Experian Automotive tool provides insight for better parts management

Jan. 1, 2020
Experian Automotive launched Parts in Operation, an enhancement to its VelocitySM platform that enables aftermarket professionals to better manage inventory, optimize parts production and understand demographic influences on the market.
Experian Automotive launched Parts in Operation, an enhancement to its VelocitySM platform that enables aftermarket professionals to better manage inventory, optimize parts production and understand demographic influences on the market.

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The Velocity platform integrates original equipment product lines, or a user’s vehicle parts catalog data, and matches it to Experian Automotive’s AutoCount Vehicles in OperationSM database through Automotive Aftermarket Industry Association (AAIA) Aftermarket Catalog Enhanced Standard (ACES) codes. Based on this data, Parts in Operation creates multiple road map options, providing users with actionable information that enables them to better understand what is happening in their market, why it is occurring and how to move forward based on the results. The road maps include inventory management and gap analysis plans, which contain interactive maps, graphs, charts and customized data that can be analyzed rapidly within the tool or easily exported for use in the user’s own product set. 

Experian Automotive will be demonstrating the new Parts in Operation tool at the Automotive Aftermarket Products Expo (AAPEX), Oct. 30–Nov. 1, Booth #2681.
 
Experian’s vehicles in operation data is available four weeks after the close of the quarter, is coded to the AAIA vehicle standards, and includes detailed vehicle attributes for vehicle model years 1967 and newer.

About Experian Automotive
Experian Automotive provides information services and market intelligence that enables results-driven professionals to gain the fullest possible understanding of the market, the vehicles and the people who buy them. Its North American Vehicle DatabaseSM houses data on nearly 700 million vehicles and, when combined with Experian’s credit, consumer and business information, provides an integrated perspective into the automotive marketplace. Experian Automotive’s AutoCheck® vehicle history reports provide dealers and consumers with in-depth information, allowing them to confidently understand, compare and select the right vehicles. For more information on Experian Automotive and its suite of services, visit our Website at http://www.ExperianAutomotive.com.

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