For Immediate Release
Aftermarket Auto Parts Alliance Wins 2012 Polk Inventory Efficiency Award
SAN ANTONIO (May 16, 2012) – The Aftermarket Auto Parts Alliance was presented with the 2012 Polk Inventory Efficiency Award during a ceremony at the Global Automotive Aftermarket Symposium (GAAS) held today in Chicago, IL. The Alliance, representing 53 independent warehouse distributor companies across North America, conducts business under the Auto Value and Bumper to Bumper brands, and was recognized by Polk in the Retailer/Distributor category.
The Alliance successfully integrated multiple data sources and developed innovative applications to enhance inventory management decision making processes. A key example is the Inventory Optimization Tool, which enables members to right-size inventories, increase turns, enhance order fulfillment, and improve sales and working capital.
Concurrently, the Alliance developed its Supplies, Accessories, and Tools eCatalog, which operates in tandem with aftermarket application eCatalogs and point-of-sale platforms to enable jobber and installer look-ups of non-application parts.
"We are pleased to recognize the great work of Aftermarket Auto Parts Alliance in this year's program," said Mark Seng, vice president, aftermarket and commercial vehicle. "Their contributions and success in driving industry-leading inventory management and supply chain practices within their businesses serve as a powerful example for others in the automotive aftermarket community."
“We have been working on our Inventory Optimization Tool for some time now and really got it right in early 2011,” said Dale Hopkins, Alliance CIO. “The Polk Inventory Efficiency Award is highly coveted and we’re proud of our IT team and the 53 Alliance members we serve, since this award really is for all of them.”
"We are grateful to Polk for recognizing the Alliance with the Inventory Efficiency Award," said John R. Washbish, president and CEO, Aftermarket Auto Parts Alliance, Inc. "We're honored to join other industry leaders and serve as a role model for others considering best practices in inventory efficiency."
About Auto Value and Bumper to Bumper
Auto Value/Bumper to Bumper is part of Aftermarket Auto Parts Alliance, one of the largest auto parts distribution and marketing organizations in the world. As the source for quality parts and service for over 2,300 parts stores and over 2,900 certified service centers throughout North America, the Alliance prides itself on responding to the individual automotive needs of each customer and providing proven, quality service.