Core Tracking

Core is defined as a component or subassembly such as an engine, gearbox, or fuel pump that can be rebuilt or remanufactured and is often available as part of a dealer exchange program.

In this context, Core refers to failed material or used parts and is the raw material available for re-manufacture after the customer has no more use for it and has returned it. The core value is added to the part price at the outset of the sale to help ensure its return and is refunded when the part is returned. If the core material or used parts are not returned the value is lost.

Core transactions should be tracked in order to know which components must be returned to suppliers or which are expected back from the customers. Tracking can take place:

• When selling or buying a remanufactured component.
• At delivery of a component.
• When the customer returns a core.
• When crediting a refund.

This document introduces core tracking and explains how to keep track of open core transactions.