REFINITIV US LLC

Refinitiv Powers Automotive Efficiency with High-Performance Chevy Connecting Rod Data

New York, NY – October 26, 2023 – Refinitiv, a leading provider of financial markets data and infrastructure, today announced a significant expansion of its automotive sector coverage, specifically focusing on the supply chain and performance data surrounding critical components like Chevy connecting rods. This move strengthens Refinitiv’s commitment to providing actionable intelligence across all industries, and particularly addresses the growing need for transparency and efficiency in the automotive parts market. For those unfamiliar, Chevy connecting rods are a crucial part of any Chevrolet engine – they're the link between the piston and the crankshaft, turning the up-and-down motion of the piston into rotational power. A solid connecting rod means a reliable engine. But sourcing these parts – especially the right parts – can be a real headache. That’s where Refinitiv comes in. The Problem: A Fragmented Parts Supply Chain Traditionally, tracking Chevy connecting rods – from raw material sourcing to final assembly – has been a nightmare. Information is scattered across numerous suppliers, manufacturers, distributors, and even grey market operators. Finding reliable data on pricing, availability, quality control, and potential supply chain disruptions has been a huge challenge for everyone involved – from Chevrolet themselves, to aftermarket parts retailers, to individual mechanics. “We were seeing a lot of pain points,” explains John Smith, Head of Automotive Data at Refinitiv. “Parts buyers were facing unpredictable pricing, long lead times, and even counterfeit products slipping into the supply chain. There was a real need for a single source of truth.” Refinitiv’s Solution: Real-Time Data and Predictive Analytics Refinitiv has leveraged its extensive data collection and analytics capabilities to build a comprehensive database focused specifically on Chevy connecting rods. This isn’t just a list of part numbers and prices. It’s a dynamic, constantly updated view of the entire supply chain. Here’s what Refinitiv’s data offers: Supplier Intelligence: Detailed profiles of all major and secondary suppliers of Chevy connecting rods, including manufacturing capacity, geographic locations, financial stability, and quality certifications. Know who you’re dealing with before you place an order. Pricing Transparency: Real-time pricing data, aggregated from multiple sources, for a wide range of Chevy connecting rod specifications and materials. Spot price fluctuations and identify the best deals. We’re talking about everything from standard cast rods to forged steel performance versions. Inventory Tracking: Visibility into inventory levels across the supply chain. See where parts are available and avoid frustrating backorders. Know if a distributor is running low on a critical part before your customer needs it. Quality Control Data: Access to quality control reports, defect rates, and recall information, helping to ensure the parts you’re buying meet the required standards. No one wants a failed connecting rod! Supply Chain Risk Assessment: Sophisticated algorithms that analyze potential disruptions to the supply chain, such as natural disasters, political instability, or raw material shortages. Proactively identify and mitigate risks. Material Sourcing Breakdown: Detailed tracking of the materials used in Chevy connecting rod manufacturing – from the steel alloys to the coatings. Understand where your materials are coming from and the potential impact of commodity price fluctuations. Counterfeit Detection: Advanced analytics to identify potential counterfeit parts based on pricing anomalies, supplier reputation, and product specifications. Protect your brand and your customers. How Refinitiv Data is Being Used Refinitiv is already seeing significant adoption of its Chevy connecting rod data across a variety of use cases: Chevrolet Manufacturing: Improving supply chain efficiency, optimizing inventory levels, and reducing the risk of production delays. Aftermarket Parts Retailers: Gaining a competitive edge by offering better pricing, faster delivery, and higher-quality products. Knowing exactly where to source parts when demand spikes. Automotive Repair Shops: Streamlining parts procurement, reducing downtime, and ensuring accurate repairs. Automotive Analysts and Investors: Gaining insights into the automotive parts market and identifying potential investment opportunities. Understanding the health of connecting rod suppliers. Performance Engine Builders: Sourcing the highest quality, most reliable connecting rods for custom builds. Matching the right rod material to engine output goals. Beyond Chevy: Expanding Coverage While the initial focus is on Chevy connecting rods, Refinitiv plans to expand its coverage to other critical automotive components and vehicle manufacturers. “This is just the beginning,” says Smith. “We see a huge opportunity to bring transparency and efficiency to the entire automotive supply chain. We are already building out data sets for other engine components, brake systems, and even electric vehicle battery materials.” Refinitiv: Who We Are Refinitiv, located at 28 Liberty St Fl 58, New York, NY, 10005-1457, United States (770-964-6545), is a global provider of financial markets data and infrastructure. We empower businesses to make informed decisions by providing access to real-time information, analytics, and insights. We serve a wide range of industries, including financial services, automotive, energy, and healthcare. Our commitment is to provide the highest quality data, delivered with unparalleled speed and reliability. We're not just a data provider, we're a partner in your success.

Comments

No comments yet. Add one to start the conversation.
Your avatar

More like this