There are different types of vehicle spare parts that, depending on the period of year, present great differences in their demand levels. This demand behavior is known as: seasonality. In this article we will analyze the demand behavior for certain types of parts and in different countries, to analyze and observe their possible seasonality: 1)…
Vehicle manufacturers launch more and more new models, sometimes completely new models and other times current models with mechanical changes. At Factory Data we asked ourselves: How did the significant increase in new models on the market affect demand? Well, in order to prepare the study on the evolution of demand in recent years, we…
This week, I read an article on the sector saying that a manufacturer had added around 100 new references of alternators and starter motors. They were saying that now, the company’s 1200+ reference numbers cover more than 80% of the vehicle population. At first it sounds like all good news for their customers, but has…
Managing parts for the Industrial, Agricultural or Marine application segments (among others) represents an added level of complexity. In a previous article, we advanced a few key points about these application segments: Article For one thing, there’s no vehicle park definition which structures all applications in existence and for another, the information available on the…
A demand signal repository (DSR) is a centralized database that stores, harmonizes and normalizes data attributes and organizes large volumes of demand data. At the enterprise level, these repositories can become the foundation for a comprehensive information architecture strategy, driving an array of demand and supply-related predictive analytic applications and processes. (source: Gartner) Until…
The number of “vehicles in operation” refers to all vehicles registered in a specific area and is calculated using each country’s vehicle registration database. Usually, this registration database contains information on the make, model, year and other related information, although it is never of a personal nature (as would be, for example, owner name or…
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…
