Genuine Parts Company service organi zation en Genuine Parts Company (GPO) founded in "is a products distribution of automotive replacement parts, industrial replacement parts, office a loss of and electrical/electronic annual sales in 1928 of s75,129 with of s565 and a net profit after taxes s2.570, GPC has grown to annual sales of $12.5 the loss expe million in 2011. portantly, h the exception of something r, GPC has Im without a loss, operated for 82 years 928, its founding rienced in few other businesses have achieved. the NAPA banner is the largest segment of The automotive parts group, operating Automotive Parts Association and business for GPC. NAPA is the brand for the National 5). NAPA was formed in 1925 to facilitate aler-sponsored voluntary group (see Chapter in the United States. GPC is the largest the nationwide distribution of automotive parts serves approxi NAPA member, owning approximately 95 percent of NAPA. GPC mately 5.700 NAPA AUTO stores throughout the United States and approximately 690 wholesale n the United States, 950 of the stores are company-owned and the remainder independently operated. NAPA AUTO PARTs stores have over 435.000 parts available through GPC Also GPC in conjunction with NAPA offers the store owner. operators a variety of services such as training. cataloging. marketing, and inventory management. On January 1, 2012, GPC purchased 30 percent of the Exego Group (Exego) for approxi tely $150 million Exego distributes after-market automo parts and accessories. The corporate headquarters for Exego is Melbourne, Australia, and operates over 430 company-owned stores across Australia and New Zealand. GPC has an option to purch ase an additional 70 percent of Exego over the next several years. Regardless of whether GPC is operating in the United States, Canada, Australia, or New zealand, they face a competitive market for automotive replacement parts. Competitors include the original equipment manufacturers, rebuild manufacturers and r independent repair facilities, warehouse clubs, and specialty auto mass merchant such as Autozone and Advantage Auto Parts, and predictably there are many online providers of automotive parts. Automobiles are becoming more sophisticated in terms of technology and especially electronics. Conseq fewer people uently, are part repairing their own cars. In addition, most people there is of dual-income families, and do not have time to do auto repair for themselves. Thus Brake solid growth in automotive repair service. In fact, NAPA Auto Care Centers are quit Max Auto Care as are Auto re Centers and repair centers, but due centers. of course, there are also many mom-and-pop auto care and to the increasing cost of di generally in decline as chain retailers enter this business equipment and facilities, these are Although the financial performance of the automotive segment of GPC is relatively healthy (see the accompanying exhibit), there is that to be competitive in the future, it is necessary to its stores more contemporary. Although GPC cannot mandate to make for independent operators how to design and operate their stores, they can certainly them And with nearly 1,000 NAPA stores, it can set the standard but others. As a recent college graduate and new emplo at GPc, you have been asked for 2020 gn a store of the future. explicitly one not for next year Genuine Parts Company service organi zation en Genuine Parts Company (GPO) founded in "is a products distribution of automotive replacement parts, industrial replacement parts, office a loss of and electrical/electronic annual sales in 1928 of s75,129 with of s565 and a net profit after taxes s2.570, GPC has grown to annual sales of $12.5 the loss expe million in 2011. portantly, h the exception of something r, GPC has Im without a loss, operated for 82 years 928, its founding rienced in few other businesses have achieved. the NAPA banner is the largest segment of The automotive parts group, operating Automotive Parts Association and business for GPC. NAPA is the brand for the National 5). NAPA was formed in 1925 to facilitate aler-sponsored voluntary group (see Chapter in the United States. GPC is the largest the nationwide distribution of automotive parts serves approxi NAPA member, owning approximately 95 percent of NAPA. GPC mately 5.700 NAPA AUTO stores throughout the United States and approximately 690 wholesale n the United States, 950 of the stores are company-owned and the remainder independently operated. NAPA AUTO PARTs stores have over 435.000 parts available through GPC Also GPC in conjunction with NAPA offers the store owner. operators a variety of services such as training. cataloging. marketing, and inventory management. On January 1, 2012, GPC purchased 30 percent of the Exego Group (Exego) for approxi tely $150 million Exego distributes after-market automo parts and accessories. The corporate headquarters for Exego is Melbourne, Australia, and operates over 430 company-owned stores across Australia and New Zealand. GPC has an option to purch ase an additional 70 percent of Exego over the next several years. Regardless of whether GPC is operating in the United States, Canada, Australia, or New zealand, they face a competitive market for automotive replacement parts. Competitors include the original equipment manufacturers, rebuild manufacturers and r independent repair facilities, warehouse clubs, and specialty auto mass merchant such as Autozone and Advantage Auto Parts, and predictably there are many online providers of automotive parts. Automobiles are becoming more sophisticated in terms of technology and especially electronics. Conseq fewer people uently, are part repairing their own cars. In addition, most people there is of dual-income families, and do not have time to do auto repair for themselves. Thus Brake solid growth in automotive repair service. In fact, NAPA Auto Care Centers are quit Max Auto Care as are Auto re Centers and repair centers, but due centers. of course, there are also many mom-and-pop auto care and to the increasing cost of di generally in decline as chain retailers enter this business equipment and facilities, these are Although the financial performance of the automotive segment of GPC is relatively healthy (see the accompanying exhibit), there is that to be competitive in the future, it is necessary to its stores more contemporary. Although GPC cannot mandate to make for independent operators how to design and operate their stores, they can certainly them And with nearly 1,000 NAPA stores, it can set the standard but others. As a recent college graduate and new emplo at GPc, you have been asked for 2020 gn a store of the future. explicitly one not for next year