In the heavy truck industry, orders for new products continue to fluctuate. Orders for Class 8 trucks soared in September, while demand for medium-duty trucks remained stagnant, and analysis from ACT Research indicated that September’s order volume for North American Class 8 trucks increased 62 percent year-over-year. The market is poised to continue to grow […]
Kategorie: Inventory Management
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 […]