There are different types of vehicle spare parts that, depending on the period of year, present great differences in their demand levels. This demand behavior is known as: seasonality.
In this article we will analyze the demand behavior for certain types of parts and in different countries, to analyze and observe their possible seasonality:
1) A/C compressors in Spain: as we can see, we find a great seasonality, associated with the hottest months, between the beginning of May and the end of September.
2) A/C Compressors in the UK: In the UK, demand levels for A/C compressors remain fairly stable throughout the year, except for the months of March-April when demand is noticeably lower.
3) Starter motors for passenger cars in Europe: we do not detect any type of seasonality in the demand for starter motors for passenger cars at European level.
4) Starter motors for marine applications in Europe: we detected a significant seasonality associated with the summer holiday periods (May-October).
5) Steering gear for passenger cars in Spain: there is no seasonality in the demand for this type of spare parts.
As we have seen, there are different types of products that, either due to the weather or holiday periods, show very different levels of demand throughout the year. If we also combine this seasonality with the age of the vehicles and their demand curve (we already analysed this some time ago in an article such as Future demand or Interesting products), we are faced with a truly complex scenario in order to accurately determine product needs.
For this reason, it is very important that stock managers pay close attention to the delivery times of the entire supply chain, taking into account the possible variations in demand that exist throughout the year.
Factory Data has the NEO system tool that accurately analyses the demand in the vehicle spare parts market and helps not only to optimise the product assortment, but also to detect the volume and trend of demand, in order to quickly adapt to customer needs.
