Activant Prophet 21. Cleaning House with the Dead Stock Feature of Trading Partner Connect

Transcription

1 Activant Prophet 21 Cleaning House with the Dead Stock Feature of Trading Partner Connect

2 This class is designed for Trading Partner Connect users who are responsible for getting rid of dead stock at their company Those who have completed the Overview of Trading Partner Connect WBT or have a basic understanding of TPCx

3 Overview This class will show you how the Dead Stock feature of Trading Partner Connect can help you eliminate dead or slowmoving stock.

4 Objectives Identify your Dead Stock Upload Dead Stock to the Trading Partner Connect website, or Hub Browse for Dead Stock on Generate the Data Mining Report

5 This course will NOT cover Prophet 21 functionality Internet functionality Set-up of Trading Partner Connect

6 Identifying Your Dead Stock Dead Stock Identification Identify Dead or Slow Moving Inventory

7 Parameter Screen

8 Parameter Screen The end range date will default to one year back from the date you generate the report

9 Parameter Screen

10 Parameter Screen

11 Parameter Screen

12 Parameter Screen

13 Example Results

14 Dead Stock Report Verify results of report Integrity of data Integrity of material listed Broken Unusable Out of Date

15 Dead Stock Report Once you have verified the data you can then UPLOAD the information to Trading Partner Connect

16 Dead Stock Report You have TOTAL control over the information uploaded to Trading Partner Connect

17 tpcx.com Once dead stock information has been uploaded to Trading Partner Connect, it will be available for other trading partners to see During Order Processing/Sales Pricing Inquiry Purchasing Integration Trading Partner Connect Web Site/Hub

18 Order Processing

19 Sales Pricing Inquiry

20 P&A

21 Message

22 Purchase Order Entry

23 PO Requirements Generation

24 PO Requirements Generation

25 Dead Stock Summary

26 Purchase Requirements Report

27 Dead Stock Search on tpcx.com Locate inventory listed as dead stock Search by: By Keyword on the Item Code and Description UPC Trading Partners Manufacturer Lines Manufacturer s Part Number One man s trash is another man s treasure!

28 Dead Stock Search Results

29 Dead Stock Search - NO TP Rel

30 Dead Stock Search - TP Rel

31 If you could be provided with a way to generate a report to help you eliminate your Dead Stock would you use it?

32 Data Mining Report Matches all dead stock posted on tpcx.com to the Average Monthly Usage (AMU) of all rationalized items The information matches members that need a particular item to members that do NOT need that item This allows you to proactively reduce your dead stock to a somewhat captive audience.

33 Data Mining Report Clicking Submit sends your request to TPCx for analysis

34 Data Mining Report Report will be delivered in approximately 24 hours to listed on the parameters screen

35 Info on Data Mining Report Trading Partner Name Contact Name Contact Phone Contact Your Item Code UPC Description of Item (both) Manufacturer Stock Available Estimated Price

36 Summary Generate Dead Stock Report Verify and Upload the Results P&A Response Screen Potential Purchase Browse Purchase Requirements Report Search for Dead Stock on tpcx.com Data Mining Report

37 Responsible Parties Determine WHO is responsible for DEAD STOCK

38 Posting Dead Stock Generate Dead Stock report in Prophet 21 Requirements to post your inventory as dead stock Item must be rationalized Item must be priced

39 Posting Dead Stock Generate Dead Stock report in Prophet 21 Verify the results Upload results to the Hub

40 Posting Dead Stock How to capture dead items Purchase or sales classes Last Sale Date Last Purchase Date How to price dead items 10%-40% below cost

41 Posting Dead Stock You should run the Dead Stock report monthly to capture any new dead items Add the report to your End of Month procedures

42 Dead Stock Report and Item Rationalization Run Dead Stock Report with Current Rationalized Status = Unrationalized Report will be informational only, but will indicate vendor lines that need to be rationalized in order to post dead stock

43 Data Mining Report Remember, this report is all about saving money, it shows Potential to sell your DEAD STOCK Potential discounted buys of other distributor s dead stock So, how do you use this report?

44 How to sell your dead stock Be proactive Send a list of the items on the report to each trading partner Follow up with a phone call to work out a deal with each trading partner Then you can $ell, $ell, $ell

45 Purchase Requirements Report Review the items that are needed to purchase Note the items that you can purchase from a Trading Partner that have the item as DEAD stock Then simply place your PO to the TPCx partner listed on the report for the items you need

46 Now, let s back this all up Dayton Supply cut a PO to E & R Industrial for some material Now, that statement doesn t seem all that exciting but wait

47 Here are some facts about the PO Cost to Dayton was $4,700 Multiple vendor lines purchased Material was DEAD for E&R Industrial Dayton Supply $aved over 25% vs. buying this material from their vendor

48 Here are some facts about the PO Dayton knew about this because of the Data Mining Report on tpcx.com More than 60% of items listed on this one report were purchased on this ONE purchase order E&R Industrial gained $4,700 to invest instead of letting it collect dust and cost $$$

49 For More Information General Trading Partner Connect questions