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GM Rolls Out Procurement Site for Dealerships, Reynolds Key Partner

Friday, June 21, 2002

Press release from the issuing company

GM Dealer Supply Advantage to drive cost savings for GM dealerships DETROIT, June 20 -- General Motors announced the creation of GM Dealer Supply Advantage, an advanced procurement Web site designed to drive cost savings for GM dealers. Supported by Covisint, LLC and The Reynolds and Reynolds Company, this web- based procurement site will enable GM dealers to leverage the substantial purchasing power of General Motors. "Dealerships spend a substantial amount per year on maintenance, repair and operating supplies, forms and other supplies. The idea behind GM Dealer Supply Advantage is to reduce these costs by providing a wide selection of products and services to GM dealers all in one efficient marketplace," said Bill Lovejoy, GM group vice president, Vehicle Sales, Service and Marketing. "This Web site will provide GM dealers with prices that are based on aggregated GM purchasing volumes and enable our dealers to become more competitive -- in a very competitive market." Dealers who subscribe to this service will access GM Dealer Supply Advantage by an external link through GM DealerWorld, an Internet portal used by all GM dealerships. Once in GM Dealer Supply Advantage, dealers can access the "MarketPlace" hosted by Covisint to purchase office supplies and other commodities and products from a variety of suppliers. "The synergy created by bringing suppliers together in one marketplace will enable GM dealers to lower costs and increase the efficiency of their supply planning -- ultimately saving time and money," said Kevin English, CEO of Covisint. Dealers can also visit Reynolds and Reynolds' ReySource, Reynolds' online ordering solution, directly from GM Dealer Supply Advantage for all their dealership form needs. "What GM Dealer Supply Advantage offers GM dealers is an array of value points, including convenient one-stop shopping, lower prices and a streamlined process. It's an application that grows with the dealership, giving retailers access to their supply procurement information like never before," said Buzz Waterhouse, CEO, chairman and president of Reynolds and Reynolds. "In the end, we believe that GM Dealer Supply Advantage will enable our dealers to offer consumers more value at the point of transaction, resulting in better customer satisfaction and higher overall sales," said Lovejoy. GM Dealer Supply Advantage will be available for use by dealers beginning in late June. Dealers can subscribe by contacting their Reynolds and Reynolds representative.

 

 

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