Dealer Inventory Management

Dealer Inventory
Management
Dealer Inventory Management
Every part of the aftermarket business is affected by how
In addition, our software supports spare parts inventory plan-
manufacturers and dealers manage inventory.
ning, including:
The availability of parts at your dealers drives sales, profit, and
• Flexible and robust parts segmentation
customer loyalty. Dealer Inventory Management from Syncron
• Safety stock planning that addresses highly sporadic and is designed to address the unique planning requirements of the
dealer. It gives you and your dealers tools to:
• Inventory redistribution among dealers in a specific region intermittent demand
or group
• Control inventory and gain visibility of dealer sales
• Improve forecasting across the entire network
This functionality and our experience with dealer networks and
• Increase service levels and grow in-stock part sales
management systems, allow us to optimize the flow of parts
• Reduce inventory carrying costs at the dealer
from manufacturing all the way to the customer.
Gain visibility. Improve forecasts.
Increase service. Grow sales.
Information from the dealer can improve inventory at
If you want to grow your aftermarket sales, you need
your distribution centers.
to optimize how much stock to carry and where to carry
stock.
For slow moving items, the aggregated dealer forecast differs,
on average, by more than a factor of two in a given month.
Our solution includes robust reporting and simulation tools that
Combining dealer and original equipment manufacturer (OEM)
improve planning and forecasting.
information enhances visibility, which makes it easy to improve
forecasting accuracy. Syncron provides a clear view of the deal-
These tools are designed to help you keep close tabs on the
er’s inventory so that you can:
products customers are buying. Better internal business intelligence allows you to solve business issues, like:
• Improve availability on maintenance parts and critical items
• Anticipate and resolve parts shortages
• Use of local and ‘grey’ market sourcing by dealers
• Eliminate unwanted stock
• Excessive inventory carrying costs combined with low
• Identify items that are not being consumed
• Improve sales targets by limiting substitutions
• Order fluctuations due to poor stock replenishment planning
service levels
• Frequent buy back and return of obsolete parts
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Dealer Benefits
Convincing your dealers to relinquish control of inventory planning is
critical to the adoption and success of any supply chain initiative.
Reduce Cost. Save Time.
Adoption and consistent usage of the program is increased
To be successful, you need to convince your dealers that
return program. Reassure your dealers that you won’t overload
the solution will:
them with inventory by leveraging our return functionality.
• Grow sales, reduce cost or enable both sales growth and Give you dealers confidence and insight so you can stock the
parts your customers need, right when the need them.
cost reduction for dealers
when there is a well-functioning and trustworthy buy-back or
• Integrate easily with the existing processes and Dealer Management Systems (DMS)
• Include a buyback arrangement, to take back any inventory
supplied under the program that is unsold
Successful Dealer Inventory Programs
Syncron addresses each of these issues. Our dealer manage-
• Remove operational responsibility from the dealer
ment solution allows the dealers to:
• Establish buyback terms and conditions for your dealers
• Focus on inventory with significant demand changes rather • Pilot with dealers of various sizes and sophistication
• Group rollouts based on Regions, Dealer Management
than ordering line-by-line
• Increase service levels while controlling inventory carrying Systems (DMS) and Enterprise Resource Planning
costs
(ERP) systems
• Identify and actively eliminate obsolete stock using sophis-
• Interface with multiple ERP and DMS systems and run
ticated redistribution
• Send back items that don’t sell within a specified timeframe
For more information about Syncron and its solutions, visit www.syncron.com.
in parallel
About Syncron
Syncron is the global leader in cloud-based aftermarket service optimization. Syncron provides global inventory management, global price management, order management, and master data management software to manufacturing and distribution
companies around the world.
Headquartered in Stockholm, Sweden with U.S. offices in Atlanta and Chicago, Syncron combines a passion for innovation, business
process expertise, and a global collaborative workforce to deliver immediate and measurable improvements for its clients.
www.syncron.com