McLean, VA, January 18, 2012 --(PR.com
)-- Corcentric, a leading provider of Internet Parts Ordering (IPO) solutions for the automotive industry, today announced they have added Dorman Products to their growing list of suppliers using Corcentric’s Internet Parts Ordering (IPO) solution. Dorman is a leading supplier of dealer “exclusive” automotive replacement parts, automotive hardware, brake products, and household hardware to the automotive aftermarket and mass merchandise markets.
Corcentric’s IPO solution utilizes the industry standard, Automotive Aftermarket Industry Association’s (AAIA) IPO 2.0 to coordinate transactions between Dorman’s business systems and their buyers. By using Corcentric’s IPO solution, Dorman can eliminate manual processes associated with special parts ordering, including locating and ordering special order parts.
Additionally, within Corcentric’s IPO solution, Dorman will be using Corcentric’s OneConnect EDI solution to electronically exchange invoices.
“The Corcentric IPO (Internet Parts Ordering) offering is addressing the very difficult and manual process of locating and ordering special order parts,” states Dave Lindeen, Vice President, Corcentric. “The process eliminates the manual processes of communicating back and forth between the manufacturer and the wholesale distributor. Corcentric’s IPO offering enables the wholesale distributor to quickly locate the part, place the part order, and have shipping visibility instantaneously. This leads to a significant savings in connecting the manufacturer with the wholesale distributor and provides customers with e-mail updates on the status of their parts from inquiry to shipment.”
About Dorman Products
Dorman Products, Inc. is a leading supplier of Dealer “Exclusive” automotive replacement parts, automotive hardware, brake products, and household hardware to the Automotive Aftermarket and Mass Merchandise markets. Dorman products are marketed under the Dorman®, OE Solutions™, HELP!®, AutoGrade™, First Stop™, Conduct-Tite®, renew®, TECHoice®, Symmetry® and Scan-Tech® brand names.
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. Factors that could cause actual results to differ materially include, but are not limited to, those factors discussed in the Company’s most recent Annual Report on Form 10-K under Item 1A - Risk Factors.
Corcentric is a leader in financial process automation, specializing in Electronic Data Interchange (EDI) solutions for the automotive industry. By creating a paperless conduit between Procurement, Accounts Payable, Accounts Receivable, and suppliers, Corcentric allows companies to immediately manage 100% of their invoices electronically. Our cloud-based (SaaS) architecture allows for solutions to be configured in days rather than months for rapid return on investment.
Corcentric was founded in 1998 and is headquartered in McLean, Virginia with offices in Cherry Hill, NJ; Oakbrook Terrace, IL; Coral Springs, FL; and Saddle Brook, NJ. More than 3,000 companies rely on Corcentric to streamline their invoicing and payment processes to gain controls and efficiency while optimizing working capital.
For more information on Corcentric, call 877.790.7272 or visit corcentric.com.