It’s Not A Myth. Seasonality Does Exist…

Ice cream sells better in the summer and snow shovels are in greater demand during winter months.  It’s pretty obvious that demand for products like these are affected by the season.  Management understands the relevance of seasonality, plans for it, forecasts against it, and maintains inventory around it.   However, seasonality is not as apparent in […]

Survey Says: Aftermarket Professionals Ranked Service Level #1, but Inventory Balance is More Important

It’s not a surprise to me! The aftermarket isn’t concerned about inventory reduction. In fact, inventory levels ranked dead last in our most recent survey. Either the opportunity to reduce inventory further is low e.g. the current inventory policies are satisfactory. Or, organisations are worried that any attempt to reduce inventory will impact availability and […]