Every year, thousand in the aftermarket. We also have many products that are ranked on our top selling positions and are fully consolidated in the aftermarket. We could also identify products that begin to have a stable demand, products that are becoming obsolete, etc. But what product has had the most important demand growth in…
As we recently commented, the inventory is for a distributor the biggest asset on the books. Keep adding stock-keep-units (SKU) in all different product lines or add a new product line in our warehouse has an enormous cost. The objective of any distributor should be to ensure that the right product is in the right…
One of the main challenges to grow your business and meet the needs of your customers is to introduce new stock-keep-units (SKU) in your warehouse. It’s easy to turn cash into inventory but the challenge is to turn inventory back into cash! How do you quickly identify and react to changes in your customer purchasing…
A codification is the system adopted for accurate identification of products by assigning an alphanumeric code for each item procured and stored. The codification is the mechanism used by distributors to manage their products and at the same time provides a systematic grouping criteria of similar products avoiding duplicate stocks. The problem is that there…
The main challenges of the automotive aftermarket parts industry are the management of thousvand distributors who market them. The inventory is for a distributor both the biggest asset on the books and the hardest to manage. Distributors must define parts inventory ensuring that the right product is in the right place at the right time….
