North American Dealer Parts Exchange Releases Distruptive Technology to the Big Three
Offers a first-to-market platform for dealers to reduce idle parts inventory
Edmonton, AB, Canada — August 1, 2017 — North American Dealer Parts Exchange (NADPE) has announced they are now opening taps on the big three automakers in the North America. NADPE successfully launched their pilot within the last five month, that offers dealership parts departments’ an industry-wide platform to reduce unneeded parts inventory in bulk.
NADPE is an innovator in the OEM Dealership world for the parts department and it has amassed more than 100 new active dealers in just the last few months during their pilot program, by helping dealers trade idle & obsolete parts at dealer cost—an industry first.
“At NADPE, we have successfully created a continent-wide marketplace for dealerships to bulk trade, sell, and buy parts by cross-matching dealers inventory.” said Shawn Larkin, CEO of NADPE. He added, “We are now opening taps on the big three American carmakers, namely Ford, General Motors, and Chrysler. With our industry-leading process, dealers will be able to take advantage of this parts exchange platform like never before.”
At its core, NADPE is a listing service that lets dealers make transactions of OEM parts easily where there is little possibility of sale in their local market. Through simple online transactions, dealer parts departments minimize losses on obsolete and idle parts, and release frozen capital that’s been trapped in dead and idle parts. There’s no cost to list parts with NADPE, and only small fees associated with membership and completed transactions.
About North American Dealer Parts Exchange
NADPE’s management team consists of NADA-trained professionals in the automotive industry, with individuals experienced in various aspects of parts management, auto industry, finance, and marketing. The innovative platform was borne from the pains of a fixed operations director, frustrated by the inability to undo the burden of idle parts. Since its successful program start in early 2017, NADPE has onboarded more than 100 dealerships within the last few months while piloting the program, accounting for a plethora of transactions per day.
For more information, please visit: www.NADPE.com