Schaeffler India Appoints Sharad Bhatia as Head of Vehicle Lifetime Solutions Division!
Schaeffler India has named Sharad Bhatia as the Head of its Vehicle Lifetime Solutions (VLS) business division, effective December 2, 2024. In…
Epicor, a global leader in industry-specific enterprise software, has announced the acquisition of Solenium Group Inc. and its sister company Visual SKUs Inc. Both companies are long-standing Epicor partners and are well-known for their expertise in providing Product Information Management (PIM) and Digital Asset Management (DAM) solutions for the Automotive Aftermarket.
This acquisition enhances Epicor’s position as a leading provider of catalog and eCommerce solutions in the Automotive Aftermarket, solidifying its role as the most comprehensive source of industry-standard catalog content in North America. The deal will allow Epicor to offer an integrated PIM and DAM suite specifically designed for the Automotive Aftermarket, enabling businesses to manage product content more efficiently and accelerate time-to-market.
Epicor CEO, Steve Murphy, expressed that the acquisition strengthens the company’s ability to help manufacturers, distributors, dealers, and retailers expand their revenue opportunities. By providing the right parts to the right place at the right time, Epicor continues to empower its customers to succeed in the dynamic global market.
The growing demand for replacement parts and accessories, combined with increasing product variations, has made it more challenging for businesses in the Automotive Aftermarket to manage product content effectively. Epicor’s enhanced catalog solution, leveraging data from parts suppliers in ACES and PIES formats, will streamline the integration of vehicle application and product data, thus enabling faster product distribution.
With this acquisition, Epicor is set to further its mission of driving revenue growth, improving operational efficiency, and fostering collaboration across the Automotive Aftermarket ecosystem. Additionally, Epicor’s solutions will help parts suppliers and retailers manage their digital assets, reduce return costs, and increase overall sales revenue.
Claudio Di Sano, CEO of Solenium and Visual SKUs, emphasized that by joining Epicor, the companies would leverage their combined resources and technologies to continue driving innovation in the industry.
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