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Strategic Parts Management System

Features and Benefits

Part Inventory Management

Parts Classification

Parts have many characteristics that enable them to behave similarly to some parts and differently from others. The system accounts for these situations by allowing you to flexibly define part classifications. Parts Classification provides a means for segmenting your part inventory population based on characteristic profiles. Some of these factoring characteristics include:

  • Part group
  • Part type
  • Part profitability
  • Part movement
  • Part value

Parts Classification is a means to shape management structure over your part inventory. This structure enables you to define pricing strategies, inventory purchasing decisions, and stock allocation strategies for characteristic parts. It provides a measure to analyze your inventory and provides an efficient means to enhance management resources and decision factors.
  • Parts Categorization and Pricing
  • Vendor / Supplier Management
  • Parts Forecasting
  • Part Inventory Management
  • Dealer Ordering / Allocations
  • Physical Inventory
  • Other Features

  • Back to Strategic Parts Management System Overview
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