ChoiceParts, the professional's auto parts network, will share its expertise and vision for the online auto parts industry during a panel discussion tomorrow at eMarketWorld's eAutoWorld conference at the Hyatt Regency in Chicago.
ChoiceParts, an independent company founded by the Dealer Services and Claims Solutions Groups of Automatic Data Processing, Inc. (NYSE: AUD), CCC Information Services Inc. (Nasdaq: CCCG), and The Reynolds and Reynolds Company (NYSE: REY), will soon introduce automotive retailers and collision repair facilities to an integrated, virtual service parts exchange to serve the multi-billion dollar auto parts market.
Peter Largen, interim co-CEO of ChoiceParts, will serve as a panelist in one of eAutoWorld's sessions, entitled "Crashing the Web: Replacement Parts Move Online," which will take place on Tuesday, June 20, from 9 a.m. - 9:50 a.m.
This eAutoWorld panel discussion will focus new attention on the supply of auto parts to businesses that service and repair vehicles for consumers. This service parts supply chain, which is just beginning to move online, is estimated to involve several hundred billion dollars of replacement parts transactions.
Specifically, Largen, an industry leader with nearly two decades of experience in the automotive and collision industries, will address many of the key components to online parts exchange success. He will focus on issues including technology integration, industry knowledge and simplicity.
"The most effective online parts exchange will be the one that can quickly create a large network of parts buyers and sellers by integrating a new, online network into the existing systems (or workstations) of its end users," said Largen. "This integration will help to dramatically reduce many of the inefficiencies involved in the replacement auto parts procurement process. These increased efficiencies will have a tremendously positive impact on auto retailers, collision repair professionals, insurance companies, OEMs and ultimately, end consumers."
Largen will also discuss ChoiceParts, and the value that the collective knowledge of its founders brings to the company's development.
"ChoiceParts' founding companies have an in-depth understanding of the unique challenges faced by automotive retailers and collision repair specialists," said Largen. "Our founding companies also possess an intricate knowledge of the existing technologies in place at these facilities. ChoiceParts will leverage this industry knowledge to build an online auto parts exchange that enables end-users to quickly and simply move their parts business online, without having to change many of their existing processes. This user-friendly facet of ChoiceParts' service will be one of the keys to its success."
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Founded via partnership among automotive and collision industry leaders CCC Information Services Inc. (Nasdaq: CCCG), The Reynolds and Reynolds Company (NYSE: REY), and including Dealer Services and Claims Solutions Groups of Automatic Data Processing, Inc. (NYSE: AUD), ChoiceParts will offer automotive retailers and collision repair specialists an integrated, online parts solution that assures unprecedented speed, accuracy, knowledge and convenience. The point-of-need approach of ChoiceParts' virtual auto parts exchange will enable buyers and sellers in the parts supply chain to instantly locate and order the parts they need, helping deliver higher customer satisfaction rates across the automotive and collision repair industries. Additional information about the company is available on the Web at www.choiceparts.com .