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.
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