ChoiceParts Shares Vision at eAutoWorld Conference
20 June 2000
ChoiceParts Interim co-CEO to Provide Insight into Effective Strategies for Moving Automotive Replacement Parts Online
CHICAGO - 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. , CCC
Information Services Inc. , and The Reynolds and Reynolds
Company , 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."
About eMarketWorld.com
eMarketWorld.com is an Internet company that combines vertical industry-
specific conferences with highly transactional exchange floors to form an
eBusiness Marketplace to educate senior executives on the opportunities
offered by the Internet and enable them to accelerate their impact on the New
Economy. These content-rich programs are targeted toward both buyers and
sellers and promote dynamic networking and knowledge sharing opportunities.
EMarketWorld.com plans to coordinate more than 50 conferences by the end of
2000, including @d:tech and eHealthcareWorld. eMarketWorld.com is a partner
company of Internet Capital Group .
About ChoiceParts
Founded via partnership among automotive and collision industry leaders
CCC Information Services Inc. , The Reynolds and Reynolds
Company , and including Dealer Services and Claims Solutions Groups
of Automatic Data Processing, Inc. , 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.