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Corbus Confidential
Spot buy Training

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Spot buy Process
Step 1- Corbus to receive shortage reports from plant’s buyer Here is the details of plant buyers.
Plant Buyer by Distributor:
@Janicel – Supports Avnet
@Benito – Supports Arrow
@Cristina – Supports Future
Step 2- Review the reports received to identify highly critical parts and review the remarks from Supplier/buyer in the
report to see whether open market action is required or not.
a.- Parts can be identified in the reports with Critical, Red, Yellow to understand the coverage and
criticality.
b. -There may be cases where part is critical but supplier is going to ship some qty. thus get well is going to
achieved sooner. Corbus needs to check with Zak/buyers to see if open market action is required.
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c.- Forecast (Corbus to receive forecast report from JCI) has an important role here and if supplier is
shipping some pcs but we see issue in future shipments Corbus still needs to investigate open
market. However, needs to check with Zak/buyer
Step-3- Once everything is set Corbus can start open market action. Corbus to receive “AML Reports”
every month with below information to identify manufacturer and Rohs complaint parts
against Tyco part number.
Step 4- Corbus to visit the Octopart website link: https://octopart.com/ and enter the Mfr. part
number to look for the parts availability and qty. There is another website
http://www.oemstrade.com but we will prefer Octopart as the information is more or less
same.
Step 5- Enter the part number and get the details per below screenshot. Need to make sure to pick
the distributor against which you see a “star” per below and with ample stock to cover the
need.

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Step-6- Also at the same time need to see whether AML report and Octopart manufacturer name
and part number is matching. This must match.
Step 7- Copy the Octopart link plus note down the stock available and paste it per below-
https://octopart.com/search?q=EEE-FK1C101P&currency=USD&specs=0 , example- 657 stocks

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Step 8- If the stock on Octopart will not cover the gap or if there is no stock on Octopart, please
reach out to our Distributors.

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Here is the sample email draft.

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Step 9- If we found stock via distributor, need to put it here. Distributor Name and Qty. available,
Price
Step 10- PPV Delta ( It is the overall difference in price between existing or new order for a particular
part) So PPV= (Standard price -New order price) X qty purchased New order price provided
by the broker
Step 11- Revenue IMPACT ???

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Step 12- If Brokers cannot find stock and we are line down/not covered for the quarter, reach out to
Engineering for alternates. (fd.continuation.engineering@jci.com ) and copy buyers on that email

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Thank You!!