IAR Recyclers Newspress July / August 2015

Recyclers News Press

Page 17

Hollander Introduces CoreConnect

Core Buying Program

New solution provides recyclers insight into the value and demand of their core inventory

FOR IMMEDIATE RELEASE

MINNEAPOLIS – June 11, 2015 - Hollander, LLC., a

business unit of Solera Holdings, Inc. (NYSE: SLH)

and the leading provider of software and data solu-

tions for the automotive recycling industry, announced

the release of CoreConnect today. Developed in part-

nership with Rebuilders Automotive Supply (RAS),

CoreConnect identifies the price and demand of core

parts for an automotive recycler and simplifies the

process of selling those parts.

CoreConnect enables recyclers to easily determine

the value of cores they have in inventory or on sal-

vaged vehicles they are considering purchasing, by

identifying the demand for those parts. RAS identifies

the demand for cores from manufacturers and rebuild-

ers within a recycler’s inventory in EDEN

, Hol-

lander’s parts locating network. Additionally, yards

using Hollander’s Powerlink

yard management sys-

tem can seamlessly integrate with CoreConnect auto-

mating the associated inventory management and

sales process.

“A common ask from our customers is to help them

identify more demand for their parts. CoreConnect

provides them with that key knowledge for their busi-

ness. In one instance, the solution identified over

$76,000 of immediate revenue for a recycler,“ said

Chad Meyer, Hollander's Senior Director of Product

Management. “CoreConnect provides them with in-

ventory valuation, key decision support information

within the applications workflow, and streamlines the

process of selling and shipping the parts to RAS.”

The web based application optimizes the cores valua-

tion process by giving recyclers various ways to iden-

tify the parts’ value. Users can search by vehicle by

entering or scanning the vehicle’s vehicle identifica-

tion number (VIN), run a query against their entire in-

ventory, and subscribe to alerts for limited time offers

for high value parts. Once a core is placed into the

program the price is guaranteed for a period of time,

while the recycler retains the ability to remove and sell

the core elsewhere. Integration with Powerlink en-

sures the parts are removed from inventory and del-

isted from EDEN, eBay,

HollanderParts.com

and Hol-

lander Storefront. CoreConnect also manages the

process of notifying RAS to pick up a core bin when

full and electronically invoices them.

“Our vision was to use technology to seamlessly con-

nect the high demand for cores from numerous

sources with supply; CoreConnect is the reality of that

vision”, said Jack Bowser, CEO of Rebuilders Auto-

motive Supply. “RAS along with Hollander is excited

to bring this solution to market and help all core mar-

ket stakeholders.”

About Rebuilders Automotive Supply

With over 40 years in the automotive recycling indus-

try, RAS is a quality and service conscious company,

with operations in Coventry, Rhode Island and Tam-

pa, Florida. In an age where sustainability counts,

Rebuilders Automotive Supply proudly boasts being

'Green' since 1972. RAS is a front runner in the in-

dustry with its patented core sourcing technology,

online valuation and inventory tools designed specifi-

cally for recyclers - CorePro, RASBid, CorePro Mo-

bile, CATPro and Metal Recycling. These RAS tools

streamline all aspects of the automotive core evalua-

tion and inventory process while maximizing core rev-

enue. With over 40 product lines, 180,000 part num-

bers in inventory and over 3 million cores processed

annually, RAS is the number one full-line core suppli-

er to the largest remanufacturers and auto recyclers

in the world.

www.coresupply.com.

About Hollander, LLC

For more than 80 years Hollander has delivered trust-

ed business solutions and helped drive parts demand

to the automotive recycling industry. Hollander is a

business unit of Solera Holdings, Inc. (NYSE: SLH), a

leading global provider of risk and asset management

software and services to the automotive and property

marketplace, including the P&C insurance industry.