Your Source for Up-To-Date News and Research on the Collision Repair Industry 

 

click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email

SUBSCRIBERS-ONLY
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor

Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide

Management/
Technical Info
Market Watch Rates
INSIGHT Inside this month's issue...

Feedback
Letter to the Editor

Parts.com Delays 10KSB Filing; Releases TradeMotion 5.0

Parts.com, Inc., a marketplace and software solutions provider for the parts, equipment and supply industry, has announced the release of TradeMotion 5.0, which includes a TradeMotion Locator Service and Content Management System. Parts.com announced it would also be filing its 2001 10KSB before May 10, 2002 meeting its listing requirements with the NASDAQ OTC Bulletin Board.

Parts.com announced the release of TradeMotion 5.0, a new Content Management System and a new TradeMotion Locator Service that connects all of its TradeMotion Octane users together in procuring OEM parts. TradeMotion Parts Locator offers a Flexible Pricing Method (FPM) between individual supplier and buyer relationships. This FPM allows parts managers to maintain their variable pricing structures with their current customers while allowing customized pricing on a part-by-part basis. The new TradeMotion Locator Service allows dealers to look-up parts by part number and part description. This will allow dealership parts managers to procure OEM parts from different makes.

"By continuing to add additional features inside TradeMotion Octane, we provide parts managers with another reason to log-on to our back office system. An example of this would be a parts manager from a Chevrolet franchise, needing to locate and procure an alternator for a 2001 Ford F-150 pick-up, but not knowing the part number," stated Mr. Lucas. "The off-line parts locating business generates millions of dollars annually for companies and we felt an ecommerce application would be very competitive in this area." Parts.com's new "Content Management System" aims to give dealers control of text and images throughout their webpages on the site and to modify "meta tags" to optimize and control their placement in search engines for marketing placement. In addition parts.com has added a Customer Relationship Management tool called TradeMotion CRM, which offers various email-marketing tools to enhance dealer/supplier relationships with customers.

"Parts.com has experienced delays in filing its 2001 10KSB, because of the late change in auditors," stated Mr. Lucas. "We will be filing our 10KSB before May 10, 2002 and will subsequently be filing our 1st quarter 10QSB, thereby maintaining our NASDAQ OTC Bulletin Board listing requirements. It has been a difficult two-years financially, but our TradeMotion Software continues to generate interest and sales as more and more dot-coms and brick and mortar companies fail to execute their ecommerce models."

©2002 Collision Repair Industry INSIGHT
All Rights Reserved

FEATURED
LINKS:

INSIGHT Supports the NABC!
Do You?