Speaker: Josef Besting
Title: CEO, TecCom GmbH
TecCom GmbH is working to bring together Europe's highly fragmented aftermarket trade on the web, CEO Josef Besting said.
TecCom is an international e-portal that connects component suppliers with wholesalers, retail shops and garages.
'This part of the industry accounts for 1,500 suppliers and 2,000 wholesalers,' said Besting, 'but it deals with 30,000 retail shops and 200,000 garages in Europe.
'They can now be connected via one business-to-business portal - and the only thing they need is a personal computer with a modem.'
TecCom started operations a year ago with the aim of reducing stock and simplifying processes in Europe's aftermarket supply chain.
'TecCom does not need any knowledge of, or investment in, EDI [electronic data exchange],' said Besting. 'That would have been too costly. Therefore we connect old and new economies as a hybrid. You may call TecCom a brother to the SupplyOn e-marketplace [formed by Robert Bosch with Continental, ZF and bearings specialist INA].'
TecCom saw the number of buyers using its service grow from 113 in July to 204 in October. In July, eight suppliers had joined; now there are 12. TecCom's business is based on user fees.
Besting said: 'We are still beginning but in 2001 TecCom expects to realize a turnover of between E4 and E5 million. We will start to make money in 2003.'