The Heavy Duty Parts Report

How to Predict Inventory Needs by Region


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Episode 125: If you sell heavy-duty parts, you know that predicting how much inventory you will need in each region is very difficult.  Get it right, and revenue will go up, get it wrong and you risk losing customers to competitors who have the inventory in stock. So, how can you predict how much inventory you need in each region? 

In this episode, Mark Hazel, Associate Director for Commercial Vehicle Reporting from IHS Markit answers that question for us.  He has 10 years of diverse experience in the automotive industry, working across the supply chain. His background includes pricing strategy experience with car-sharing start-ups, as well as forecasting and demand planning for light and heavy-duty automotive suppliers. Most recently, Mark was part of the aftermarket division at ZF (formerly Wabco) in product management for their air dryer management systems.

Show Notes: Visit HeavyDutyPartsReport.com  for complete show notes of this episode, links to resources mentioned in the episode, and to subscribe to all our content.

Disclaimer: This content and description may contain affiliate links, which means that if you click on one of the product links, The Heavy-Duty Parts Report may receive a small commission. 

Sponsors:

  1. Rebuilding a diesel engine and want high-quality engine parts? Visit AFAindustries.com.
  2. Tired of overpaying to accept credit cards for your business? Visit nccpgroup.com.

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The Heavy Duty Parts ReportBy Jamie Irvine

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