June 28, 2010
S.P. Richards Company, a wholly owned subsidiary of the Genuine Parts Company (GPC:NYSE) and leading wholesale distributor of business and office supplies, announced today...
MyAnalystPro™ Program Launch
S.P. Richards Company has announced the launch of MyAnalystPro™, version 2.0 of the patent-pending MyAnalyst program. MyAnalystPro™ consists of three powerful modules BidPro™, MyReports™ and MarketLink™ to provide independent dealers the most fully-featured sales and margin management tool available.
BidPro™ dramatically reduces the time and guesswork required in preparing bids. Comprehensive stock number cross references and real world pricing data enable dealers to work faster and smarter, providing product options and pricing guidance. MyReports™ highlights opportunities to enhance sales and profitability by identifying specific products and accounts being sold at below or above market pricing and ranks opportunities to improve margins through product substitute recommendations. MarketLink™ delivers a wealth of market pricing intelligence including chain store and contract sales pricing, independent dealer aggregated pricing, as well as GSA and DOD emall data to help dealers determine where they need to be priced to be competitive while maximizing profitability.
Wilbur Reid, S.P. Richards Company Director of Strategic Pricing commented on the program launch, “MyAnalystPro™ delivers a world class solution for dealers looking for market intelligence, bid assistance and actionable data served up on an incredibly user-friendly platform. This tool is a game changer and there is nothing else comparable out there.”
S.P. Richards Company, a wholly-owned subsidiary of the Genuine Parts Company (GPC: NYSE), distributes a wide spectrum of business products to office products resellers throughout the U.S. and Canada. These products include consumable office supplies, office furniture, computer supplies, consumer electronics, cleaning and breakroom supplies from all of the major industry manufacturers. S.P. Richards Company markets several private label lines under the brand names of Lorell, Integra, Sparco, Genuine Joe, Nature Saver, Compucessory, Elite Image and Business Source. The company operates 44 Distribution Centers in the United States and Canada.
Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The Company also distributes industrial replacement parts in the U.S. and Canada through its Motion Industries subsidiary. S. P. Richards Company, the Office Products Group, distributes business products nationwide in the U.S. and in Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S., Canada and Mexico. Genuine Parts Company had 2009 revenues of $10.1 billion.
