DIGITON CORPORATION and CUSTOM TECHNOLOGY SOLUTIONS (CTS) SIGN A NEW CLIENT –
AFTERMARKET DATA TRUST (ADT)
Holly Springs, NC, August 14, 2005 – Digiton Corporation and Custom Technology Solutions (CTS) were selected by the Aftermarket Data Trust (ADT) to conduct an industry-wide study to identify the needs of companies in the aftermarket supply chain, evaluate the feasibility/acceptability of an industry solution, develop a technical model of a solution and help guide the ADT in selecting potential vendors for building/managing the ultimate solution. The ADT includes staff and member representatives from the Automotive Aftermarket Industry Association (AAIA), the Automotive Aftermarket Suppliers Association (AASA) and the Specialty Equipment Market Association (SEMA).
“We are delighted to be selected by the ADT for this project,” said Dr. Mitch Javidi, Digiton chief executive officer. “The automotive aftermarket depends on a tremendous amount of product attribute and catalog application data to conduct business. Just as important as the ability to publish and read this data electronically is the requirement for fast, accurate exchange of data between trading partners. Data about a product or application that is out of date or months behind is a liability and usually results in lost sales.”
“We are extremely excited to be part of this collaborative initiative. It is indeed very commendable that three major associations within the industry have aligned to understand the requirements and feasibility of data normalization, accuracy of data, timely and secure access to product data, and its potential to facilitate effective and efficient commerce within the Automotive Aftermarket Industry. We look forward to be part of this very important assignment...,” said Nadeem Mazhar, CTS CEO.
Javidi noted that several studies and editorials have tried to assign an annual cost to slow, incomplete or inaccurate information in the aftermarket value chain. “It is sufficient to say the cost of the problem is measured in the billions of dollars,” he said. A possible benefit to aftermarket parts manufacturers is the elimination of multiple methods of preparing and disseminating data to customers. Currently, each supplier spends significant dollars on creating paper catalogs, CDs and publishing data online. Aftermarket resellers would benefit from having accurate and current data at the store counter level, which would enable counter people to direct customers to the right part for the right application and avoid losing sales to other local sources.
About CTS
Custom Technology Solutions is a Texas-based LLC providing innovative information technology and data warehousing solutions to the automotive aftermarket without requiring customer investment in information technology infrastructure. Visit CTS on the Web at www.ctssys.com or additional information.
About Digiton Corporation
Digiton Corporation is a consulting and technology company. Digiton is a privately held firm established in 1998. A partial list of clients includes: Abbott, Accenture, Aventis Pharmaceuticals, American Society of Health-System Pharmacists, AT&T, MEMA, Cardinal Health, GlaxoSmithKline, Janssen Ortho-McNeil, Valeant Pharmaceuticals, Greer Laboratories, Respirics, and TEAMM Pharmaceuticals. Visit Digiton on the Web at www.digiton.com for additional information.
Connect with Digiton - one of the world's most innovative Consulting and Technology companies at www.digiton.com
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