source: NAGS press release and order form
The National Auto Glass Specifications (NAGS) has made two preview packages available to the industry in preparation for the rebalancing of benchmark prices of glass parts, which is set to take effect on January 10, 2005.
The first preview, based on the May 2004 publication currently in use, will be distributed this month. The second will be distributed in October/November and will be based on the September 2004 release. The January adjustment will result in a significant overall reduction in the benchmark retail list prices currently published in the NAGS print and electronic database products.
According to a press release issued by NAGS, the preview packages are designed to give industry constituents information to help them understand the magnitude of the changes as they relate to their organization. As a result of the NAGS rebalancing, buyers and sellers will need to review the terms of their trading agreements and make such adjustments as they deem necessary to account for the new benchmark price levels. To assist trading partners in their analysis, each package will include a printed booklet and an electronic file describing the benchmark price change for the most commonly sold parts. Each part listing will include part number, current benchmark price, rebalanced benchmark price, percentage change in benchmark price, adhesive quantity and labor hours.
Each preview packet will contain
Those interested in the NAGS rebalancing preview packets should contact NAGS at 800/551-4012 x 8413.
No reproduction, in print, electronic or any form without the expressed written permission of
Key Communications Inc. 540-720-5584.