Every buy and sell of Spare Parts is possible if the Dealers have accurate price list available for all the spare parts. Every Original Equipment Manufacturer have their pricing policy with which that decide the price of different spare parts and accessories to be made available in Electronic Part Catalogue. This pricing policy is a decisive factor for the revenue of the OEM, inaccurate pricing policy may result in revenue loss by OEM. The pricing policy adopted by Original Equipment Manufacturer is based on market to market, change in business conditions and other economic factors which keeps on changing. OEM need to revise their pricing policy with time and revision of change in prices needs to update in Electronic Parts Catalogue on a real time basis so that Dealers always have updated price list with them and also to avoid any confusion between Dealers and Original Equipment Manufacturers when Dealer tries to view the prices of the products and spare parts.
Challenges in Traditional Parts Catalogue
When Original Equipment Manufacturer use traditional method of parts catalogue, they maintain parts catalogue in the form of printed papers. This paper-based parts catalogue is very rigid and does not allow Original Equipment Manufacturers to update the prices of the part as prices of the same product could be different from one region to another region. the situation becomes worst for OEM to maintain different paper-based parts catalogue for different regions. It is very tough for Original Equipment Manufacturers to update the prices of the part which keeps on changing from time to time. Even when OEM launch any new part in the market, the whole paper-based parts catalogue needs to reprint which ultimately result in increased cost of printing and maintaining the parts catalogue.
Modern Intelli Electronics Parts Catalogue
To overcome the challenges which Original Equipment Manufacturers are facing in their current traditionally approached paper-based parts catalogue, Intellinet has come up with an online web based Electronic Parts Catalogue. Intelli Electronic Parts Catalogue (EPC) helps Original Equipment Manufacturer in defining different prices which may very from one location to another and it also help in maintaining the different prices of parts in different currencies. Original Equipment Manufacturers finds Intelli EPC much easy to maintain and update the current prices of the part and with just few clicks. They can update the prices of different parts. Intelli EPC also stores historical price of the part so that whenever user wants to check the earlier prices of the part, they should be able to check the historical price easily.
Price Update Flexibility
Intelli Electronic Parts Catalogue provide seamless and accurate services to all equipment manufacturers. Intelli EPC provides flexibility to Original Equipment Manufacturer that based on the manufacturing cost and other economic factors, they can update the prices of the parts easily and can send the updated price information to dealers on real time basis with the help of Electronic Parts Catalogue.
Easy addition of New Parts
In traditionally maintained parts catalogue, OEM finds it difficult to add new part but with intelli Electronic Parts Catalogue addition of new part is very simple and in case the part has become obsolete or of no use, they can update the information in EPC easily.
Maintain Record of Historical Prices of Parts
Over the period of times prices of the parts keeps on changing and it is very difficult for any Dealers and OEM to look out for such change in prices in a paper-based part catalogue. Intellinet with its Intelli Electronic Parts Catalogue has integrated the mechanism of maintaining historical prices of all the parts. Wherever any change or update in prices happens, it maintains the history record of this change in prices as to when prices have been update, what was the previous price, when the change in price was applicable and other details so the Dealer and OEM can check the historical prices to avoid any confusion later on.
With improper parts catalogue, Original Equipment Manufacturer may suffer huge loss if the fluctuations of the prices of spare parts are not captured in the parts catalogue system. Fluctuation in prices needs to be tracked in parts catalogue system to bring transparency between the Dealers and OEM.
For more information and details about EPC and how it can help in managing parts catalogue digitally, visitor our website www.intellinetsystem.com.