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LKQ Corporation Changes the Format of Its 2020 Annual Meeting of Stockholders to Virtual-Only Due to Coronavirus Precautions
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By Counterman
Automotive Parts Associates (APA) announced it is excited to “let the good times roll” with its 2025 Annual General Meeting, which will take place from March 21-23 at the Hilton New Orleans Riverside hotel in New Orleans.
Each year, APA shareholders, TruStar members and valued supplier partners come together to mix, mingle, and network, and the 2025 AGM promises to deliver all that and more with a vibrant New Orleans twist,
link hidden, please login to view said. The meeting will kick off with a lively welcome reception followed by APA’s popular Date Night, where suppliers have the opportunity to take a shareholder or member to dinner for a more personal connection. Attendees will also hear valuable insights from industry leaders, added
link hidden, please login to view. Ted Hughes from the Auto Care Association and Simeon Gutman from Morgan Stanley will provide updates on the state of the industry, while Rob Haslehurst from L.E.K. Consulting will discuss the evolving landscape of electric vehicles. In addition, cybersecurity expert Gary Beadle will deliver a timely presentation on protecting businesses in an increasingly digital world. Alongside these informative sessions, scheduled one-on-one meetings between shareholders, members and suppliers will allow for dedicated business discussions.
The meeting will conclude with a memorable awards dinner at the renowned National WWII Museum, where APA said it will celebrate outstanding achievements within its network. Guests can expect a night filled with celebration, fun and a dash of New Orleans charm.
“Our Annual General Meeting is more than just a gathering; it’s where connections are made, ideas are sparked, and partnerships thrive,” said Steve Tucker, president of APA. “By bringing our shareholders, members, and supplier partners together, we set the stage for shared success in the year ahead.”
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By Counterman
line announced details of its sixth annual Mechanics Month initiative. Beginning Monday, March 3, the annual campaign celebrates what Valvoline called the often-unsung heroes of the mobility industry and beyond: the mechanics who keep the world moving forward.
According to Valvoline, this year’s theme, “The Future is in Your Hands,” shines a spotlight on mechanics across the globe, highlighting their expertise, skill and heart for the critical work they do each day. From independent workshops to dealerships, construction sites to fleets, mechanics solve problems that others can’t. Yet, fixing machinery is only part of the job; mechanics serve as educators and partners to their customers, offering peace of mind when it matters most, Valvoline said.
“Valvoline Global is proud to honor the important contributions of mechanics worldwide,” said Jamal Muashsher, chief executive officer of Valvoline Global. “Mechanics Month is about recognizing the mechanics in our local communities who not only maintain the present – but also shape the future – by keeping people around the world moving forward.”
Global Recognition of Local Mechanics
As part of Mechanics Month,
link hidden, please login to view teams in over 60 countries will celebrate local mechanics, working with community members to acknowledge their service. Notable celebrations spanning multiple regions include: Providing over 100 toolboxes, including safety gear and Valvoline-branded merchandise, to mechanics at workshops throughout Thailand. Hosting thank you dinners featuring games, prizes and live entertainment for mechanics and their families throughout Southeast Asia. Teaming up with Hendrick Motorsports for surprise deliveries of Valvoline Mechanics Month packages to hardworking team mechanics in the U.S. Working with select distributor and school partners to offer dozens of scholarships across Mexico and El Salvador. Offering brand and product training to over 200 mechanics and various scholarship programs and initiatives throughout China. The company will also feature mechanics in global web and social media spotlights during the month of March.
Grand Prix Meets Gratitude
As the Official Lubricant Partner of the Aston Martin Aramco Formula One® (AMAF1) Team, Valvoline Global will further collaborate with its AMAF1 partner to highlight the importance of continuously building a pipeline of talented mechanics.
For the second year in a row, AMAF1 will participate in Valvoline Global’s Aspiring Mechanics Program as they invite students from Milton Keynes College (United Kingdom) to learn from F1 mechanics.
The Valvoline Global Aspiring Mechanics Program, established in 2024, is focused on educating and supporting future mechanics as they grow their skills. Through this program, the company aims to play a direct role in minimizing the growing shortage of mechanics globally, while raising awareness of the importance of the trade, Valvoline said.
Join the Celebration
You can learn more about Valvoline’s celebration of mechanics by visiting
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By Counterman
Like many parts professionals, I’m a little bit OCD. My coworkers might tell you that’s an understatement. Organization has always been a pet project of mine, from designing and implementing planograms for the retail floor to maximizing storage space in the areas behind the counter.
For the retail areas of our stores, we receive a great deal of support from the various manufacturers that make up our line cards. Corporate planograms, signage and other materials not only make it easier for us to effectively display retail products, but these professionally designed merchandisers also serve as advertising for the manufacturer. Having a particular category or brand offering consolidated in one place makes it more convenient for a customer to find what they need with minimal assistance, and the manufacturer can display the items they feel showcase their brand more effectively and profitably.
The “back of house” area is an entirely different world when it comes to inventory organization. Warehousing and other non-public-facing storage areas need not be visually appealing to attract customer dollars, but they should be designed to maximize inventory dollars per square foot, and to encourage safe and efficient workflow when picking orders and restocking products.
With products from multiple vendors sharing warehouse space, a simple and logical method of organization is to group items first by manufacturer/brand, and then alphanumerically. For most of our manufacturers, this works well because their product offerings are often similar in size and packaging. For manufacturers with varied product lines, this becomes a bit more challenging. A chassis parts inventory will include a wide variety of package sizes and shapes, making it difficult to store long items like drag links in the same space as a relatively compact ball joint package, or the large irregular shapes found when organizing boxed control arms. A well-defined part numbering system can help alleviate some of these storage issues, but there always seems to be one or more outliers, leaving the stock clerk to figure out how to shelve them effectively.
In the OEM dealership world, parts generally come from a single source. With a single “brand,” and often cryptic part numbering systems, the alphanumeric inventory method becomes nearly impossible. Consecutive part numbers could (theoretically) be as varied as a bolt, a set of brake pads and a door shell, none of which would sensibly be shelved together. For most dealer parts departments, a “bin location” system is necessary to customize and maximize storage. Each part number is assigned a location code, corresponding to a specific shelf, drawer or bin somewhere in the warehouse.
The “bin location” method offers flexibility, but adds another level of complexity to organization. Shelving units are more uniformly organized, with like-sized items stored together regardless of function or category. As parts transition through their natural life cycles, they can be added to and removed from their locations, keeping faster-moving parts closer to the counter for ease of picking, or moving a part’s location to accommodate larger stocking quantities of that item. In some cases, it also can allow for items that are frequently sold together to be stocked in the same location. Finally, location coding allows for less-experienced warehouse personnel to find items simply by finding a location and verifying the part number on the order, rather relying on someone’s memory of “where we keep that widget.”
The drawback is in the duplication. Each part number must be assigned additional information when it is initially stocked, and some store-level inventory systems are not designed to accommodate a field for location. Further, if a location code is entered incorrectly, never assigned or a part is mis-stocked somewhere in the warehouse, it easily becomes “lost,” and can be nearly impossible to find until an inventory is performed. Most dealerships maintain a perpetual “bin count” schedule, checking a few bins each day to keep up with this task, making corrections as necessary.
No matter your organizational method, keeping a sense of order is important when designing your back of house area. Minimizing the amount of empty space (not including that reserved for future expansion) maximizes the value of your inventory per square foot. Physical characteristics of some parts will often dictate their unique storage needs, but wherever we can streamline the process of stocking and retrieving parts, we increase efficiency and worker productivity.
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By Counterman
Larry Pacey and the
link hidden, please login to view team created an evening to remember as hosts of their 12th Annual Million Dollar Vendor Award Reception and Dinner. It was a dazzling event as vendors from across the country gathered on the 40th floor of the EAST Hotel in Brickell, Miami, Florida, on Friday, Jan. 31, 2025. NPW is a member of both the Aftermarket Auto Parts Alliance, as well as AAM Group. Chris Pacey, NPW CEO and President (in foreground), Larry Pacey, NPW Chairman. Arriving on buses with a police escort, vendors started the gala event with a fun cocktail hour. Then, guests enjoyed a fabulous filet and lobster tail dinner, followed up with bananas foster for dessert, as they listened to a musician on keyboard providing entertainment before the evening’s award presentations.
Founder Larry Pacey and his son, Chris Pacey, CEO and President of NPW, began the night’s presentation with a long and impressive list of accomplishments in 2024, while adding to buckle up for a spectacular 2025 as they continue their goal of growing their business.
(from left): Chris Pacey, Craig Kerins, Dorman VP Sales, Nico Dolciato, Dorman Regional Sales Manager, Larry Pacey, John Pacey, and Steve Berman, Dorman Chairman.
Chris underlined their commitment to invest in team member development and promotions this past year, in addition to continuing their aggressive stance that resulted in the introduction of 34,000 new, unique SKUs in 2024, plus the addition of 140 CSC members added to their network of repair shops.
On the docket for 2025 are programs to expand marketing initiatives, in addition to continuing their support of the nonprofit organization First Tee with their 35th annual golf tournament.
(from left): Chris Pacey, Gil Benjamin, US Motor Works CEO and President, Larry Pacey and John Pacey.
Chris also reminded the audience of Larry being awarded AWDA’s Pursuit of Excellence, and Danielle Rickerson being named a member of the AMN Women at the Wheel Class of 2024.
(from left): Chris Pacey, Mike Harvey, WIX VP Sales, Larry Pacey and John Pacey.
Following these remarks, Larry and Chris recognized and awarded 45 individual vendors, again an increase from 41 in 2023, at the $5 million, $15 million and $20 million levels, in addition to the $1 million club. NPW emphasized its goal to increase the number of participating members in 2025.
(from left): Chris Pacey, Matthew Kaufman, Anchor Industries Sales Manager, Larry Pacey, Doug Kaufman, Anchor Industries CEO, and John Pacey.
The companies in this year’s Million Dollar Vendor Club are below, followed by a photo gallery of the evening’s festivities:
Agility Auto Parts
Anchor Industries
APW
ARP
ATP/Pioneer
BBB/Remy
Bosch
Cific Heads
Cloyes
Davico
Deka
Dorman Products
DRiV
Dura-Go
Edelbrock Group
Energy Suspension
Engine-Pro
FCS
First Brands
Gates
Hastings Piston Rings
Highline Warren
Holley
Liland Global
MAHLE
Melling
Motive Gear
MPA
Niterra NA (NGK)
Plews & Edelmann
Race Winning Brands
Redhorse
SA Gear
SBI
SKF
Standard Motor Products (SMP)
Topline Products
Trakmotive
TYC
UEM Pistons
US Motorworks
Valvoline
WAI
Wilmar
WIX
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