Stabilize the chassis and help development Bangbang Auto Service attended the 7th Automotive West Lake Summit
2024-08-20
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From August 15th to 17th, the "7th Automotive Aftermarket West Lake Summit" with the theme of "Advancement and Growth" was grandly held in Hangzhou. As the representative of the "Parts Supply Chain Excellence Award" of this summit, Bangbang Auto Service was invited to attend and discuss the trends and development of the automotive aftermarket industry with nearly a thousand outstanding guests from the entire automotive aftermarket industry chain.
At the 2024 Tire and Chassis Channel Growth SummitZhao Wenquan, head of chassis parts business at Bangbang Auto Service Supply Chain Center, said,The quality supply chain system enables chassis integrators to achieve high-quality development”Title, shared the results of the construction of Bangbang Auto Service's quality supply chain system with the guests, and conducted in-depth exchanges with the guests on site focusing on the layout of the chassis parts project.
According to data, since 2019, most private cars in China have reached an aging era, and the average age of traditional fuel vehicles in China is close to 8 years. As the age of vehicles increases, the automotive aftermarket may usher in an explosive demand for chassis parts replacement and repair. By the end of 2023, the scale of China's automotive chassis market will exceed 250 billion yuan. As far as the Chinese market is concerned, in recent years, the aftermarket scale of five types of products, including drive shafts, wheel hub units, constant velocity joints, suspensions and shock absorbers, has maintained a rapid growth momentum, with a compound growth rate of more than 10% from 2019 to 2023.
To enable high-quality development of auto parts suppliers, Bangbang Auto Service has been continuously deepening the construction of a full-process quality supply chain in the auto parts field, providing strong support for partners in six aspects: commodity data and product pricing, supply organization guarantee, aggregated procurement, digital links, supply chain finance, and expert systems.Bangbang Auto Service centralized procurement business has fully covered passenger car accident parts, commercial vehicle accident parts, maintenance and chassis business, and has cooperated with upstream manufacturers200 companies, established more than 800 downstream channel dealers, and continuously exported service value to insurance companies, repair shops and suppliers.
Especially since the official launch of chassis parts business in early 2023,Bangbang Youpin chassis parts have covered 45 models, including ball heads, tie rods, swing arms, some half shafts and rubber pads, etc.A total of 6,911 SKUs are available for sale, with a coverage rate of over 85%.At the same time, Bangbang Auto Service has also carried out in-depth cooperation with Yuqi Baihui, a subsidiary of Zhejiang Yuqi Group, to jointly establish industry standards for chassis system products, and to build a national supply chain service system for chassis systems around its 8 full range product lines (ball heads, swing arms, ball cages, half shafts, shock absorbers, rubber pads, braking systems, bearings, water pumps) with more than 15,000 SKUs, providing the market with reliable quality and cost-effective products.
Gather momentum and win the future together. Bangbang Auto Service will keep pace with the development of the automotive industry, continue to build a full-process quality supply chain system, accelerate the development of new quality productivity, help the industry improve efficiency, reduce costs, and enhance user experience, and work with excellent partners to jointly contribute to the high-quality development of the industry. (Xianning News Network)
