This initiative stems from a larger, industry-wide, exploratory project announced by the suppliers in April. Each participating company supports the e-business efforts of its customers, and seeks to realize its own supply-chain management improvements by increasing speed and responsiveness and reducing costs at all levels of the value chain.
Besides Tenneco Automotive, the other companies involved include: Dana Corporation (NYSE:DCN), Delphi Automotive Systems Corporation (NYSE:DPH), Robert Bosch Corporation, The Timken Company (NYSE:TKR), TRW Inc. (NYSE:TRW) and Valeo (PA: VLOF).
The companies are focusing on technology issues facing the automotive aftermarket and identifying business-to-business technology solutions. Collectively, the companies are working to identify and implement technology solutions at lower costs, resulting in greater benefits for participants and their customers.
"The Internet will have a tremendous impact on the aftermarket, and this group is focused on taking advantage of the opportunities through existing distribution channels," said David G. Gabriel, senior vice president and general manager, North American aftermarket, Tenneco Automotive. "Together, we can help shape the direction in our industry so everyone benefits from e- commerce."
It is anticipated, as the group focuses on opportunities of mutual interest in the quickly-evolving business-to-business technology arena, additional companies with similar aftermarket goals may consider participation. This supplier group plans to pursue its web-based efforts in the automotive aftermarket and announce its next steps in the fourth quarter 2000.