Back to Basics: The Fundamentals of Retail Inventory Management, Part Two

Welcome back to the fifth and final installation in our Back to Basics series. Today we’re wrapping up our discussion of Retail Inventory Management (RIM), picking up where we left off last week. If you need to catch up, here’s everything we’ve covered so far: Price Optimization Inventory Optimization, Part One and Part Two Retail […]

Back to Basics: The Fundamentals of Inventory Optimization Part One

As manufacturers around the world navigate the ‘new normal,’ optimized after-sales service operations are becoming more important than ever. In fact, according to a recent Deloitte report, after-sales service continues to be a “consistent revenue source and profit stabilizer” and the manufacturers that place an increased focus on service have “outperformed their peers and exited […]

Want to Grow Dealership Profits? Focus on Automotive Spare Parts Inventory Management

From the recession to the present, dealerships have depended heavily on service and parts departments to drive profitability. In 2014 alone, total parts sales amounted to $50.6B, with service and parts accounting for a whopping 11.4% of those total dealership sales dollars. But while many dealerships focus on new and used vehicle inventory optimization, aftermarket parts […]

Dealer Buyback Programs Increase Dealer Adoption and Usage of RIM Systems

To develop a seamless inventory management system, manufacturers and dealers in a multi-echelon environment must find an enterprise-wide solution for issues with data qual­ity, visibility and forecasting for aftermarket spare parts management.   To further extend inventory utilization and availability into the dealer network, a Dealer In­ventory Management (RIM) solution provides specific functionality for managing […]

Going Beyond DMS: Break the Walls Down

The regular readers of this blog series are already enthusiastically planning how to incorporate software as a service applications into their supply chain operations because they know that it makes the capabilities and power of dedicated software applications easily accessible to all businesses. They also know that a SaaS solution packaged with a strong integration engine […]