Company Research Report: OEC (OEConnection)
Company Overview
Name
OEC (OEConnection)
Mission of the Company
OEC connects those involved in the vehicle parts and repair ecosystem to streamline and simplify their jobs by providing access to essential networks and data for managing various automotive business aspects like selling, sourcing, leasing, managing, billing, and claims.
Founded
OEC was founded in 2000.
Founders
The company was formed by a collaboration of four major auto players - General Motors (GM), Ford, Chrysler, and Bell & Howell (now Snap-on Business Solutions).
Key People
No information is available.
Headquarters
No information is available.
Number of Employees
No information is available.
Revenue
- Facilitated over $14 Billion in North American e-commerce.
- Facilitated over $30 Billion in global trade.
Recognition
- OEC has received multiple prestigious industry awards, including but not limited to:
- Employer-of-Choice, Growth & Worksite Recognition.
- BenchmarkPortal Customer Service Award.
- Top Workplaces Award.
- Automotive Global Award.
What is the Company Known For?
OEC is known for its role in facilitating transactions and connections across the vehicle parts and repair ecosystem. The company specializes in innovative e-commerce solutions for the automotive industry, thereby transforming selling, sourcing, and managing functions.
Products
CollisionLink
Launched in 2001, it was the first e-commerce tool to enable shops to buy OE parts from dealership suppliers. It plays a substantial role in enhancing the parts procurement process.
D2DLink
Another key product, launched shortly after CollisionLink, allowing dealers nationwide connectivity, elevating their dealership base from 500 to 10,000.
OEC eMarketing
A targeted marketing solution for repair shops that enables the creation of turnkey, professionally crafted campaigns to enhance shop retention based on existing buying behaviors.
Key Features
- Connectivity across aftermarket suppliers, dealerships, collision shops, and manufacturers.
- Facilitates trade and transactional efficiency through network and data integration.
- Provides insights and BI, supply chain management, and marketplace solutions.
Recent Developments
New Products Launched
No information is available.
New Features Added to Existing Products
No information is available.
New Partnerships
- OEC has established over 45 relationships with the world’s largest manufacturers.
- Maintains over 100 aftermarket supplier relationships.
- Serves a broad customer base, including 30,000 dealership customers and 135,000 repair customers globally.
Events and Webinars
OEC actively participates in industry-wide events and hosts webinars to provide continuous learning and networking opportunities. Upcoming events include:
- 2025 NADA Show – January 23-26, 2025, in New Orleans, Louisiana.
- Overdrive in ‘25 – February 22, 2025, Naperville, Illinois.
- NORTHEAST 2025 – March 14-16, 2025, Secaucus, New Jersey.
Conclusion
OEC stands out in the automotive aftermarket by enhancing connectivity and efficiency within the vehicle parts and repair ecosystem. With a comprehensive set of solutions and strategic industry partnerships, OEC plays a pivotal role in driving the automotive sector towards a more integrated and operationally smooth future.