PartsEye is a unique, innovative web based inventory planning and management system. It is an outsourced service that assists the parts manager in their daily work resulting in:
• Decreased Obsolescence
• Reduced Inventory Costs
• Diminished Lost Sales
• Better Parts Inventory ROI
• Increased Technician Productivity
• Improved Customer Satisfaction
PartsEye can take your idle cash off of your parts shelves and put it back in your pocket!
PartsEye works for dealers of all sizes by providing optimized parts inventory levels based on each dealer’s individual criteria. By providing suggested stock orders based on sales history, demand analysis and the SmartCast forecasting tool, PartsEye quickly optimizes the parts inventory to maximize order fill at the lowest possible cost. It integrates with most existing Dealership Management Systems and is very easy to use.
PartsEye is the market leader in web based Dealership Inventory Planning providing a solution that can be used in diverse industries including:
• Outdoor Power Equipment
• Small Engine
• Industrial Vehicles
• Recreational Vehicles
PartsEye is used by over 2800 dealers in the US, Canada and Mexico!
The PartsEye inventory planning and management system provides high return on investment by increasing parts availability, decreasing lost sales while typically reducing inventory investment.
The PartsEye innovative web based inventory planning and management system works with each dealer’s parts department. It utilizes current and past parts sales as well as lost sales and a variety of other measurements from each individual dealer’s sales demand. With this data, PartsEye forecasts sales for each dealer based on individual dealer and broader regional and national demand using the exclusive SmartCast methodology.
Based on SmartCast, an optimal stocking level is established for each dealer. From this optimized stocking level, PartsEye prepares a suggested stock order on whatever frequency the user chooses (daily, bi-weekly, weekly, or other). Each dealer’s parts manager has final review and complete editing rights for each stock order, using the PartsEye web interface, before it is placed with the supplier.
The PartsEye system is integrated with each dealer management system collecting daily demand, sales and lost sales data via the Internet. This data is stored in a central database of individual demand history and aggregate demand history of localized districts, regions, and PDC’s. SmartCast uses this database to calculate optimal stocking levels for each dealer location based on both individual demand as well as the demand trends in the local region or district. Once demand levels have been calculated, daily processing occurs allowing for calculated stock orders.
The key factor in the PartsEye system is that all processes are reviewed on a regular basis by specialized parts planners who are removed from day to day interruptions and corporate distractions in the dealership. Usually focusing on one brand, these planners build a rapport with each dealer’s parts manager to allow for total teamwork. Maintaining regular communication with each dealer's parts manager also helps to assure that all exceptions in the ordering process are accounted for.
Additional features included in the PartsEye service, without any added costs, are calculated stock returns, inventory analysis, the SmartGauge key performance indicators review page, and a parts locator for dealer to dealer use as well as retail use if desired. The PartsEye database can also be linked with the manufacturer or distributor ordering system to provide for Dealer to Dealer (D2D) order shipment of critical parts orders with limited availability.
How do you consistently provide the right service parts at the right time and the right place? By collecting all available demand data and viewing it from a global perspective. PartsEye allows the front line experiences of the retail dealer to be combined with the global visibility of the entire dealer network..
• Lower inventory investment
• Higher repair order fill rates
• Lower return levels
• Less parts obsolescence
• Optimize dealer service parts inventories based on actual dealer demand
• Provides consistent business process regardless of changes in personnel, management systems, or other outside
Utilizing PartsEye, both Manufacturers and Dealers can gain increased sales, better Return On Investment, and improved customer satisfaction.
(linked to ROI Calculator)
Download Data from disparate Dealer Management Systems
PartsEye works with most DMS systems to collect data and prepare a optimized inventory plan.
Increased out of stock fill rate with reduced inventory investment
By optimizing dealer stock levels based on lead times, PartsEye is able to plan for higher part number coverage yet reduce depth without danger of stock outs.
Better parts processes resulting from data management
PartsEye planners work with dealer managers to keep data clean and correct resulting in improvements in dealer process as well as parts inventory mix.
Click here for our PartsEye website: http://www.partseye.net/index.aspx