Experian Automotive announces its AutoCount Vehicles in OperationSM data has been selected by The Timken Company to help its automotive aftermarket business make stronger manufacturing and inventory supply decisions.
Using AutoCount Vehicles in Operation data will allow Timken, a global manufacturer of antifriction bearings and related products, to better understand what vehicles are on the road in its markets and, in turn, adjust its operations to better serve its customers in those markets. By having ready access to Experian’s AutoCount Vehicles in Operation information on more than 240 million vehicles in the United States, Timken can better determine the best times to ramp up or slow down parts production, when to add or launch new products, forecast product obsolescence and more effectively plan their stocking needs.
“Experian’s AutoCount Vehicles in Operation data gives us a detailed view of the market faster than any other data provider in the aftermarket, allowing us to make real-time decisions that will have the greatest impact on our bottom line,” says Barry Harris, global manager of product and marketing – aftermarket, for Timken. “By using this data, we are confident that we will be better equipped to make fast and effective business decisions that will benefit both Timken and our customers.”
Experian’s AutoCount Vehicles in Operation data is updated within six weeks of the end of each quarter, ensuring that aftermarket organizations have the most timely and comprehensive information available to help better manage inventory levels, efficiently plan for new vehicle introductions, adjust for technology changes, and better assess locations for retail stores and service bays.
“Our AutoCount Vehicles in Operation offering delivers the timely information aftermarket companies need to help them better understand what vehicles are on the road, identify the unique parts needs for local markets, and act on that information to remain competitive and profitable in today’s market,” said Scott Waldron, president of Experian Automotive. “We are excited to work with Timken in supplying them with the information tools they need to become even more successful in the aftermarket space.”
For more information, visit www.experianautomotive.com or www.timken.com.
