Inventory can include items like oil, tools, and large equipment. It also includes stock items, or parts which are sold to the customer during the course of repairs, such as gaskets and timing belts.
Inventory management and parts management go hand in hand, but outside of labor profits, the profit a shop brings in ultimately comes from parts markup at the point of sale. Consequently, there’s very little room for error in managing parts.
Simply put, mismanaged parts means money left on the table and unhappy customers—a combination no shop owner or automotive team wants to experience.
A good auto parts inventory management system should let you:
• Know what parts you have in stock and how many you have
• Track what sells and what sits on the shelf longer than it should
• Help you plan for growth.
With the right auto parts inventory management system, your shop can go from disorganized to a well-oiled machine generating more and more profit.
How to know when it’s time to update your auto parts inventory management system
What are some indicators that your auto parts inventory management could use a tune up? And when should you start looking into shop management systems like Tekmetric? Here are some indicators to look for:
1. Overstocking Parts
It is easy to overestimate the demand for a specific part, especially if you are ordering parts between seasons, ordering specialty parts, or still using pen and paper or a spreadsheet to calculate your inventory.
Whatever the cause, it is important to remember that every part has a carrying cost. You can think of “carrying cost” as the storage cost for a part. Every part that sits on a shelf and occupies space that better selling products could take up costs your business money.
2. Parts Shortage
If you’re constantly running out of supplies, your auto parts inventory management system is failing. Good parts management requires staying ahead of the curve to anticipate the needs of your shop.
If you are always running out of parts and having to order them before you can complete a job, jobs will take longer, you’ll wind up paying more for parts, and you may lose your customers’ trust.
3. You're wasting time finding parts!
Whether the problem is a shortage or overstocking, either way your shop is spending too much time managing inventory ineffectively! If inventory management has become a dreaded task at your shop simply because it takes so long to complete, it is time to upgrade your system.
Inventory management must be a smooth process if you want the rest of your shop to operate efficiently. If regular check ups on your auto parts inventory are taking too long, it is probably a sign of a larger underlying problem—disorganization.
Own Your Parts Inventory With a Cloud-Based Shop Management System
You can’t run a shop without the right parts and tools, and in today’s automotive industry. Cloud-based shop management systems not only simplify your shop's operations, they even make it easier to make more money!
1. Direct Integrations with Parts Vendors
With immediate access to your favorite vendors directly inside Tekmetric, service writers can instantly find what they need.
Even better, because you an integrate multiple vendors, your shop can compare prices to get the best deal, and place an order in a matter of seconds.
2. Complete Inventory Management - From Anywhere
Track the flow of parts in your shop with Tekmetric's Inventory that connects to repair orders, estimates, and more. If you don't have a part in stock while working on a car, quickly swap the part for a similar one in inventory.
And because your shop management system is in the cloud, you can access your shop's parts inventory and do everything you could in your shop right from your phone or tablet. Literally, you can log in from anywhere in the world you have an internet connection to gain complete access to your shop remotely.
3. Create parts matrices to apply the right mark-up every time
By building streamlined process for marking up parts, shops can ensure grow your shop’s profit margin while staying fair to customers.
Fine Tune Inventory Management with Tekmetric
Whether you need to track down a stray steering column or make a decision about how much to invest in A/C repair parts for the summer, Tekmetric is your go-to system for gaining a better understanding of how parts move through your shop.
Well-written mechanic work orders help technicians stay on task and efficiently move jobs through to completion. With Tekmetric’s Job Board, mechanic work order templates, and Tech Board, you can craft and manage highly detailed work orders, strategically assign work, and track progress all from one intuitive shop management software.
If you're a service advisor, you probably know the ropes of preparing a work order like the back of your hand: you get the technician to perform an inspection, put together an estimate, get approval for the work, and then prompt the techs to complete the work. And if you’ve read our digital vehicle inspection guide, you know that Tekmetric makes drawing up mechanic work orders that much easier. But what happens when it’s time to assign work, and it seems like all the technicians are already stacked with jobs?
Without the right tools, assigning work evenly across your team of technicians can come with a serious learning curve. Fortunately, Tekmetric can simplify work order creation and job distribution, too. Small details and adjustments intentionally designed into our system can make a big difference in how efficiently the work is completed.
Technicians and service advisors, you know the pace and organization of a shop depends on the efficiency of its work order process. If you don’t know what to do, what to use, and how long you have to complete a job, it’s difficult to fix a car and get it back to the customer on time. And as your shop scales to take on more work, the management challenge increases exponentially. So let’s dive into how to streamline mechanic work orders and get more work done without it seeming like, well, work.
Tekmetric, the leading Houston-based automotive repair technology company, has been recognized as a 2022 MOTOR Top 20 Award winner for its recent integration with RepairLink by OEConnection (OEC), a renowned technology provider for the aftersales industry.
The integration, selected by industry experts as well as public popular vote, allows shop owners to seamlessly order original equipment manufacturer (OEM) parts directly from the Tekmetric Shop Management System.
For over three decades, the annual MOTOR Top 20 Awards have recognized outstanding new industry solutions across the automotive industry, from the most innovative tool or equipment to creating the best customer experience.
Winners are selected by automotive professionals and experts who voted over a thirty-day open voting process from a selection of this year’s most valuable contributions to the industry.
“As a leading shop management system, our team at Tekmetric shares a mutual belief with our partners at OEC that we best support shop owners in all their business needs by providing modern and relevant solutions,” said Sunil Patel, Co-Founder and CEO of Tekmetric.
“We are honored and humbled to have the Tekmetric-RepairLink integration recognized by both our customers – shop owners – and our industry peers as one of this year’s most innovative solutions.”
With its combination of Tekmetric’s cloud-based capabilities and RepairLink’s parts ordering platform, the integration builds upon Tekmetric’s existing parts ordering offerings to streamline the process of ordering OEM parts for auto repair shops. Through the integration, shop owners can track orders or returns with real-time online updates, as well as address orders in one screen, transferring any quoted parts and VIN numbers automatically into Tekmetric.
“Vehicle sophistication is growing rapidly, and all signs point to even more advancements, meaning it’s absolutely necessary for repairers to have enhanced access to critical parts and information,” said Bonnie Coleman, OEC Director, Mechanical Retail.
“This is why OEC is thrilled to partner with Tekmetric, and that this integration has been recognized for the valuable contribution it offers to the industry.”
Tekmetric, a Houston-based auto repair technology company, offers a cloud-based platform that enables auto repair shop owners to enhance productivity and increase profitability through its streamlined workflow management processes.
Designed by a former shop owner, Tekmetric’s platform drives shop efficiency through real-time data, a customizable user interface and customer-centric communication tools.
Since its launch in 2016, Tekmetric has disrupted the industry with its robust fully-integrated system, developed with an emphasis on customer transparency and user collaboration.
OEConnection Holdings’ portfolio includes OEC, the leading parts ecommerce technology provider for OEM distribution networks, serving over 20 OEMs and 100,000 dealership and repair customers.
Providence Equity Partners is the majority stakeholder of OEConnection Holdings; Ford Motor Company and General Motors are minority stakeholders.
The company is headquartered in the greater Cleveland area at 4205 Highlander Parkway, Richfield, Ohio, 44286
Mechanics need the best tools to perform repairs efficiently and safely. With so many brands in the automotive industry, it can be hard to sift through the noise to find the right automotive tool brand for you. Whether you are a beginner or an expert mechanic, this guide will help identify the best brands for you.
Below, we have highlighted the top automotive tool brands to help you select the best tools for your needs. We have hand-selected these brands to provide a variety of price points and quality levels. Each brand has something unique to offer and we hope this guide helps you narrow down your choices.
Our Top-Rated Mechanic Tool Brands
While every mechanic tool brand has something unique to offer, these high-quality brands stood out to us based on value, reviews, durability, and performance. Tekmetric reviewed these brands without any affiliate commission to remove bias.
Matco Tools: Premium tools for everyone
Matco is a prominent brand in the automotive tool space because of its reputation for durable and reliable products. Featuring a wide variety of hand tools (and apparel) at reasonable prices, Matco has become a leading brand. Products include wrenches, sockets, ratchets, screwdrivers and more. This brand is a great option for mechanics looking for quality tools that are built to last.
Kobalt: Budget-friendly tools
Kobalt has become a popular choice for mechanics looking for professional-grade tools without breaking the bank. They have found the perfect balance of quality and price. Plus, they are easy to find and readily available at Lowes and Amazon. However, if you are looking for highly specialized tools, Kobalt may not offer every tool you need. In addition, you may find better quality from other brands but quality comes at a cost.
Wright Tool: American-made tools
Wright is an innovative USA tool supplier that has created a reputation for quality long-lasting tools. Wright features an extensive product range including wrenches, sockets, hammers, tool storage, screwdrivers, and more. Wright is a great option for those looking for innovation and American-made tools.
Snap-On Tools: Professional-grade hand tools
Snap-On has become synonymous with exceptional quality, precision, and durability, making it a preferred choice among professional automotive mechanics. The premium pricing will be easily justified by professional mechanics and those looking to make an investment but may not be the best choice for casual or DIYers. Snap-On is a great choice for those looking for top-notch quality and performance.
Craftsman Tools: Reliable and budget-friendly
Craftsman is another popular choice for mechanics looking for quality tools without the premium price tag. Craftsman offers a wide variety of tools including sockets, torque wrenches, and ergonomic power tools. Craftsman is a great choice for those looking to find a balance between price and quality. Craftsman is available at most of the large retailers including Amazon, Lowes, and Home Depot.
OTC: Diagnostic and specialty tools
OTC is a reputable brand offering specialty equipment for mechanics. OTC specializes in jacks, diagnostics and speciality equipment. They do not offer every tool you will need but they have select specialized tools that can be hard to find elsewhere. OTC is a great choice for mechanics looking for technical products or needing specialized equipment.
Tek-Tip: Don't forget to look at warranties when comparing the best mechanic tool brands.
Husky: Affordable quality tools
Husky is a big name in the automotive tool space because they have found the right balance of quality and price. They have a large selection of tools and back them up with a lifetime warranty. Products include mechanic tools sets, wrenches, sockets, and more. Husky is easy to find at Home Depot, Amazon, and other large retailers. Most users will like Husky but if you want to make a larger financial investment, you can find higher-quality brands elsewhere.
Proto: Durable and innovative tools
Proto is a reputable brand in the automotive tool industry, offering durable, high-quality tools that are often favorably compared to other brands. Products include adjustable wrenches, combination wrenches, screwdrivers, and more. They offer innovative designs and competitive pricing which make them a viable option for professional mechanics.
Blackhawk: Specialty shop equipment
Blackhawk is another specialty brand offering jacks, stands, ramps, creepers, and shop equipment. While they do not sell every product mechanics need, they specialize in a few key products and have made a good name for themselves. Blackhawk is available at some major retailers including Amazon and Northern Tool.
Milwaukee Tool: Cordless power tools
Milwaukee is a big name in the tool space in general and has been building its presence in the automotive space. Milwaukee offers a wide variety of tools including power tools, lighting, safety equipment, mechanic tool sets, wrenches, and more. They specialize in innovative cordless power tools and can be found at Amazon, Ace Hardware and Home Depot.
DeWalt: Reputable retail supplier
DeWalt is a large supplier of automotive tools and typically caters to both DIY and professional mechanics alike. They offer a comprehensive product line featuring wrenches, power tools, tool kits, storage, hand tools, and more. DeWalt is a great option for those looking for a reputable brand that is easy to find at Amazon, Lowes and Ace Hardware.
Mac Tools: Premium-grade tools
Mac Tools is a leading brand in the automotive space and is recognized for durability and quality. They offer almost every tool a mechanic will need but they are not available at most retailers (buy from a franchise or their website). Despite being harder to locate, Mac Tools is included in this list for a reason and has a lot to offer mechanics looking for professional-grade tools.
Makita: Automotive power tools and batteries
Makita is a reputable automotive tool company specializing in power tools and batteries. If you stay within the Makita ecosystem, their batteries can power over 325 different tools. Power tool products include drive impact wrenches, grinders, lighting, and more. Makita is a top choice for mechanics looking for cordless power tools at a good price.
SK Tools: Renowned quality
With over 100 years of experience, SK has created a reputation for delivering quality tools that last. SK offers mechanic tool sets, sockets, ratchets, wrenches, screwdrivers, tool storage, and more. You can purchase SK Tools on their website, Amazon, and other popular retailers. SK is a great choice for those looking for quality tools at an affordable price point.
How to Pick the Best Tool Brand for You
Price, durability, warranty, and brand reputation are some of the biggest factors when looking for the best tool brand for you. When selecting your brand, make sure it meets your specific needs, budget, and has a strong reputation.
Price
Price is an important factor to consider when looking for the best mechanic tool brand. Consider if it is worth it to purchase a higher quality brand to ensure your tools last longer and need to be replaced less frequently. Lastly, consider additional costs such as batteries, electricity, and storage.
Durability
When selecting your brand, durability is an important factor to consider. Some brands are cheaper but will cost you more over a lifetime if you have to replace them regularly. If the tool has an active lifetime warranty, then this factor holds less importance. Lastly, consider how much you use your tools. Every day? Once a month? If you use tools every day, the extra expense of quality tools may be justified.
Warranty
When looking for the best mechanic tool brands, warranties can be one of the most important factors to consider. Some brands offer lifetime warranties, others offer limited warranties or no warranty at all. Replacement costs can be substantial so make sure you research beforehand.
Reviews
Reviews offer first-hand perspectives of how the tool performed for others. Research each tool and also research the brand as a whole and see how other mechanics are liking the tool/brand.
Essential Tools for Mechanics
Every automotive mechanic should have these hand tools to assist with common repairs and streamline their workflow. While not exhaustive, this list will handle the majority of common car repairs.
Choosing the right mechanic tool brand is essential for maximizing performance and efficiency in your work. You can make an informed decision by considering your specific needs, researching brand reviews, and finding the right warranty. Our top brands mentioned in this blog have earned the trust of professionals for their reliability and durability, so invest wisely in the one that best suits your needs.
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