OEC Awarded Patent For MyPriceLink

OEC Awarded Patent For MyPriceLink

OEC’s MyPriceLink is a service that delivers real-time dynamic list pricing on OE collision parts based on timing and local market conditions.

OEConnection LLC (OEC) has announced the issuance of U.S. Patent No. 9,747,481. This patent relates to MyPriceLink, a service that delivers real-time dynamic list pricing on OE collision parts based on timing and local market conditions.

“OEC continues to lead the way in pioneering new technologies that are revolutionizing the auto parts industry,” said Chuck Rotuno, OEC chairman and CEO. “In 2001, we pioneered online collision parts procurement through our CollisionLink solution; in 2007, we introduced web-based parts conquesting technology through our Parts Marketing Administration (PMA) solution; and now we are providing real-time, dynamic list pricing through MyPriceLink. The combination of CollisionLink, PMA and MyPriceLink makes for a very comprehensive parts strategy for automakers.”

OEC currently provides CollisionLink and PMA to 23 OEMs, 8,000 dealers and nearly 20,000 collision repair shops in the U.S. and Canada, who use these solutions to complete nearly 400,000 transactions each month. Launched in December 2015, MyPriceLink currently fulfills 125 million pricing requests every day with an average response time of less than 0.5 seconds. MyPriceLink integrates with numerous collision estimating systems and dealer management systems and is accessible through CollisionLink (for participating dealers), CollisionLink Insurance, CollisionLink Shop or directly through participating collision estimating systems.

“MyPriceLink is set to transform the industry,” said Bill Lopez, OEC vice president and general manager, collision. “GM is currently using MyPriceLink to great effect and it won’t be long before every automaker makes using MyPriceLink standard operating procedure to more accurately and reliably present their parts pricing.”

Several additional patent applications for MyPriceLink features are pending. For more information regarding MyPriceLink, visit MyPriceLink.com.

You May Also Like

AutoPartSource Wins O’Reilly 2022 Sales and Service Award

AutoPartSource is an aftermarket manufacturer/distributor headquartered in Richmond, Virginia.

AutoPartSource was presented with the 2022 Sales & Service Award from O'Reilly Auto Parts on Jan. 11 in Dallas, Texas. Accepting the award was Dave Gonzales, senior vice president of sales & marketing for Momentum USA Inc., the parent company of AutoPartSource.

AutoPartSource is an aftermarket manufacturer/distributor headquartered in Richmond, Virginia. The company manufactures filtration products, including cabin air filters and PPE masks, and distributes brakes and exhaust products. 

DRiV Expands New Product Coverage Across Brand Portfolio 

Expanded coverage will be introduced for Monroe, MOOG, Fel-Pro, Walker, Wagner and Rancho throughout 2023.

Tenneco Adds H2 to Alt. Fuels Engine-Testing Capabilities

Extensive testing capabilities established in Germany and Michigan for internal combustion engines powered by hydrogen.

Gentex to Open Production Facility in Grand Rapids

Gentex says it continues to implement meaningful solutions to the ongoing labor shortage.

Dana Offers Spicer End Yokes for Allison Transmissions

The end yokes are designed to help minimize noise and vibration and keep drivelines running smoothly.

Other Posts

BorgWarner Included in 2023 Bloomberg Gender-Equality Index

The index measures gender equality across equal pay and gender pay parity, leadership and talent pipeline, inclusive culture and more.

New Bosch Campaign Focuses on Night Performance Wiper Blades

Bosch FOCUS and ENVISION wiper blades are designed to make nighttime driving safer in inclement weather, the company says.

US Motor Works Releases 9 New Water Pumps

The latest nine new water pumps are now in stock and ready to order.

NGK Spark Plugs Announces New Company Name and Logo 

The company says the name change is reflective of transformation in the organization’s business portfolio.