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Picture, if you will, your daily or weekly stock orders. Depending on your role within your organization, this may be in terms of the dollars invested, total piece counts, even cubic feet of warehouse space required, to maintain your current inventory levels. Next, imagine that up to 30% of the items in that order (and every one like it) will not be resold for profit, but rather landfilled. Finally, thank your lucky stars that you are selling auto parts and supplies, rather than purchasing or managing inventories for a grocery store!

Grocery stores may manage tens of thousands of SKUs per retail location, many of which are perishable items. Produce, meat and dairy items are just a few of the most recognizably time-sensitive products on grocery store shelves, but nearly everything we purchase now features some sort of “expiration,” “sell by,” or “best by” date-stamp to indicate its freshness and relative safety. Even those items which do not literally “rot” or “spoil” can become stale or otherwise unsuitable for consumption. Once these items are past their prime, they can’t be reclassed as “slow-movers” and shipped back to another warehouse
for storage. 

If you’re feeling fortunate to have dodged that 30% bullet, relieved to be a wholesaler or retailer of shelf-stable hard parts that never “go bad,” we still have something to discuss. Hidden among your inventories are a number of “perishable” items to consider when it comes to purchasing, stocking, and selling auto parts and supplies. 

The most obvious of these items are the various chemicals, lubricants and fluids that accompany the “hard parts” which we are known for. Motor oil, for example, has a suggested shelf-life of 5-8 years, even when sealed in its original container. Aerosols average around three years before the propellant begins to degrade, and the can “loses pressure.” Diesel exhaust fluid (DEF), even when stored under optimal conditions, lasts only about a year. DEF is extremely sensitive to direct sunlight and high temperatures, both of which will decrease this already short shelf-life. Freezing temperatures are equally hazardous to chemicals, paints and fluids, often causing separation, gelling and degradation.

Forecasting future demand and closely analyzing purchase quantities is even more important when it comes to such items with a “sell by” date. The best way to prevent overstock and expired merchandise is to manage these items before they are taking up space in your warehouse or storefront. Quantity discounts only save you money if you sell the excess, and with perishables, the clock is ticking! 

When it comes to “hard parts,” we must still consider the condition of our aged inventory.  Items made of (or containing) rubber such as wiper blades, gaskets and seals, weatherstripping and even chassis parts (bushings and boots) are susceptible to degradation over years of normal storage. Tire manufacturers are required to “date-code” their products within the DOT number, and most recommend not to use tires more than six years after their “born-on” date. Most of our rubber parts are not DOT-regulated in this way, but various types of rubber (natural, nitrile, neoprene, EPDM and butyl) have shelf-lives between 3-10 years, making slower-moving parts prone
to degradation. 

The best way to prevent stock degradation is through stock rotation. Most of us are taught about “first in, first out” (FIFO) on day one of our shelf-stocking training, ensuring that most items are sold long before they start “having birthdays.” Unless we have flow-through racking, however, stock rotation requires a little extra effort to keep the oldest items up front and ready for purchase. Rearranging items by date received also gives us an opportunity to wipe down or dust shelving and keep up appearances. It also ensures that outdated packaging designs are eliminated from inventory in a timely manner.

We ARE fortunate to deal in durable goods, and that even our most “perishable” commodities are shelf-stable on the order of months rather than days. Through forecasting and savvy purchasing, combined with proper stocking and storage practices, we can all limit waste and protect our store’s overall profitability.

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      Picture, if you will, your daily or weekly stock orders. Depending on your role within your organization, this may be in terms of the dollars invested, total piece counts, even cubic feet of warehouse space required, to maintain your current inventory levels. Next, imagine that up to 30% of the items in that order (and every one like it) will not be resold for profit, but rather landfilled. Finally, thank your lucky stars that you are selling auto parts and supplies, rather than purchasing or managing inventories for a grocery store!
      Grocery stores may manage tens of thousands of SKUs per retail location, many of which are perishable items. Produce, meat and dairy items are just a few of the most recognizably time-sensitive products on grocery store shelves, but nearly everything we purchase now features some sort of “expiration,” “sell by,” or “best by” date-stamp to indicate its freshness and relative safety. Even those items which do not literally “rot” or “spoil” can become stale or otherwise unsuitable for consumption. Once these items are past their prime, they can’t be reclassed as “slow-movers” and shipped back to another warehouse
      for storage. 
      If you’re feeling fortunate to have dodged that 30% bullet, relieved to be a wholesaler or retailer of shelf-stable hard parts that never “go bad,” we still have something to discuss. Hidden among your inventories are a number of “perishable” items to consider when it comes to purchasing, stocking, and selling auto parts and supplies. 
      The most obvious of these items are the various chemicals, lubricants and fluids that accompany the “hard parts” which we are known for. Motor oil, for example, has a suggested shelf-life of 5-8 years, even when sealed in its original container. Aerosols average around three years before the propellant begins to degrade, and the can “loses pressure.” Diesel exhaust fluid (DEF), even when stored under optimal conditions, lasts only about a year. DEF is extremely sensitive to direct sunlight and high temperatures, both of which will decrease this already short shelf-life. Freezing temperatures are equally hazardous to chemicals, paints and fluids, often causing separation, gelling and degradation.
      Forecasting future demand and closely analyzing purchase quantities is even more important when it comes to such items with a “sell by” date. The best way to prevent overstock and expired merchandise is to manage these items before they are taking up space in your warehouse or storefront. Quantity discounts only save you money if you sell the excess, and with perishables, the clock is ticking! 
      When it comes to “hard parts,” we must still consider the condition of our aged inventory.  Items made of (or containing) rubber such as wiper blades, gaskets and seals, weatherstripping and even chassis parts (bushings and boots) are susceptible to degradation over years of normal storage. Tire manufacturers are required to “date-code” their products within the DOT number, and most recommend not to use tires more than six years after their “born-on” date. Most of our rubber parts are not DOT-regulated in this way, but various types of rubber (natural, nitrile, neoprene, EPDM and butyl) have shelf-lives between 3-10 years, making slower-moving parts prone
      to degradation. 
      The best way to prevent stock degradation is through stock rotation. Most of us are taught about “first in, first out” (FIFO) on day one of our shelf-stocking training, ensuring that most items are sold long before they start “having birthdays.” Unless we have flow-through racking, however, stock rotation requires a little extra effort to keep the oldest items up front and ready for purchase. Rearranging items by date received also gives us an opportunity to wipe down or dust shelving and keep up appearances. It also ensures that outdated packaging designs are eliminated from inventory in a timely manner.
      We ARE fortunate to deal in durable goods, and that even our most “perishable” commodities are shelf-stable on the order of months rather than days. Through forecasting and savvy purchasing, combined with proper stocking and storage practices, we can all limit waste and protect our store’s overall profitability.
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      Donors who would like to support Fry’s legacy can do so through a donation to the David E. Fry Endowed Professorship. 
      link hidden, please login to view or by calling Northwood University Advancement at 989-837-4356. The post
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