PRICING FROM UNDERSTOCKED REPORT

PRICING FROM UNDERSTOCKED REPORT

We use the understocked report to increase prices of items that we are consistently running out of
it is increasingly a requirement in the age of e commerce that all items have a correct price
this increases return on these cars for the business and focese on pricing the high value popular items

VIDEO HOW TO PRODUCE THE REPORT

note
we will only focus on top 50 items (based on recommended quantity on hand )


remove the excess columns from the raw report from pinnacle
you should only require columns of
year range
model
interchange number
interchange description
current price
you then add 2 columns to show new price, and comments

e.g.
 


HOW OFTEN SHOULD THIS TASK BE DONE ?
The top 10 parts should have top 50 items repriced every 90 days
ideally pick 3-4 parts and do per month

what if im unsure of items pricing  ?
highlight this row yellow and place what you think price should be in column with ?? mark


 
    • Related Articles

    • PRICING FROM SHAKEDOWN REPORT-STEP 2 NEW PARTS

      VIEW THE VIDEO HERE For engines and boxes we also apply KM based pricing (see separate article titled "SHAKEDOWN PRICING FOR ENGINES AND TRANSMISSIONS (KM BASED)") We need to ensure fresh high demand stock achieves the best return ,we use the returns ...
    • PRICING ZERO PRICED INVENTORY - STEP 2

      THIS TASK MUST BE DONE WITH DUAL SCREENS               ==========================================================================================================================       What to do if there are no invoice/quote history and no price from ...
    • SALES WEEKLY MANAGEMENT REPORT- Guide to creating the report

      GUIDE TO STEPS TO MAKE THE REPORT
    • SHAW REPORT - 1ST VERSION (Do at start of Month )

      SHAW REPORT SHAW REPORT SPREADSHEET VIEW THE VIDEO The Shaw report is a report/process that we use to obtain cost of goods figure for accounting ,its very important that it is kept accurate Before we start this task for the month ,ensure that all ...
    • SHAW REPORT- Final Data entry- Updated July 2017

      In stage one of the Shaw report we will enter in the data that is available so we can get approximate end of month figures In stage 2 all data should be entered so we review this and enter in final figures for that month LINK TO SHAW REPORT The ...