March 21, 2017
Trunk stock is a necessity among service, sales and repair professionals, but many fail to understand its significance to a company’s profit margins. Trunk stock refers to the inventory professionals must keep on hand when making calls in the field, and that is why effective spare parts inventory management is a must.
For example, high-tech electronics’ repair professionals may need to keep extra spare parts with them to facilitate rapid repair or replacement. However, maintaining spare parts inventory management when dealing with trunk stock comes with both opportunities and challenges, and you need to know understand what they mean for your company’s profit margins.
Trunk stock helps your customer service representatives and technicians keep your customers happy and satisfied. It is the mobile inventory that was historically kept in the “trunk” of service professionals’ vehicles. Nowadays it’s not uncommon for technicians to keep stock in vans or small trucks. Maintaining a supply of trunk stock also offers the following benefits:
Trunk stock also comes with some challenges, which include the following:
The solution to the nightmare conundrum of whether to use trunk stock or not lies in working with a third-party service provider, such as Flash Global, a company that readily provides OEM-authorized spare parts and manages that inventory through forward stocking locations (FSLs). This keeps the inventory closer to the end-user, while eliminating the challenges of traditional trunk stock management or lack thereof.
Since the FSL manages the inventory, your organization can take advantage of the following benefits:
Are you managing trunk stock as efficiently as possible? Flash Global provides spare parts inventory management for companies of any size. Fill out the online contact form now to find out how Flash Global can help your technicians succeed.
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