Time to Stock Up before June 1 Increase

Time to Stock Up before June 1 Increase

Postby jdpetey » Mon May 23, 2022 5:38 pm

Anyone planning on increasing a few of the faster movindg SPQ's ahead of the June Price Increase? Just wondering. Appreciation?
Last edited by jdpetey on Mon May 23, 2022 7:44 pm, edited 1 time in total.
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Re: Time to Stock Up before June 1 Increase

Postby Denise Trimble » Mon May 23, 2022 6:11 pm

As much as the pocket book will allow!
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Re: Time to Stock Up before June 1 Increase

Postby ehiatt » Mon May 23, 2022 6:44 pm

Yep, we did a big ol' supplemental order.
I don't remember ever having an increase % this large, and I've been in this circus a long time.
Anyone else?
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Re: Time to Stock Up before June 1 Increase

Postby jdpetey » Tue May 24, 2022 4:46 pm

Can anyone verify if we are charged order date pricing or ship date pricing?
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Re: Time to Stock Up before June 1 Increase

Postby torgy123 » Wed May 25, 2022 12:59 pm

jdpetey wrote:Anyone planning on increasing a few of the faster movindg SPQ's ahead of the June Price Increase? Just wondering. Appreciation?


Increase qtys. in RIM to order more for inventory before the price increase, and then go back into RIM and change those qtys. back to what they initially were, Is that correct?

If I'm thinking correctly, if we place a DRO order outside of RIM, those parts will count against the RIM purchase loyalty.
Last edited by torgy123 on Wed May 25, 2022 2:14 pm, edited 1 time in total.
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Re: Time to Stock Up before June 1 Increase

Postby Denise Trimble » Wed May 25, 2022 1:45 pm

jdpetey wrote:Can anyone verify if we are charged order date pricing or ship date pricing?


Usually ship date pricing, but generally at GM's whim/discretion.
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Re: Time to Stock Up before June 1 Increase

Postby jdpetey » Wed May 25, 2022 4:23 pm

Yes. Exclude a specific number, then remove the exclusion the same day. RIM will actually recalculate those numbers overnight; some may even increase at RIM's discretion. Adjust the following day.

Increase SPQ's long enough to create a sizeable order, then after the order is complete, I would suggest going back in shortly thereafter and returning levels to acceptable/desired levels.

Our RIM order was put on hold today due to the higher-than-normal value.

Hope the extra effort pays off.

I don't believe a DRO, which is no longer relevant, would affect your Purchase Loyalty, just RIM Protection.
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Re: Time to Stock Up before June 1 Increase

Postby CHUCKINPARTS » Wed Jun 01, 2022 1:38 pm

Effective June 1, due to rapidly advancing inflationary and economic pressures experienced across industries worldwide, we will implement a mid-year price increase on a majority of our parts. The preliminary sales weighted impact of the price change is 3.4%. Price changes are reflected on the June 1st Pricing Media provided to your Data Service Provider.

HUH! My update ran last nite. Whats with the huge increase on 6/1. My appreciation report only affected 105 lines with a net app of $732. Is this what everyone else is seeing.
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Re: Time to Stock Up before June 1 Increase

Postby PartsPlant81 » Wed Jun 01, 2022 1:56 pm

Appreciated about $6K on a $170K inventory :o
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Re: Time to Stock Up before June 1 Increase

Postby joecool17 » Wed Jun 01, 2022 2:24 pm

I have about the same size inventory as PartsPlant81. About $6200 in increased value. With the price of tires and oil rising, who could be surprised? :roll:
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