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

Delphi Adds 180 Parts in First Half of 2024

The new products represent more than 153 million vehicles in operation across the United States and Canada.

Delphi, a brand of PHINIA Inc., has added 180 parts across its portfolio in North America for the first half of 2024, representing more than 153 million vehicles in operation across the United States and Canada.

“Delphi remains committed to expanding our product offerings to ensure we’re meeting the needs of the market environment,” said CJ Neville, senior director of global product, engineering, business process and business development, aftermarket. “This major launch of parts continues to demonstrate the reliability and quality for which Delphi is known.”

PRT Releases 28 New Complete Struts in North America

The new products represent nearly 6 million vehicles in new coverage, PRT said.

PRT-Releases-28-New-Complete-Struts-in-North-America
Purolator Adds Filter Coverage for More Than 2 Million Vehicles

Seventy-three part numbers have been added to the company’s line of oil, air and cabin air filters.

Purolator Adds Filter Coverage For More Than 2 Million Vehicles
Andrew Grose Named Vice President of Grote Networks

With a background in engineering and strategy, Grose will lead the newly formed Grote Networks Business Division.

Andrew Grose Named Vice President of Grote Networks
KYB Celebrates 50 Years in North America

As it celebrates the past and looks to the future, KYB said it continues to grow, with a new product line scheduled for release in 2025.

KYB 50th
Other Posts
Lubrizol Announces New Oil Additive Solution

The company said the additive will enable oil marketers to meet the performance requirements of ILSAC GF-7.

Lubrizol Announces New Oil Additive Solution
Modine Releases Advanced Cabin Climate System

The new system expands Modine’s EVantage portfolio.

Modine-Releases-Advanced-Cabin-Climate-System
GSP Announces July New Products

The company has released 162 ADVANTEDGE Loaded Struts, 26 Wheel Hub Assemblies and 4 PrePressed Wheel Hub Assemblies.

GSP-Announces-July-New-Products
US Motor Works: From Pumps to Powerhouse

Driven by a relentless focus on quality and operational excellence, US Motor Works has evolved into a leader in cooling and fuel systems.

US Motor Works