Triad Systems Corporation Secures Major Contract with Acklands Limited

Strategic Insights -

Triad Systems Corporation, a leading provider of information-management tools for the automotive aftermarket, has announced a major contract with Acklands Limited, a Canadian company. Under the agreement, Triad will provide its industry-standard databases of automotive aftermarket parts and labor rates to Acklands' 24 corporate-owned locations, 112 Bumper To Bumper Jobber Associates, and its subsidiary McKerlie-Millen, which operates 113 stores. The contract also includes 100 Rose Auto Parts stores in the southeast United States. This significant deal further solidifies Triad's position in the Canadian aftermarket and demonstrates the growing awareness of the need for efficient parts flow and inventory management.

Key Takeaways:

  • Triad Systems Corporation has secured a major contract with Acklands Limited, a Canadian company, to provide its industry-standard databases of automotive aftermarket parts and labor rates.
  • The agreement includes 24 corporate-owned locations, 112 Bumper To Bumper Jobber Associates, and 113 stores operated by McKerlie-Millen, a subsidiary of Acklands.
  • The contract also covers 100 Rose Auto Parts stores in the southeast United States.
  • Triad's Electronic Catalog database includes parts numbers for vehicles and light trucks sold in the Canadian market, dating back to the 1980 model year.
  • Triad's labor database, introduced in the U.S. in late 1991, enables subscribers to quickly and accurately estimate the time required to complete a given repair or maintenance procedure.
  • Trading partners of Acklands Limited and its affiliates will be able to access Triad's labor database, increasing the efficiency of the parts ordering and procurement process and increasing customer satisfaction.
  • Triad introduced its Electronic Catalog of automotive parts to the U.S. aftermarket in 1984.
  • The comprehensive database and derivative products have since been expanded to include parts and prices from nearly 2500 product lines representing 400 manufacturers.
  • Triad's databases now serve more than 30,000 U.S. counter positions.

Statistics:

  • 24 corporate-owned locations of Acklands Limited will utilize Triad's databases.
  • 112 Bumper To Bumper Jobber Associates will access Triad's databases under the agreement.
  • 113 stores operated by McKerlie-Millen, a subsidiary of Acklands, will also use Triad's databases.
  • 100 Rose Auto Parts stores in the southeast United States will be included in the agreement.
  • Triad's Electronic Catalog database includes parts numbers for vehicles and light trucks sold in the Canadian market, dating back to the 1980 model year.
  • 30,000 U.S. counter positions are currently served by Triad's databases.
  • 2500 product lines, representing 400 manufacturers, are included in Triad's databases.

Sources:

  • PRNewswire, "Triad Systems Corporation (Nasdaq: TRSC) today announced that Acklands Limited, of Canada, and its affiliated operations have selected Triad's industry-standard databases of automotive aftermarket parts and labor rates." (March 30, 1995)
  • Same source, "Triad's Electronic Catalog database includes parts numbers for vehicles and light trucks sold in the Canadian market, dating back to the 1980 model year."
  • Same source, "Triad's labor database, introduced in the U.S. in late 1991, enables subscribers to quickly and accurately estimate the time required to complete a given repair or maintenance procedure."