The specialized parts sector within the automotive supply chain is currently growing at a rate of 8% each year. Much of this growth is stemming from a rise in popularity in do it yourself auto restoration and repairs.
The task of managing and streamlining OEM spare parts distribution is vast and complex. The automotive spare parts aftermarket is now a $39 billion industry that shows no signs of slowing.
One of the most important aspects to this sector is the ability to manage inventory and accurately deliver orders when and where they are needed. A recent article from Inbound Logistics discusses how aftermarket parts are influencing multi-channel logistics.