User-Defined Order Policy Specifications
Strategic Parts Management System provides many configurable
parameters, which enable you to control the behavior
of the system with respect to parts order policies.
The system allows you to define many policy types or
change existing policies. Configurable part order policy
attributes enable you to define conditions of part purchases
and part sales. These attributes include:
- Part discounts
- Stock return allowances
- Allocation procedures
- Emergency stock reserves
- Freight reimbursement policies
- Shipping procedures
By gaining control of your part order policies, you
can manage your relationship with dealers in a way that
best suits your business strategy and objectives. You
can motivate and influence dealer inventory stocking
decisions (with discounts, penalties, freight costs,
etc.). You control and optimize the wholesale supply
chain while enhancing dealer and customer satisfaction.
Immediate Commitment of Stock
many emergency cases, dealers may need parts quickly.
It is a valuable benefit to commit immediate inventory
allocations for such emergency situations. The system
provides the flexibility to react and support dealers
by immediately allocating part quantities when a crisis
arises. When parts are not ordered under emergency
situations, the system provides the flexibility to
follow normal allocation procedures for consistent,
reliable service to dealers.
can be responsive to dealers' emergency inventory
requests. Use of this system provides an easy and
reliable mechanism for dealers to use to consistently
order parts from your inventory supply. Now you can
enhance both dealer and customer satisfaction since
vehicles need not be out of service for prolonged
periods. With this powerful, yet seamless process,
no additional steps are required for immediate stock
Parts Order Scheduling
system provides a mechanism for managing scheduled
dealer stock orders. Since such orders are routine
and may significantly drain warehouse resources, you
can prioritize order schedules. By organizing dealers
into ordering groups (such as geographical area and
transport zone), and aligning the order priority (immediate,
stock, etc.), order schedules can be flexibly defined.
Holidays and special occasions are easily accommodated.
The Parts Order Scheduling function gives you a flexible
way of handling parts orders. By timing dealer part
orders, you are better able to manage warehouse activity,
provide consistent service, and consolidate shipments.
Stock Allocation Smoothing
need for stock allocation smoothing occurs when a
part is in high demand and only a limited inventory
quantity is available. Allocation smoothing is the
process of flexibly distributing stock evenly among
open dealer orders.
Stock Allocation Smoothing guarantees a fair and unbiased
method for equalizing high demand part allocations
among the dealers. It ensures that no dealer can exhaust
the available part inventory supply. It provides a
critical controlling mechanism, which will enhance
overall dealer fill rates and increase dealer satisfaction.