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OEC® Inventory Visibility Solutions validate what parts logistic personnel have long suspected: 80% to 90% of a supply chain's backordered parts-in-need can be found in a dealer network's inventories. What's more, over 25% of needed parts are sitting idle. So, a key use case of our solutions is the efficient management and referral of backordered and mission-critical parts.
OEC solutions provide OEM parts personnel with detailed reporting and order confirmation statuses. They automate the following functions, from part location through next day fulfillment:
Using our configurable sourcing and order referral engine, you can fulfill emergency orders within 24 hours or less without any additional investment in "safety" stock, inventory carrying costs, parts distribution facilities or parts handling/logistic personnel. You'll also realize:
24-hour or less backorder fulfillment
Reduced warehouse inventory investment
Elimination of costly manual, labor-intensive processes
Decreased shipping costs and fewer manually expedited orders
Lower rental/replacement product expense
Decreased field parts obsolescence
Improved on-time service delivery and CSI
Reduced need for premium incentives and costly inventory write-downs
For more on how OEC can assist you with Backorder Referral, visit our product library or contact us online now.