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Inventory optimization requires a careful balance of parts investment, market forecasting and available shelf space. OEConnection® Inventory Management Solutions provide OEMs and their dealer networks with a variety of web-based tools to automate the replenishment of in-demand distributor parts, while replacing the guess-work of parts forecasting with fact-based sales history for both individual dealers and their trading areas.
Automated Replenishment Tools enable dealer networks to maintain optimum stocking levels of authorized distributor parts and tires. Integrated with our parts sourcing and marketing tools, dealers can pre-set stocking parameters, enabling parts and accessory distributors to automatically monitor inventory levels for timely replenishment.
OEConnection Business Intelligence Solutions can create recommended stocking guides providing OEM corporate and field personnel with detailed dealer, district and area performance by part number. Based on part sales history, target fill rate and replenishment order lead time, OEMs can help dealers determine their best stocking level for higher fill rates and increased inventory turns.
Our Business Intelligence Solutions also provide OEM parts personnel with dealer-by-dealer insight into individual and market performance for improved parts forecasting and stocking. Used as highly-effective teaching tools, graphical charts illustrate local parts sales indicating optimum timing for phasing in/phasing out parts while also identifying overstocked or under-replenished parts.
For more on how OEConnection Inventory Management Solutions can help your dealer networks optimize inventory stocking levels, contact us online today.
