Time to Stock Up before June 1 Increase

jdpetey
Posts: 226
Joined: Tue Feb 15, 2005 12:00 am

Time to Stock Up before June 1 Increase

Post by jdpetey »

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.
Denise Trimble
Posts: 1116
Joined: Wed Mar 30, 2011 12:00 am
Location: Ohio

Re: Time to Stock Up before June 1 Increase

Post by Denise Trimble »

As much as the pocket book will allow!
ehiatt
Posts: 506
Joined: Tue Mar 17, 2009 12:00 am

Re: Time to Stock Up before June 1 Increase

Post by ehiatt »

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?
jdpetey
Posts: 226
Joined: Tue Feb 15, 2005 12:00 am

Re: Time to Stock Up before June 1 Increase

Post by jdpetey »

Can anyone verify if we are charged order date pricing or ship date pricing?
torgy123
Posts: 30
Joined: Mon Dec 31, 2012 12:00 am

Re: Time to Stock Up before June 1 Increase

Post by torgy123 »

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.
Denise Trimble
Posts: 1116
Joined: Wed Mar 30, 2011 12:00 am
Location: Ohio

Re: Time to Stock Up before June 1 Increase

Post by Denise Trimble »

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.
jdpetey
Posts: 226
Joined: Tue Feb 15, 2005 12:00 am

Re: Time to Stock Up before June 1 Increase

Post by jdpetey »

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.
CHUCKINPARTS
Posts: 261
Joined: Tue Jan 19, 2016 10:27 pm
Location: WISCONSIN

Re: Time to Stock Up before June 1 Increase

Post by CHUCKINPARTS »

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.
PartsPlant81
Posts: 1041
Joined: Fri Apr 12, 2013 12:00 am

Re: Time to Stock Up before June 1 Increase

Post by PartsPlant81 »

Appreciated about $6K on a $170K inventory :o
joecool17
Posts: 57
Joined: Tue Aug 03, 2021 1:56 pm

Re: Time to Stock Up before June 1 Increase

Post by joecool17 »

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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