iStarXchange Offers One-Stop Solutions for Automotive Industry Supply Chain
15 January 2001
iStarXchange Offers One-Stop Solutions for Automotive Industry Supply Chain
IRVINE, Calif.--Jan. 15, 2001--Top Execs of Leading Automotive B2B Aftermarket Exchange to Showcase
its Role as a Business Tool at Automotive News World Congress
When it comes to explaining the complex automotive aftermarket supply chain, E.J. O'Leary has a simple analogy:
"Like a coin, the automotive supply industry has two sides to it," said O'Leary, CEO of iStarXchange, a B2B e-marketplace that connects the entire automotive replacement parts supply chain. "On one side are the new car Tier One and Two suppliers to OEM distribution. This is where Covisint is focused.
"On the other side of the coin is the rest of the industry -- the distribution of aftermarket replacement parts from manufacturers to WDs, jobbers, retailers, dealers and installers. In this $150 billion a year arena, iStarXchange is the acknowledged industry leader."
The evolution of the automotive supply chain and how technology is solving today's issues will be the topic of discussion for O'Leary and five other top iStarXchange executives who will be at the Automotive News World Congress in Detroit, Jan. 15-18 to talk with attendees about the role iStarXchange plays in the e-marketplace.
Other iStarXchange participants include: Doug Formby, COO; Jeff Smith, CTO; Jon Stillwell, vice president of business development; Bryan Robb, director of aftermarket business development; and Joe Husman, director of OEM business development.
"We want to educate the industry about the iStarXchange end-to-end solution that links the entire aftermarket and OE parts and services supply chain," O'Leary said.
"iStarXchange offers a suite of services and provides specific solutions to the industry's real business needs. World Congress is an ideal place to present our game plan because of the caliber of its attendees. We anticipate a lot of discussions and feedback from participants at World Congress."
O'Leary said B2B exchanges will revolutionize the automotive distribution system, and that cutting-edge firms such as iStarXchange will make parts ordering through the channel much more efficient for distributors, thus increasing profitability.
"Right now, no more than two points of contact are interconnected," O'Leary said. "By providing information sharing, connectivity and product visibility at every level of the supply chain, iStarXchange dramatically improves performance and efficiency.
"The system offers benefits to every link of the automotive replacement parts supply chain. iStarXchange has capabilities ranging from supply chain management to being a marketplace service provider to a parts exchange to a solutions source to a technical resource. It truly is a one-stop shop."
About iStarXchange
Irvine-based iStarXchange is the leading e-Marketplace Service Provider to the entire automotive aftermarket and OE parts and services supply chain -- the first and only end-to-end solution to link automotive replacement parts and service providers in a single online marketplace. The company's services are based on i2 Technologies' industry-leading TradeMatrix platform.
iStarXchange provides more than e-commerce over the Internet; it leverages the efficiency and visibility of the Internet to deliver value-added services to each participant in the distribution chain -- from manufacturers, suppliers, warehouse distributors and jobbers to auto parts chains, new and used car dealers and a broad spectrum of professional installers.
This information, combined with sophisticated planning tools, is used to improve business processes, increase revenues and decrease costs.
For more information on iStarXchange, visit its Web site at www.iStarXchange.com or contact iStarXchange at 877/478-2717.