It's been a while since I've been active on the forum, but I'm glad to see that it's still doing well. I need some professional
advice and what better place than here! I am having an issue with my returns that I am forming by using the data from the
RNM report. For a quick background, I initially had approx. $60k in parts over 16 months no sale. We've managed to reduce
that figure down to $28,500.00 as of now. When I was returning or removing the oldest parts from 19 months or older, everything
was going just fine. As I closed my dates down to 18 months, I wasn't researching each individual part number with great detail
until my stock clerk came to me stating that she was receiving some of the same exact parts on the RIM order that she had just
recently returned. I knew immediately that I had started getting into the tricky RIM managed/approved timeframe. I then started
researching each part in detail to check for RIM approval & managing. As of today, my findings are as follows: Total parts value
over 16 months-$28,550.23. From that number I have $14,581.10 in current RIM approved parts and the remaining parts which
are valued at $13,969.13 are not RIM approved. Obviously from these numbers, I can return the latter $13k+ without affecting RIM.
I would like to know why or how the remainder of the parts mentioned first as RIM approved are still in my inventory and not already
approved by GM for a monthly RIM return. I realize that any sales or receipts of said parts can trigger RIM and list them as a part to
manage. From what I am seeing, is there truly a way to return and manage an inventory down to the 15 1/2-16 month time frame?
Your advice is appreciated!