Pep Boys Rolls Out E3's Inventory Management Solutions To Over 650 Locations
16 February 2000
Pep Boys Rolls Out E3 Corporation's Inventory Management Solutions To Over 650 Locations NationwideATLANTA, Feb. 16 -- Pep Boys , one of the top automotive parts retailers in the United States, today announced that E3 Corporation, the global leader of inventory management and replenishment solutions, is the chosen company to help streamline inventory processes and increase profitability. The E3 solution will be used at Pep Boys' six distribution centers and more than 650 retail facilities nationwide. Pep Boys is the only aftermarket retail and service chain in the nation that serves all segments of the industry: do-it-yourself, do-it-for-me, buy- for-resale, fleet and replacement tires. The company features state-of-the- art service bays and an extensive assortment of top-quality auto parts, accessories, tires and batteries. Accurate inventory management is crucial to strong relationships between vendors, distribution centers and retail locations. E3's inventory management solution will enable Pep Boys to streamline and standardize its inventory processes across the enterprise, reduce inventory while ensuring that all customer needs and requirements are met, and improve bottom line profits through increased productivity. Implementations will begin this month and are expected to be completed by the end of 2000. "Inventory Management and replenishment is crucial to our business," said Robert E. Brann, Senior Vice President of Merchandising. "In today's tough competitive environment, it's more crucial than ever that we have the right item, in the right quantity, in the right place, at the right time in the most cost-efficient manner possible, to meet the needs of every customer in each business segment we serve. After a long and careful search, we came to the conclusion that E3 is by far the best inventory management and replenishment solution available in the market today to handle our complex business. Our partnership with E3 will help ensure continuous improvement in this crucial business function, enabling us to further serve our customers." "With nearly 20 years of experience in the automotive industry, E3 has the depth of experience and innovative solutions to give the industry's largest companies a competitive edge," said E3 Chief Executive Officer Dennis Hogue. "Like Pep Boys and the many other top automotive industry customers, E3 prides itself on the high quality of our solutions and customer service. We are pleased that Pep Boys has chosen E3, and we look forward to working as partners with Pep Boys in the future." About Pep Boys Pep Boys, with headquarters in Philadelphia, founded in 1921, has 658 locations in 37 states and Puerto Rico and more than 28,000 employees. The company has more than 6,700 service bays, over 13.2 million square feet of retail space, and more than 2.5 million square feet of warehouse space. Total revenue for fiscal 1998 was approximately $2.4 billion. About E3 Corporation Based in Atlanta and with nine international offices, E3 addresses the inventory management needs of wholesalers, retail chains and manufacturers. Solutions cross a multitude of industries including: general merchandise, drug, office products, wine and spirits, auto parts, food, hardware, HVAC and industrial supply. E3 software interoperates with all client software and integrates easily with all major enterprise software systems and industry standards. Visit the E3 web site at http://www.e3.com .