'The Group' Holds First Strategic Planning Meeting - aftermarketNews

‘The Group’ Holds First Strategic Planning Meeting

The-Group-LogoGRAPEVINE, Texas and STAUTON, Va. –Management of the newly formed Automotive Parts Services Group (The Group) held its first joint strategic planning meeting Jan. 5-6 in Staunton, Va. The meeting marked the first time that co-CEOs, Bill Maggs fromPronto and Rusty Bishop from Federated, brought together some of their key staff members for a strategic planning exercise.

The two-day meeting included a tour of the 370,000-square-foot Co-Man warehouse complex and a discussion of the future plans for expansion and shared utilization. There also were presentations and discussions on data management and process sharing, electronic catalog capabilities, technology programs and various member support functions.

Plans were developed for supplier relationships and line review processes, and goals were established for various improvement initiatives. Growth strategies were discussed and new member applications for both Federated and Pronto were reviewed and evaluated.

A major area of focus was national account support with a review of each program. Plans were created to improve coverage and service to these important customers. A decision was made for The Group to operate as one entity with these major accounts immediately, in order to facilitate better service, availability and a streamlined administrative process. The combined national account team will meet several times in the next month to execute plans.

“To see the value this merger will bring to our members to help grow their businesses is exciting and to begin implementing some of the joint strategies is really rewarding,” said Maggs.

During the meeting, there also was discussion of the global market, with a review of the 1Parts strategy that provides strategic interface with suppliers and distributors around the world. Discussions centered around trends and opportunities for global collaboration.

Future meeting dates for The Group were reviewed and joint membership meetings were planned for as early as 2016. Federated management is planning to attend the Pronto board of directors meeting in mid-February 2015 and several other future meetings will be scheduled together.

“Watching the tremendous talent from both organizations working together was inspiring,” said Bishop. “The results will have outstanding benefits for our members and their customers.”

 

See Also:

You May Also Like

TBC Corporation Appoints New President and CEO 

Don Byrd, currently TBC’s chief strategy and marketing officer, assumes his new role effective May 1.

TBC Corporation (TBC) announced the appointment of the company’s new president and chief executive officer, Don Byrd. Byrd, who currently serves as TBC’s chief strategy and marketing officer, will replace Sam Kato, effective May 1.

Kato, who was appointed to position TBC for growth and evolution, will return to Sumitomo, one of TBC’s shareholders. 

The Impact of Trade and Tariffs on the Aftermarket

While there are numerous components that make up “landed costs,” duties, taxes and tariffs are a huge factor and can often be a detriment to global trade, says Thomas Cook, managing director at Blue Tiger International.

Fenix Parts Completes Acquisition of Neal Auto Parts

Neal is an automotive recycler servicing the Central Illinois market with a population of approximately 1.3 million people.

Fenix Parts Acquires Green Auto Parts & Recycling

The company also announced Edgar Akopyan will be joining Fenix Parts as the director of business development, Southern California.

Automotive Parts Associates Recaps Annual General Meeting

Several supplier and shareholder awards were presented during the meeting, March 26-28, at the Grand Hyatt San Antonio River Walk in San Antonio.

Other Posts

New 17-ton Rotary Pit Lift Released in Europe, Middle East, Africa

The lift can adjust to fit different pit sizes, while maintaining the ability to pick up, lift and support heavy-duty vehicles.

Rotary-pit-lift-600
BCA Bearings Announces 2024 ‘Endless Summer’ Promotion

BCA’s warehouse distributor customers can earn BCA-branded, premium merchandise with orders of BCA wheel hub assemblies, bearings and seals.

Rotating Electrical: Revolving and Evolving

Higher compression ratios, increased accessory electrical loads, and the move toward hybridization and emissions compliance have brought many changes to the design and requirements of these rotating electrical components.

Rotating Electrical: Revolving and Evolving
The Purge: Flushing & Filling the Coolant

This job isn’t needed as often as it used to be, but it’s still important.

The Purge Flushing & Filling the Coolant