aftermarket preparedness -...
TRANSCRIPT
Aftermarket Preparedness
March 1, 2018 - Episode 1
An independent information overload filter newsletter purposed to keep you informed, while respecting the value of your time with focused content during a season of unprecedented change.
Content directly related to the unbridled change in the Automotive Aftermarket Parts and Serviceindustries, plus personal survival / success skills, and outside the box examination of other industriesfor lessons of acclimation to change.
Getting information off theinternet is like taking a
drink from a fire hydrant.
pg 1
- Mitchell Kapor
Information gathered and/or produced by:Jerry Spradlin, Agent of Change Consultant jerryspradlin.com
Questions?I will attempt to answer questions in order of receipt, e-mail contact: [email protected]
We Welcome Your Feedback Help us improve your experience by taking a short survey - Give Feedback
pg 2
Table of Contents
Technical Changes & Pending Technical Changes to the Automotive Aftermarkets Parts ParadigmFeature Article: LIDAR - The Future is Now .................................................................................3Technological advances in new vehicle obstacle detection/avoidance has spawned a wholenew category of replacement parts.
Industry News.............................................................................................................................8 Mergers/acquisitions/performance/opening/closing, and so on...
Foreign Service Specialists Post Strongest Gains........................................................................9Insight from Lang Automotive Marketing
CRP Automotive's Award winning YouTube Product Awareness & Technical Hints TrainingVideo Series ................................................................................................................................7A new episode every month plus a perpetual reference library of over seventy episodes
EV Concerns ..............................................................................................................................6Electric vehicles are coming - ready or not.
Future gaze into Autonomous Vehicles?......................................................................................6Futurecasting the influence of possible autonomous vehicles.
Logistics News............................................................................................................................9What's new in moving and warehousing product?
Personal and Team Development................................................................................................12Procrastination - A Step-By- Step Guide to Stop Procrastinating
Quotes........................................................................................................................................10"Short sentences drawn from long experience."~ Miguel de Cervantes, (1547- 1616) Spanish writer, author of Don Quixote
Aftermarket Preparedness Survey................................................................................................1Help us provide you with a better reading experience.
Scroll through entire issue or click page number for desired content access
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here
Technical Changes & Pending Technical Changes to theAutomotive Aftermarket Parts Paradigm
“We’re slow to believe what it hurts us to believe.”- Ovid, (43 BC – AD 17/18) classical Roman poet who lived under the reign of Augustus.
LIDAR The Future Is Now
Image Source: www.aaa.com
WARNING: It is possible to be sucked into days of internet research on this product category!
What is LIDAR?Definition: Lidar (also called LIDAR, LiDAR, and LADAR) is a surveying method that measures distance to atarget by illuminating the target with pulsed laser light and measuring the reflected pulses with a sensor.
Lidar - definition of lidar by The Free Dictionary
Lidar - Wikipedia
pg 3
Why does LIDAR matter to us? Whole new category of Replacement Parts looming on the imminent horizon, our industry will need:
pg 4
More capital, inventory, warehouse & shelf space - and hopefully more sales.
It will be expensive to employ first to market strategy, yet vital, and there will be a "wait" forROI. Perhaps less so if your company is in the collision business - still some time away.
More product awareness & knowledge necessitating training. I suggest that seriouscompetitors in business for the long haul practice "single point of entry training"simultaneously training their own company culture and their end users alike if your companyplans to participate in the evolving technological age of transportation via preparation...
Current, already deployed component of new vehicle production: Obstacle Detection/Identification and Collision Avoidance.
In testing for autonomous vehicle production:
LIDAR Automotive Applications:
Digital Mapping for Autonomous Driving.
Automotive LiDAR Solutions - LeddartechLidarThere's no doubt that technology is disrupting the automotive industry. The concept of turning your car intoa robot...
KEY TAKE AWAY "SPOILER ALERT":If you do not distribute BOSCH, Denso, & Hella, perhaps prudent time to consider doing so...
What are Bosch, Denso, & Hella positions on LIDAR Obstacle Detection/Identification replacementcomponents? And/or Autonomous Driving replacement components?
BOSCH, Denso, and Hella are:
Aggressively pursuing Tier 1 business in this category
Making related start-up acquisitions
Investing Billions of DollarsAnd all three manufacturers distribute multiple categories of automotive replacement parts,both OE and aftermarket...
Quoting excerpts from the below Reportlisted on the internet:
pg 5
Top Companies in the Global Automotive LiDAR ... - Technavio
BOSCH"One of the largest suppliers of automotive components, the various verticals that Bosch serves areconsumer goods, industrial technology, mobility solutions and energy & building solutions. As per its latestannouncement, Bosch will sell LiDAR by 2020 to meet the market demand for high-tech sensors."
Bosch's self-driving car prototype could give us a ... - Business...
"Established in 1949, DENSO is a leading supplier of advanced automotive technology, systems andcomponents for major automakers. Industrial products, consumer products and OEM automotive systems& components are some of its key products. DENSO has also developed in-vehicle LiDAR for automotiveapplications.:"
DENSO
Denso investing $1 billion in U.S. automotive manufacturing ...DENSO invests in Mobility as a Service Company Ridecell
"Hella is one of the largest trade organizations for automotive parts, accessories, diagnostics and serviceswithin Europe. It develops products for specialist vehicles along with entirely independent applications likestreet lighting, systems, and electronic components for the automotive industry. Hella’s numerous ADAS arebased on camera, ultrasonic, infrared LiDAR, and 24 GHz radar technology."
HELLA
MAGAZINE 360° DIGITALSoftware as a product and deep learning in production - a tour of the digital HELLA world.
Or not - another opinion, however most major vehiclemanufacturers are already committed, meaning there willbe LIDAR replacement parts business.
pg 6
Click on below link for Elon Musk's opinion:
THE VERGEElon Musk still doesn’t think LIDAR is necessary for fully driverless cars
Extra "Nerd" Credit "Over the Edge" Deep Dive Reading/Subscriptions from a related industry available...
Sensors Mag - Official Site
Sensors Online is the primary source for design and production engineers seeking information about sensortechnologies, sensor-related technologies, and their real ... Read more >>
EV ConcernsAutomakers are betting big on electric cars — but there's a ...
Automakers are betting big on electric cars — but there's a lingering problemwith EVs no oneis talking about. Matthew DeBord. 12h; 2,988. facebook ·linkedin · twitter; email; print. Electric carscharging Dan Kitwood/Getty Images.Even in California, where electric-car sales are far higher than in the rest of theUS, ... Read more >>
Future gaze into Autonomous Vehicles? Inside Uber's self-driving tech center in Pittsburgh, a glimpse...
Inside Uber's self-driving tech center in Pittsburgh, a glimpse of the possible future of transportation. by Taylor ... GeekWire is putting its own HQ2 inPittsburgh for the month of February 2018 — reporting on the people,technologies and ideas transforming the industrial city into an innovationpowerhouse. Read more >>
pg 7
This edition of Aftermarket Preparedness brought to you by:
Family of Brands: Contitech / Rein / Pentosin / Ajusa / Fertan / AAE Steering Systems
www.crpautomotive.com
Award Winning YouTube Training Video Series CRP Automotive's Product Awareness and "Tech Hint" Video Series demonstrates their commitment topartnering with their customers to prepare our industry for the future on every level, including the automotiveparts distribution channel and technicians as well.
For the latest products and repair tips for European and Asian vehicles, go "Inside the Brands" with CRPAutomotive.
pg 8
From After Marketing News, February 9, 2018O’Reilly Automotive Reports 4th Quarter, Full-Year 2017 Results; Announces Additional $1B ShareRepurchase AuthorizationSales for the year ended Dec. 31, 2017, increased $385 million, or 4 percent, to $8.98 billion from $8.59billion for the same period one year ago. Read more >>
From RTT News 2/7/2018 4:40 PM ETO`Reilly Automotive Inc. Earnings Rise In Q4 - rttnews.comO`Reilly Automotive Inc. (ORLY) announced a profit for its fourth quarter that rose compared to the sameperiod last year. The company said its bottom line rose to $302. Read more >>
O`Reilly Automotive Inc. earnings at a glance:
Earnings (Q4): $302.32 Mln. vs. $246.03 Mln. last year.Earnings Growth (Y-o-Y): 22.9%EPS (Q4): $3.52 vs. $2.59 last year.EPS Growth (Y-o-Y): 35.9%Analysts Estimate: $2.77Revenue (Q4): $2.19 Bln vs. $2.10 Bln last year.Revenue Change (Y-o-Y): 4.3%
From After Marketing News, February 9, 2018Parts Authority Opens A New Location In El Cajon, CaliforniaParts Authority has seen significant growth in the past 12 months. Last year, Parts Authority acquired threebusinesses: World Auto Parts in Cleveland; Mainline Auto Parts in Baltimore; and the former One Stop PartsSource franchise location in Riverside, California. Read more >>
Industry News
pg 9
I, and another 6,000 people in our industry, lookforward to reading The Lang Aftermarket iReport.
It is clear and concise, and it offers bullet pointed“takeaways” at the end of each issue.
Foreign Specialists (outlets focusing on the repair of foreign nameplates) averaged 6.5% annual PurchasedService growth between 2012 and 2017, the strongest annual growth rate among the seven major groupsof car and light truck DIFM outlets.
Foreign Specialists accounted for the fourth largest Purchased Service volume gain, $2.2 billion, between2012 and 2017.
Logistics News
Amazon wants 3PLs to know they aren't necessary for the company's success
What an Amazon shipping service means for 3PLsIf Amazon does launch a shipping service, only the most tech-savvy 3PLs may be able to compete.
Amazon reportedly challenges FedEx, UPS with shipping serviceRumors of a shipping service on this scale have swirled for some time, with observers speculating howdeeply legacy shippers would be impacted.
Amazon Has Just Registered to Sell Ocean FreightFlexport has obtained information that Amazon China has registered to operate as an ocean freightforwarder in the United States. The Federal Maritime Commission now lists Amazon China in itsdirectory of licensed Ocean Transportation Intermediaries—the list of companies authorized to sellocean freight services.
Subscribe FREE to this iReport
Will Amazon invest enough to rival UPS, FedEx?Amazon's new shipping service for third-party sellers is starting in a single market and would require aninvestment of billions of dollars to compete nationally with UPS and FedEx, according to analysts. Thecompany would need to add thousands more trucks, hundreds of planes and a national network ofsorting centers.
Issue 18006 RELEASED 02/07/2017
Regarding AmazonThese links could be of interest to Automotive Aftermarket WDs that are dependent on Amazon fulfillment business:
Foreign Service Specialists Posts Strongest Gains
pg 10
In Defense of Quotes
"Short sentences drawn from long experience." ~ Miguel de Cervantes, (1547 - 1616) Spanish writer, author of Don Quixote
The value of quotes:
"In phrases as brief as a breath worldly wisdom concentrates." ~ Willis Goth Regier, Quotology, 2010
"It is a pleasure to be able to quote lines to fit any occasion..." ~ Abraham Lincoln
"I love quotations because it is a joy to find thoughts one might have, beautifully expressed with much authority by someone recognized wiser than oneself." ~ Marlene Dietrich, actress and singer
"Quotations will tell the full measure of meaning, if you have enough of them." ~ James Murray, English actor
"The profoundest thought or passion sleeps as in a mine, until an equal mind and heart finds and publishes it." ~ Ralph Waldo Emerson, "Quotation and Originality," Letters and Social Aims, 1876
"If you are not willing to learn, no one can help you. If you are determined to learn, no one can stop you"~ is a motivational saying that has been printed on many posters. The saying was cited on Twitter on August 1, 2011. Authorship is unknown.
"It is the mark of an educated mind to be able to entertain a thought without accepting it." ~ Aristotle
Learning:
"Words are containers for power, you choose what kind of power they carry." ~ Joyce Meter
The power of words:
"The limits of my language means the limits of my world." ~ Ludwig Wittgenstein, (1889 – 1951) Austrian-British philosopher who worked primarily in logic
"The aftermarket will undergo more changes (and more rapid changes) in the next 5 years than it has over the past 50 years"~ Jim Lang, Lang Marketing Group
Change in The Automotive Aftermarket Parts Distribution Industry
pg 11
In Defense of Quotes
"When opportunity comes, it is too late to prepare" ~ John Wooden, American basketball coach
Preparedness:
"The future started yesterday, and we're already late." ~ John Legend, American singer, songwriter, musician and actor.
"Plant, cultivate, harvest. And that second comma, the one between cultivate and harvest, often represents a loooong period of time." ~ Jeff Olson, author and leadership trainer
"It is not necessary to change. Survival is not mandatory"~ W. Edwards Deming
Change:
"If you don’t like change, you’re going to love irrelevance." ~ General Eric Shinseki, retired Chief of Staff, U. S. Army
"If I had asked people what they wanted, they would have said faster horses." ~ Henry Ford
"The measure of intelligence is the ability to change." ~ Albert Einstein, (disputed)
"To improve is to change, so to be perfect is to have changed often." ~ Winston Churchill
"Nothing happens until the pain of staying the same out weighs the pain of change." ~ Arthur Burt
"Impatience is often a catalyst for progress and change." ~ David Miller, COO at The Parts House, Industry Philosopher
jerryspradlin.comMore quotes can be found at Quotes Tab.
pg 12
Personal and Team Development- On Breaking Free from Procrastination:
Procrastination - A Step-By-Step Guide to Stop Procrastinating
Leon Ho
If you have so many things to do that you often find yourself struggling to finish projectsand tasks and move on to other stuff, you're certainly not alone... Read more >>
Subscribe to Aftermarket PreparednessSubscribe FREE - Click Here
Is your company agile enoughto outpace your competitors inpursuit of the new majority shareof the autoparts business?
Designed by PixelStudio.Design