CA Dealer Power Up Binder - Flipbook - Page 12
5. The Dealer shall be responsible for collecting all relevant taxes (including
sales tax) arising from the sale of the KPP products to the end-user and for
remitting such amounts to the appropriate governmental agency.
6. Dealer shall pay all invoices, and applicable programs, to the Company
based on the invoice due date.
7. Dealer’s Commission by product model is provided by the Company in
Company’s most recent Product Pricing Bulletin (Dealer Sales Bulletin).
Inventory and Stocking
1. KPP inventory and stocking is managed by the Company through an autoreplenishment process that uses minimum and maximum inventory levels
(“Min/Max Levels”) and product model/sku numbers to determine the
Dealer’s need for additional inventory.
2. The Dealer and the Company work together to set the Min/Max Levels and
should be reviewed regularly to ensure stock levels for the Dealer.
3. Prior to shipping, the Company must confirm approval from the Company
Finance department for the shipment to be released. If there are issues, they
are noted in the Dealer Portal to be resolved.
4. The Dealer shall accept shipments based upon the Min/Max process. If
modifications are needed, the Dealer must contact the Company to request
an adjustment to the Min/Max Levels. If the Min/Max Levels are approved
and adjusted in the Dealer Portal, Dealer will then collaborate with the
Company to adjust current stock on hand through a Transfer process. This
situation will be managed on a case-by-case basis.
Procedure
KPP Product Shipping and Prioritization
1. The Company ships KPP products each week on Wednesday, Thursday, or
Friday based on Auto replenishment Min/Max criteria for inventory not
being met in the system. Once the replenishment value exceeds $500 the
product will be shipped to the dealer. The product is shipped with freight
paid for by the Company.
2. If a product is back ordered or has availability issues the Company will
prioritize shipment based on the Kress Club and Dealer Classification in
conjunction with the number of items needed by model.
To be continued on back page…
Positec Commercial, Inc.
929 Jay Street, Suite 200 Charlotte, NC 28208
Tel: 855-34KRESS (855-345-7377)
CA-DPM-2023-002|V1|4.5.23
