One Hit Wonderville

One Hit Wonderville

Postby scott2112 » Wed Mar 12, 2014 9:20 pm

Turned down 1k worth of parts proposals last friday. The 5 parts were for a 2002 trailblazer that have never had any other
event. In GMs eyes, I have sold one in the last 12 months. In my eyes, I have sold one in the last 12 years...after all, that is how long the part has been available. Had I accepted those parts, they would be eating up space, collecting dust, and using up capital that could be used for faster moving items.

Just this week, I have seen an increase in these one hit wonders. I am almost out of space thanks to GM using me as a warehouse. I cannot wait until June when the first SLP RIM return hits. It's going to be big.
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Re: One Hit Wonderville

Postby Zep33 » Thu Mar 13, 2014 12:03 pm

SLP returns are already hitting - My Feb return was 4 times the average amount and it will get worse when June arrives I'm sure. The reason they're already showing up is parts that had strata C and D that were bumped to A back in March meant that the parts that you sold one time back in October and November but were not recommended then, became recommendations in March/April. Because the last sale was Oct/November, it's now been 15 months of no sale, and time to go back. There will be some rather large returns coming up over next several months.

My only hope is someone up top at GM sees how much money they are going to have to start refunding dealers from this program, that once looked good to them by increased sales, 15 months later, now looks like the short term loan it has been for them. Add that to their unbelievably high shipping increase over the last year that they've spent overnighting parts that weren't necessarily needed overnight and it's a recipe for some heads to roll, as well they should
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Re: One Hit Wonderville

Postby MultiLineManager » Fri Mar 14, 2014 12:54 pm

My biggest thing with the one hit on the shelf stocking policy is that nothing can ever faze out of inventory. If you have a non protected RIM part that you had on your shelf for 5 years and finally get a chance to sell it, that one sale is going to recommend RIM to put it back on your shelf.

GM should really go to a more conventional stocking policy it will lessen how much they have to take back. It doesn't have to be the three hit stocking policy but something to keep it normal. I still love that they said the SLP program would increase your inventory $6-$10K. What in a week? My inventory has gone up $154K and I am riding the low line of RIM compliance. I can't imagine how much some dealers with a 90% RIM compliance may have increased.

I say to GM make the stocking policy two hits in fourteen months. It will still keep it on my shelf way to long, but it gives it a chance for the last one to leave the shelf on a customers car instead of a GM return truck.
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Re: One Hit Wonderville

Postby cville1987 » Fri Mar 14, 2014 2:58 pm

I hate RIM and SLP as much you all do but I haven't seen an increase overall in my inventory. Mine is actually down by 30K since SLP began. I'm still super excited about the returns over the next few months.
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Re: One Hit Wonderville

Postby camaroman » Fri Mar 14, 2014 3:22 pm

I actually just checked my inventory this morning and from 3/1/13 to 3/14/14 I had about a $6,000 increase. I was really surprised by it, I thought it was going to be higher. I am not a big fan of RIM by any means, but I must admit that my local PDC inventory has definately improved their fill rate. There are still quite a few ship direct items that I think they should have but otherwise they do ok.
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Re: One Hit Wonderville

Postby Mike Nicholes » Fri Mar 14, 2014 3:34 pm

Post sales to older parts as "No History" sales, or just sell it and minus adjust the on hand
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Re: One Hit Wonderville

Postby cville1987 » Fri Mar 14, 2014 5:15 pm

Yeah if you think about it t the time of sale and are on R&R, I believe putting a U in the TC field will prevent RIM from picking up the sale.
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Re: One Hit Wonderville

Postby bigmac » Mon Mar 17, 2014 6:28 pm

Mine has only gone up about 6,000 also, but only because when I sell a body part I don
't restock even though I have plenty of sales to justify stocking them.
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