Engine parts company MAHLE Aftermarket Inc., Farmington Hills, Mich., recently received the Polk Inventory Efficiency Award from IHS Automotive during an awards ceremony at the Global Automotive Aftermarket Symposium, held in suburban Chicago.
The award, now in its 10th year, recognizes members of the automotive aftermarket for their efforts toward inventory efficiency and process improvement within their organizations, according to a press release. MAHLE representatives Ted Hughes (manager – marketing) and Chris Booth (supply chain coordinator -“ North America) were on hand to accept the award.
“For any company in the aftermarket, managing inventory and supply chain are especially vital investments to synchronize product supply and demand for efficient product flow,” said Jon Douglas, general manager, MAHLE Aftermarket North America. “It is a great honor to be recognized for this achievement, and for our team’s diligence over the years in implementing these programs.”
Honored with the award in the Manufacturer category, MAHLE Aftermarket Inc. was recognized for the implementation of a systematic approach to managing its product portfolio, using vehicles in operation (VIO) data to prioritize trends and new coverage areas, while customizing inventory based on parts demand and consumption, according to the release.
“It’s a pleasure to recognize the efforts of the team from MAHLE with this year’s award,” said Mark Seng, global aftermarket practice leader, IHS Automotive. “Commitment to and success in managing a multifaceted approach to achieving efficiency is one of the cornerstones of these awards.”
The approach also incorporated a new warehouse management system at its master distribution facility in Olive Branch, Miss. The new system includes voice recognition picking for parts and provides part number and barcode verification, ultimately reducing excessive paperwork, increasing order fill rates and decreasing turnaround time, the company noted.