The formation and developing process of American auto aftermarket is introduced and the main characteristics of American aftermarket since 1990s are analyzed.
With the development of auto market, the auto aftermarket is formed and developed. It consist of auto components and fittings market, auto assistant-tool sub-market, auto lubricant sub-market, auto special liquid sub-market, auto beauty production sub-market and auto maintenance and repair service sub-market.
With the development of auto industry, at the same time, logistic studying is going deep, design auto spare-parts logistic system serving auto after market is more and more urgent, some idiographic problem of auto spare-part logistic management are studied, including demand rule analyzing, demand forecast, auto spare-part management, inventory control, etc.
The formation and developing process of American auto aftermarket is introduced and the main characteristics of American aftermarket since 1990s are analyzed.
With the development of auto market, the auto aftermarket is formed and developed. It consist of auto components and fittings market, auto assistant-tool sub-market, auto lubricant sub-market, auto special liquid sub-market, auto beauty production sub-market and auto maintenance and repair service sub-market.
With the development of auto industry, at the same time, logistic studying is going deep, design auto spare-parts logistic system serving auto after market is more and more urgent, some idiographic problem of auto spare-part logistic management are studied, including demand rule analyzing, demand forecast, auto spare-part management, inventory control, etc.
The results suggest that equity stake owned by management, particularly by top officers, of an IPO firm should be encouraged in order to reduce agency cost, and thus enhance firm survivability in the aftermarket.