Jump to content

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn. 

     

Litens Aftermarket Acquires Kenakore Solutions in Ohio


Recommended Posts

rssImage-75a6a68f1b1e9697a1a3c8a757b563b8.jpeg

Litens Aftermarket announced its acquisition of Kenakore Solutions, a third-party logistics warehouse and distribution center in Perrysburg, Ohio, near Toledo.

Kenakore, with three decades of experience, has been a key partner to Litens for the past seven years. Litens said the acquisition is “a strategic move by Litens to enhance customer experience and streamline distribution processes.”

“Through integrating Kenakore’s well-established processes and systems, Litens is set to improve its overall customer experience through enhanced communication capabilities and increased flexibility that enables Litens to further meet diverse customer demands with ease,” the company asserted in a news release.  

Kenakore’s proximity to major distribution routes via I-75 and I-80 gives Litens “the added benefit of seamless connectivity and efficient distribution across the United States.”

With the completion of the acquisition, Kenakore’s distribution center will be rebranded as “Litens Aftermarket Distribution.” Encompassing 123,000 square feet of space, the facility is staffed by 40 employees and includes 30 shipping and receiving bays.

The facility plays a pivotal role in kitting and distributing Litens Aftermarket products, serving as the primary distribution hub for Litens Aftermarket in North America.

“We work closely with the team at Kenakore and are excited to bring them under the Litens umbrella,” said John Lussier, president of Litens Aftermarket. “This acquisition is a natural progression as we continue to strengthen our control over the customer experience across the aftermarket and underscores our commitment to elevating the Litens brand.”

The acquisition aligns with one of Litens’ strategic-growth pillars, focusing on complete customer-experience management and fostering a seamless end-to-end journey, Litens added.

The move follows Litens’ 2023 acquisition of Dolz, a Spain-based manufacturer of water pumps, “and is another step in Litens’ aftermarket growth initiative.”

The post

link hidden, please login to view
appeared first on
link hidden, please login to view
.

link hidden, please login to view

Link to comment
Share on other sites

Great Tire Deal

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Topics

    • By Counterman
      The group
      link hidden, please login to view estimates the global piston ring aftermarket will reach a value of $2.81 billion in 2024 and increase 4.8% over the next 10 years. According to FactMR, the market share of gasoline and hybrid cars is still huge, which will keep the demand growth for piston rings in the aftermarket steady over the coming years.
      Key Takeaways from the FactMR Study:
      Aftermarket sales of piston rings are expected to reach US$ 2.81 billion in 2024. The market is forecasted to touch US$ 4.5 billion by the end of 2034. Aftermarket sales of piston rings in the United States are set to reach US$ 581.1 million in 2024. China occupies a 60% share of the East Asia market in 2024. Aftermarket piston ring sales in Japan are expected to touch US$ 258.4 million in 2024. The East Asia market is projected to expand at a CAGR of 5.9% over the next 10 years. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By Counterman
      link hidden, please login to view announced it will automate the company’s aftermarket products warehouse in Crossville, Tennessee, scheduled for 2025. The warehouse will be retrofitted with a AutoStore robotic storage and picking system. Encompassing a 22,000-square-foot space, the system will include approximately 24,000 storage locations. The fully automated AutoStore picking solution represents a significant leap forward in SKF’s logistics capabilities, allowing for increased efficiency and precision in order fulfillment, the company said. Innovative Technology and Strategic Consolidation
      The Crossville facility was chosen for this new technology due to its existing role as SKF’s main distribution center in the US. The location offers substantial logistical benefits as a Free Trade Zone (FTZ), according to SKF. Additionally, Crossville already accommodates the SKF Vehicle Aftermarket North America component warehouse and Kitting Center, making it an ideal location to centralize warehousing, kitting, and logistics operations under one roof, the company added.
      Anticipating Enhanced Customer Experience
      The consolidation of storage and the introduction of advanced automation technology at the Crossville warehouse will significantly improve
      link hidden, please login to view operational efficiency. The facility’s 24,000 storage locations will ensure that a wide variety of products are readily available, enabling faster response times and better service for SKF’s customers. SKF Vehicle Aftermarket Global President Philipp Herlein said: “This strategic investment highlights SKF’s commitment to excellence in logistics, ensuring that the company continues to meet the evolving needs of its customers. By improving delivery lead times and optimizing order fulfillment processes, SKF is poised to enhance customer satisfaction and maintain its position as a trusted partner in the industry.”
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By Counterman
      Brian Cruickshank’s journey in the aftermarket industry began at Babcox Media, his first job right after college. Initially envisioned as a temporary position, his role evolved into a 29-year career that laid the foundation for his industry expertise. At Babcox, Cruickshank worked across various segments, starting as a junior editor for Underhood Service magazine. Cruickshank ultimately became the editor of Counterman Magazine and aftermarketNews, experiences that gave him comprehensive insights into the distribution market and prepared him for his current role as a Partner at Schwartz Advisors.
      Cruickshank’s engagement with the aftermarket community extends beyond his editorial roles. His involvement with Auto Care Connect, which began during his early career, has been a significant part of his professional development. This involvement continues today, with many Schwartz Advisors’ team members actively participating in Auto Care initiatives. 
      Cruickshank’s tenure at Counterman provided a front-row seat to the significant changes in distribution. He witnessed numerous major acquisitions, such as O’Reilly’s acquisition of CSK. These events were part of a broader trend of consolidation that has transformed the landscape of the aftermarket distribution sector. When Cruickshank entered the industry, he remembers more than 15 program distribution groups. This number has since dwindled due to mergers and acquisitions, illustrating the ongoing consolidation within the industry.
      Cruickshank notes that the consolidation trend shows no signs of slowing. Schwartz Advisors is deeply entrenched in the distribution sector, and firsthand experiences suggest that interest in both light vehicle and heavy-duty distributors remains strong. While the light vehicle distribution market is more mature, there’s increasing activity in the heavy truck segment. Factors driving this consolidation include the desire of founder-owned companies to either exit or find well-capitalized partners to support growth.
      Despite the ongoing consolidation, Cruickshank believes there is still a viable future for independent distributors. He anticipates that the number of distributors will continue to shrink, driven by acquisitions and interest from private equity. However, he underscores that well-run, profitable regional and local distributors will continue to have a place in the market.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By Counterman
      The future of the automotive aftermarket shines brightly, and AAPEX is at the forefront of this evolution. As vehicles log more miles and integrate increasingly complex electronics, the landscape of parts and repairs is diversifying. AAPEX research highlights that new products are the primary draw for attendees, making this conference a vital event for staying informed and competitive.
      The aftermarket is uniquely positioned to benefit from both internal combustion engines and electric vehicles (EVs). Attending AAPEX provides automotive professionals with the latest insights and innovations from industry leaders and the ability to check out cutting-edge products and solutions, helping you stay ahead of industry trends and capitalize on new opportunities.
      Don’t miss the chance to connect with experts, discover new technologies, and ensure your business thrives in this dynamic market. AAPEX is your gateway to the future of the automotive aftermarket.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • A-premium Auto Parts:5% OFF with Code GM5.
    • By Counterman
      As an industry, the aftermarket is unique and fortunate to have a robust, well-documented set of industry-specific data standards. If you’ve been in the automotive aftermarket since breakfast, you know there are data requirements about the products you sell and the vehicles they fit that are different from anything you’ve seen in any other hard goods industry. Year, Make, Model, Aspiration of the Engine or the Bed Length of your pick-up truck are all critical data to selecting the correct automotive replacement part of one type or another.
      You can imagine that without standardized reference data and widely agreed-upon data formats, there would be chaos, and little use of digital automation to exchange updates in catalog fitment files. Yet, that was the case in the aftermarket until late in the 20th Century. ACES© (the Aftermarket Catalog Exchange Standard) is over 25 years old and continues to evolve and expand in response to the growing industry requirements.
      ACES© is completely unique in the world of technical standards. It is not derived or maintained by any private commercial entity such as Red Hat or Microsoft. And it is not governed by a pseudo-government body such as the International Standards Organization (ISO) or the United Nations. The technical design, the supporting reference data, the administration, governance, and worldwide marketing of ACES© is all conducted under the watchful eye of the Auto Care Association and the Technology Standards Committee.
       Over the years, hundreds of volunteers have served on the committee and contributed their expertise to what is ACES© today. Nothing about developing a standard was easy. Each company represented around the table would like for the final solution to reflect their business choices and minimize the disruption to their legacy technology. Like any industry standard, ACES© is “the best bad idea” that all the participants could swallow at the time. If the solution is slightly disagreeable to everyone, it’s probably the right thing to do.
      In recent years, the Auto Care Association has invested tremendous resources in taking ACES© beyond its original scope and function. Because trading partner relationships are international, ACES© added vehicle reference data for Canada, Mexico, Brazil, and many other countries in Latin America. Because component manufacturers don’t limit their product assortments to light-duty vehicles only, medium- and heavy-duty vehicles, off-road, farm and agriculture, lawn and garden and many types of powersports vehicle were added. The charge was, “if a spark plug or diesel fuel injector fit it … there need to be ACES© vehicle codes to describe the application.” Recognizing that the needs of HD trucks are unique and important to the fleets and businesses that operate them, a major effort was undertaken to incorporate the needs of the Heavy-Duty segment of the aftermarket in the standards.
      However, there are challenges and issues with the current industry data standards that the Tech Standards Committee is actively addressing under the volunteer leadership of Marc Pappas, CIO of Federated Auto Parts, and Luke Smith, IT Director at AutoPartSource. Briefly, these top-three challenges are data quality and accuracy, data latency or timeliness, and adoption (always more).
      Accuracy and consistency in catalog data files are essential to providing a good customer experience and maximizing sales. Many brands regard their content as a competitive advantage and an opportunity to differentiate their products. But Eric Lough, VP of Customer Connectivity at All Star Auto Parts, says, “Accurate ACES© files are table stakes and the minimum requirement for a brand. There are plenty of opportunities to express your unique value proposition in product-specific attributes and description fields.”
      Auto Care has recently added a Catalog Data Assessment tool to the VIP portal. This offers any registered user a way to validate the format of their ACES© data files and ensure there are no illogical records that overlap or duplicate another. With the help of the Auto Care Catalog Assessment tool, it is simple to send your trading partners the best representation of your brand the first time. All the ACES© rules and Best Practices are available online. It is an open-book exam that every user should “Ace” (see what I did there). ACES© training documentation is available at academy.autocare.org and in-person classes are offered through the 
      link hidden, please login to view. Latency of catalog data refers to the time (and lost sales) between when a new product is engineered, manufactured, and first added to a catalog application file, and when resellers, websites and electronic catalog providers are able to process sales for the part. It is common for the delay between a new vehicle addition to the standard and when it can be sold to be 3-4 months or more.
      The current method of updating the vehicle reference tables is by way of a complete refresh where 98% of the records are unchanged from the previous version. A similar practice is followed when the complete catalog file is distributed by brands to trading partners. Exchanging “Net Change” files did not catch on previously because the technology to accurately manage changes was not widespread. But, the Sandpiper project, announced last year, holds the promise of making new data available through a web service in near real-time. If Auto Care makes new vehicle data available to users through an online service, catalog updates can be managed in much smaller parcels and distributed through the chain faster. The potential to make additional sales and reduce unproductive inventory is measured in the billions of dollars industrywide.
      The third major challenge is as old as the standards. Adoption of a new method to share data requires the confidence and vision to recognize the benefits and manage the challenges. A major program group told me that their rubber products supplier had yet to send any belt or hose applications for any non-automotive vehicles or equipment – even though the vehicles have been in the ACES© tables for two years. For years, major retailers and eCat providers said, we’ll never get rid of paper catalogs and fitment guides until ALL the applications are in the ACES© tables. With contributions by Power Systems Research, Experian and others, the Off Highway and Equipment tables are largely complete. The common reason given for why a vendor doesn’t send the catalog data now is that legacy data needs to be converted and resources need to be diverted from other projects.
      It occurs to me that the first brand to make Off Highway and Equipment an ACES© priority will own the market segment. Retailers and other customers want to use their integrated electronic catalog for all the parts available from their suppliers – not just light-duty cars and trucks. Waiting “for the standards to be finished” is not a strategy for success. Competitors looking for an opportunity to grab marketshare would be wise to look at all the products in their Distribution Center and ask, “what more could we sell if these were included in our ACES© files”?
      To remain relevant and valuable, the industry standards will continue to evolve and grow. They will never be finished. Since adoption is a multi-year proposition, time is of the essence and further delay is costly.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view

×
  • Create New...