints and pick-up times before confirming the shipments.

Once the shipping confirmation is complete, your broker sends confirmation to you via email with all of your shipping documents (i.e., bill of lading and shipping labels) for you to print. Tracking information is included in your confirmation and allows you to ensure that your shipments arrive as scheduled.

Shipping can be a big burden; we try to take away all of the added stress and wasted time to get you back to focusing on selling OE parts.

 

PartsBrokerDirect Shipping FAQs

There are two main costs associated with selling idle parts. The cost of the solution you use to sell the parts, and the shipping fees.

The solution cost varies depending on which solution you use. Always make sure the solution you choose allows you to market your idle inventory to buyers without any upfront financial risk to you.

Solutions like OEC PartsBrokerDirect (PBD) have no subscription fee to get started. You can view and receive offers at no cost to help clean up your idle inventory and realize revenue on parts that otherwise would sit and collect dust.

What sets PBD apart from most idle solutions is that it provides a personal broker — a live person — to help sell your parts faster and ensure your selling experience is consistent; your broker will also help you make adjustments to your selling rules so you get the maximum profit from each sale.

PBD charges a 6% seller’s fee which is consistent with industry standards and is only incurred once an offer is completed.

The other main cost incurred when selling idle parts is shipping. Your PBD broker has partnerships with shipping vendors that make shipping easy and affordable, and will assist you in determining the best method of shipping your parts. On average, PBD brokers save dealers 40% when they coordinate your shipping.

Idle management solutions like PBD are a great way to market idle inventory to other dealers and quickly move idle parts, helping you recoup revenue from slow-moving inventory to reinvest in fast-moving OE parts.

Idle parts can become a big problem for your dealership. Not only do these parts hurt your bottom line, but they also take up physical space that could be used for faster moving parts. Once a part is considered idle (not selling for 9-12 months), it has a very low likelihood of ever selling.

As a seller of idle parts, using an idle management system or brokering service can quickly find buyers for your idle inventory and sell parts at a discount, helping you regain the otherwise lost investment.

As a buyer with an idle management system or brokering service, parts requests are matched to a seller. Instead of waiting a long time to get these parts from other resources, these sellers can ship the parts quickly to you. Another huge plus? The idle parts you are buying are often marked down from the retail prices.

When searching for idle management solutions, keep in mind a few key questions to ask before you decide what will be the best option for your department.

1. What is the cost to sell or buy idle using this service?
2. Who can I contact if I have questions or need to change my rules for my offers?
3. Are the selling and buying rules customizable for my offers I receive?
4. Can I coordinate shipping through my brokerage service?

With these key features in mind, pick an idle management solution that works best for you and your team. OEC PartsBrokerDirect is easy to use and has no set up or subscription fees to get started. For more information, click here.

We know those parts that aren’t selling are taking up valuable space. So using an online idle parts management service is the key to finding buyers for your idle parts and get those parts off your shelves.

With a service like PartsBrokerDirect, you can match your idle inventory with buyers looking for those parts. A broker then sends you an offer where you can quickly decide if you want to sell or pass, based on the price offer. Most of the time, a process like this is pretty simple and easy to set up.

 

Right now, buyers are waiting to buy your parts, and all you need to do is set up your rules with your personal broker, sit back, and watch the idle parts sell. This also gives you a returned investment on parts that otherwise would be very hard to sell. With those newly-found funds, you can reinvest in faster-moving parts to recoup your losses.