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Identify, capture and grow parts and components revenue
Rapid technology adoption, increased introduction of new and revised models, platform consolidations is the new automotive industry norm. Ensuring effective capacity planning for current and future inventories directly impacts revenues and margins. To identify new opportunities for growth and, position effectively against the competition, suppliers need a comprehensive, accurate and timely source of industry, market and vehicle insight.
Built on a foundation of the most trusted source of global demand forecasts that cover 99% of global vehicle production, vehicle registration and vehicles-in-operation, IHS Automotive delivers solutions that:
Improve engineering and manufacturing operations globally
Throughout the engineering and manufacturing process, thousands of decisions are made that impact time to market, product quality, safety and cost. Maintaining or building a competitive edge relies on engineers and suppliers collaborating globally, leveraging knowledge and design reuse, and improving material and component sourcing.
IHS Automotive helps you optimize manufacturing investments, improve engineering and operations, lower costs across manufacturing operations, and minimize risks across the supply chain.
Drive aftermarket revenue and profitability
With the lengthening of vehicle ownership, the market for replacement parts and extended vehicle service has never been greater. To capitalize on this lucrative trend, aftermarket parts and service suppliers need ready access to a comprehensive, accurate and timely source of market, PARC and VIO insight.
IHS provides solutions that help suppliers:
The first automotive website of its kind quantified the value of the leads its clients receive from Autobytel.com with credible data that points to the need for dealers and OEMs to increase emphasis on CPO programs, do more to differentiate their brand and treat every consumer as a conquest opportunity.Learn more about our client’s successes
This provider of the International Motorcycle Shows, a series of consumer events in markets throughout the US, obtained credible data that showed increased sales and revenue following their events – e.g. attendees were nearly 9 times more likely to buy a new motorcycle than the average US household.Learn more about our client’s successes
Listen to Vasanth Krishnaswami, PhD – Senior Innovation Consultant for IHS Product Design – explain how a leading original equipment manufacturer (OEM) in the North American automotive leader is meeting new challenges in the area of fuel efficiency and emissions related both to market needs and critical regulatory compliance issues.View Video
When the seventh-largest automotive parts distributor in the US managed its inventory more effectively, it reduced excess inventory at corporate stores by $6.1 million, identified $12.1 million in parts returns and placed orders for $7.1 million in parts based on knowledge of vehicles in their trade area.Learn more about our client’s successes
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