Tuesday February 14
Frost & Sullivan Names Keystone Automotive 2005 Market LeaderKeystone Automotive Industries, Inc. received the Frost & Sullivan 2005 Market Leadership of the Year Award at an annual ceremony held in La Jolla, California in February. Frost & Sullivan, known for their global growth consulting and extensive market analysis, conducted a nationwide study in which Keystone was named the number one supply source choice in all collision repair product categories.
"Keystone is honored to receive this award and will continue to strive for excellence," stated Christopher Northup, Vice President for Keystone Automotive Industries. "Keystone's goal is to supply our customers with quality products, every time. It's gratifying to hear we are successful in meeting their needs."
Each year this award is presented to a company that has demonstrated excellence in the majority of product and service metrics. Key metrics include product quality, best price, component fit, product innovation, customer service, after sales service, and brand image. The award lauds tremendous responsiveness to customer needs and continual focus on long and short-term customer profitability goals.
Keystone supplies generic equivalent parts to the collision repair industry.
"We are able to offer a high quality, lower cost alternative to car company parts," said Northup.
According to Frost & Sullivan's consulting analysts, Rick Brown and Mary-Beth Kellenger, "Keystone's flawless execution of its strategy has resulted in strong revenues and a fiercely loyal clientele that will allow Keystone to further increase its market share."
This sound execution comes from decades of experience in the collision industry and an innovative approach towards doing business, said Brown and Kellenger.
Keystone Automotive Industries, Inc. distributes its products primarily to collision repair shops through 136 distribution facilities, of which 22 serve as regional hubs, located in 38 states and Canada. Its product lines consist of automotive body parts, bumpers, and remanufactured alloy wheels, as well as paint and other materials used in repairing a damaged vehicle. These products comprise more than 19,000 stock keeping units that are sold to more than 25,000 repair shops throughout the United States and Canada.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years.
©2006 Collision Repair Industry INSIGHT