Overview
Vintage Parts, Inc. (VPI) is a leading company specializing in the management and distribution of Original Equipment Manufacturer (OEM) parts, with a focus on obsolete and slow-moving service components. Established in 1972 and headquartered in Beaver Dam, Wisconsin, the company operates within the transportation, logistics, supply chain, and storage industry. Catering to over 70 major OEM brands like Caterpillar, Honda, Ford-Lincoln-Mercury, John Deere, and Harley-Davidson, Vintage Parts manages an extensive inventory exceeding 1 million products. Serving sectors such as automotive, aerospace, agriculture, and construction, the company employs a workforce of 11 to 50 employees. Known for its prowess in both domestic and international parts logistics, Vintage Parts has garnered a strong reputation, supported by over 200 5-star reviews.
Products and Services
Vintage Parts offers a wide array of rare and hard-to-find OEM parts, catering to niche markets that require precise and high-quality replacements. Their comprehensive inventory supports a variety of sectors by providing parts for trucks, motorcycles, and material handling equipment. The company’s offerings are designed to meet the demanding needs of the automotive, aerospace, agriculture, and construction industries.
Leadership
The leadership team at Vintage Parts is a cornerstone of its strategic framework. Darrell Armbruster and Rick Hiltunen serve as President & CEO, leading the company with a clear vision and strong executive presence. Jim Butterbrodt, the Chief Financial Officer, is responsible for financial strategies and ensuring fiscal growth and sustainability. Josh Bardwell, the Vice President of Business Development, is tasked with market expansion, strategic partnerships, and revenue enhancement.
Strategic Partnerships and Investments
In 2015, Vintage Parts secured significant investment from GenNx360 Capital Partners, a private equity firm centered on middle-market companies. This partnership emphasizes the company’s growth potential and strategic importance within the OEM parts sector.
Market Position
Acknowledged globally as a leader in managing slow-moving and inactive service parts inventory, Vintage Parts sets industry standards through its efficient supply chain network and ability to deliver premium quality OEM parts. By maintaining trust with dealers and distributors, the company reinforces its competitive edge.
Contact Information
For inquiries, Vintage Parts can be contacted via their primary line in North America at (877) 846-8243 or through email at info@vpartsinc.com. Their main office is located in Beaver Dam, Wisconsin.
Competitor Profiling
Key Competitors
1. TruckPro - A significant competitor offering a wide range of products and services in the truck parts sector.
2. Mayville Engineering - Known for its manufacturing capabilities across diverse sectors, including automotive parts.
3. Miller Fabrication Solutions - Provides extensive fabrication and assembly solutions targeting the heavy-duty industry.
4. AutoZone, CarParts.com, and Classic Industries - Engage primarily in the aftermarket parts sector.
5. S R Sales Company, Ics Repair, and Xmi Technology - Compete in parts distribution and repair services.
6. Ferrari of Central New Jersey, Braman Motorcars, Prestige Imports, D&B Car Sales - Focus on high-end automotive sales.
7. Genuine Parts Company - Competes through expansive parts catalogues and distribution networks.
Additional Competitors
- AUTOPARTSWAREHOUSE LIMITED and JEGS High Performance offer competition in aftermarket and high-performance parts.
- Addway Logistics Private Limited and AirFaas - Procurement Made Simple challenge Vintage Parts with their logistics solutions.
Strategic Insights
Understanding the competitive landscape is vital for Vintage Parts as it solidifies its market presence. Emphasizing logistics and supply chain advancements, VPI tailors indispensable solutions for major automotive OEMs in both domestic and international markets.
Opportunities and Threats
- Opportunities: By leveraging its status as a global leader in slow-moving parts inventory, VPI can broaden its market reach through diversified logistics and warehousing solutions to meet emerging market demands.
- Threats: The presence of formidable competitors like AutoZone and Genuine Parts Company necessitates that VPI distinguishes itself with specialized services and technologically advanced inventory solutions.
Building and maintaining strong customer relationships while pursuing innovative supply chain solutions are pivotal for Vintage Parts to bolster its market position and counter competitive pressures effectively.
