RICHFIELD, Ohio, -- OEConnection LLC, the leading Online Parts & Service Exchange in the automotive industry, announced today its agreement with Navistar, Inc. (NYSE: NAV) to provide their parts supply chain and intelligence tools. Navistar is the first non-automotive manufacturer to select OEConnection to provide software solutions to its organization, joining 14 automotive manufacturers and over 15,000 dealerships throughout North America that are already utilizing OEConnection's web-based tools.
Navistar will implement OEConnection's solutions for 280 International(R) dealerships across 800 locations in the US and Canada. Upon implementation, International Truck dealerships will have access to OEConnection's online parts sourcing and idle inventory reduction tools to create a parts supply network and shorten part cycle-times. By enabling the dealership channel's parts inventories to be utilized in fulfilling backorders and other part types, OEConnection's solutions will help ensure International vehicles are repaired and on the road faster. These tools will also enable Navistar initiatives that limit in-channel idle inventory and provide boosted fill rates even as capital investment in PDC parts inventories are constrained.
"We're incredibly pleased that Navistar has chosen OEConnection to help achieve their goals of improved parts efficiencies," stated Charles Rotuno, President and CEO of OEConnection. "In these tough economic times, organizations are looking to improve operations. OEConnection is uniquely positioned to provide Navistar with solutions for improved in-channel parts procurement, analysis, and performance."
Rommel Miranda, Navistar Vice President Parts Sales and Marketing, indicates "Navistar is focused on developing an integrated dealer parts network that will provide efficiencies for our channel's ability to improve their parts procurement process. Specifically, reducing the amount of time it takes us to fulfill backordered part requests will result in increased vehicle uptime for our customers. Doing so will allow us to increase overall productivity, and OEConnection comprehensive tools will help us with this endeavor."
James Rose, Jr., OEConnection Vice President of Emerging Markets & OEM Initiatives, echoes this connection. "The automotive industry is not alone in its quest to develop advanced supply networks by leveraging in-channel OE parts inventories," says Rose. "These same challenges of getting the right parts to the right place exist in industries such as heavy-duty truck and heavy equipment, where vehicle uptime is directly related to productivity. OEConnection's expertise in providing technology solutions makes us a perfect fit to help Navistar with their parts fulfillment needs."
About OEConnection LLC
OEConnection is the leading Online Parts & Service Exchange (OPSX) in the automotive industry, serving over 15,000 dealerships, collision repair shops, fleets, tire distributors and manufacturers. Customers use OEConnection products nearly 5 million times each month to market, manage and move original equipment parts, facilitating an estimated $12 billion in annual replacement parts trade. The company is headquartered in the greater Cleveland area at 4205 Highlander Parkway, Richfield, Ohio, 44286. Additional information is available at www.oeconnection.com.
About Navistar
Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International(R) brand commercial and military trucks, MaxxForce(R) brand diesel engines, IC Bus brand school and commercial buses, and Workhorse(R) brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine parts and service. Another affiliate offers financing services. Additional information is available at www.navistar.com/newsroom.
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