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Genuine Parts Company Message Board

  • gpc_is_the_place_to_be gpc_is_the_place_to_be Nov 14, 2001 8:08 AM Flag

    GPC IS TOP PICK FROM 7 NEWSLETTERS

     

    Guru Picks
    Seven Top Stocks From The Top Investment Letters

    11.12.01, 6:30 PM ET

    NEW YORK - We asked investment letter guru Mark Hulbert to tell us which stocks were the favorites among the hottest investment letters. The seven stocks below all showed up at least three times in the top performing investment letters tracked by Hulbert Financial Digest over the past 12 months.

    http://www.forbes.com/newsletter/2001/11/12/1112inlguru.html

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    • vetfrc:
      Ever hear of NAPA's 5 Star Excellence Program?

    • galat:


      Yes

    • vetfrc,

      RE: Headquarter's comment. I wouldn't know about what goes on at GPC HQ's...don't work there.

      Have you sold all your GPC stock yet?

      I had a great day, how about you?

    • Can anyone describe the distribution system and communications for me? For example does HQ still direct dial to every store's computer every night for sales figures?

    • galat: I don't think Tom is running,but if he was could certainly use some help. Especially with his recent comments concerning the war.

      How are things at GPC HQ?

      Have a great day.

    • Tom Daschle is looking for a campaign manager for his presidential run. Are you available vetfrc?

    • juice: That is the problem, the communication is one way. From HQ down, forget what the DC people or Jobber says, HQ thinks they have all the answers. The NAPA system is being taken to the cleaners by the competition because the people at HQ can't see past the next quarterly report.

    • By Internet site I assume you mean Napa On-Line. My understanding is most of the revenues are from the sale of NASCAR trinkets helping make NOL an appropriate TLA.

      Could someone describe the distribution system from HQ to jobber for me? I am particularly interested in how the various layers communicate with each other.

    • Speechless, sorry I took so long. Gotta eat ya know!
      Your observation is very good I think. The NAPA distribution chain is too long and inefficient in my opinion. NAPA has always focused toward the warehouse models and are very poor at retail management in my opinion. Some of the company owned stores are better and a limited amount of jobbers as well.
      Speaking of retail, I was recently told by one of the inside people on how badly the internet site was doing and how much $$$ was going in to support it. They divide the profits up with the locals under some algorithm apparently. Plus, in my opinion, they do not have some of the parts that one would want to purchase online like light-truck accessories and such.
      Bad news I am afraid. I confirmed that JI is going to put their sales guys in their houses or wherever to try to circumvent the AC/Delco territorial issues. I cannot believe that a quality company brandname such as GPC will allow this. I guess it shows the real character of JI. If anyone inside can defend this please educate me! I am all eyes!

    • Automann, you are right on about inventory and distribution. I don't see any changes coming, just more consolidation of operations.

      AZ has the ability to react quicker and think outside the box indeed. But why can't NAPA do the same? Many things NAPA does are geared towards wholesale customers, AZ is retail; but the wholesale is struggling and retail is cash flow. I see that as why AZ is growing today. What do you think?

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