Excess Parts Program

Origin’s Excess Parts Program is a customer specific program designed to help you reduce your excess inventory at the same time as maintaining a high level of customer service and achieve your corporate goals.
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Inventory Profile for Excess Parts Program

  • Large amounts of aged inventory that is slow moving or obsolete
  • Fully financially reserved
  • Possibly no longer Manufacturing the Product
  • Still have customer after sales service level commitments and contracts
  • No Clear End of Life Strategy
  • Supply Chain health is deteriorating
  • Resistance to scrap from internal stakeholders

If you want to reduce this inventory without impacting customer Service levels then Origin’s Excess Parts Program is the solution for you.

How Does the Excess Parts Program Work?

  • Origin takes ownership of your slow moving and obsolete inventory at the same time as ensuring future availability to meet your customer service level commitments.
  • Inventory is stored and protected for sale only to the program partner and therefore protecting future supply and market integrity.
  • Scalable Program that can be implemented in phases.
  • Program can be customized to meet specific customer requirements

Customer Benefits

  • Assets can be recovered over the term of the agreement (example: 5 years)
  • Improved Business performance:
    • Excess & Obsolescence Reduction, Increase Turns, Cash Flow
  • Cost Reductions
    • Reduced warehouse requirements freeing up much needed space
    • Recovery costs will be less than going back to the OPM/OEM for a new purchase
  • Customer Satisfaction
    • No end customer impact by implementation of program.
    • Security of material that will become difficult to source in future years. Lead-time reduction.
  • Workforce Efficiency
    • Focus on the moving material that can be managed.
    • Reduction of time spent reviewing this material trying to decide what to do with it.