Right Sizing Inventory


 

inventory

Manufacturers want stable run-rates to deliver the highest quality and control costs. Dealers want just enough product to satisfy retail demand through their peak selling seasons. Sales reporting protocols for most manufacturers rely on warranty registrations, filed by their dealers as proof of sales. And with significant time lags between actual sale and warranty registration, manufacturers must make production decisions with imperfect information. With Radian, retail sales data is updated daily from every region around the world. Both the manufacturer and their dealers can see how actual worldwide sales are affecting the manufacturer’s production schedule. This information will help dealers provide the manufacturer with a balanced annual commitment for product. It also helps the manufacturer to establish a balanced run-rate that keeps the value proposition of their brand from being undermined by over-production.