Refinitiv Powers Automotive Insights 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 parts data coverage, specifically focusing on Chevy connecting rods. This enhancement provides vital supply chain visibility and risk management tools to manufacturers, distributors, and aftermarket parts suppliers. Refinitiv, located at 28 Liberty St Fl 58, New York, NY, 10005-1457, United States (770-964-6545), has long been a trusted partner to global industries. We gather and analyze data from a huge number of sources – everything from factory orders to shipping manifests, economic indicators to breaking news – and turn it into information that businesses can actually use. Now, we’re bringing that power to the automotive aftermarket, starting with a deep dive into Chevy connecting rods. Why Chevy Connecting Rods? A Key Component Under Pressure You might be thinking, “Connecting rods? Really?” But trust us, these little guys are big news. They're a critical engine component, responsible for connecting the pistons to the crankshaft. A failure means a seriously broken engine, and with current supply chain issues, getting replacement parts – especially for older or specific Chevy models – is becoming a major headache. “We saw a real gap in the market for reliable, detailed information on these parts,” explains Sarah Chen, Head of Automotive Data at Refinitiv. “Manufacturers need to know where parts are being made, who's making them, how much they cost, and what the lead times are. Distributors need to manage inventory effectively. And aftermarket suppliers need to anticipate demand and avoid stockouts. We're providing the data to make all of that happen.” Refinitiv's Data: Beyond Just Part Numbers Refinitiv isn’t just throwing up a list of part numbers. Our data goes way deeper. Here’s what we’re offering: Detailed Part Specifications: We’ve got the specifics: material composition, dimensions, weight, finish – everything you need to ensure compatibility and quality. We cover a huge range of Chevy engine families – everything from classic small blocks to modern LS series and even diesel engines. Global Supplier Tracking: We identify and monitor the manufacturers of Chevy connecting rods worldwide. This includes both original equipment manufacturers (OEMs) and aftermarket suppliers. We track their production capacity, financial health, and potential risks. Real-Time Pricing Data: Forget outdated price lists. Our data is updated constantly, providing you with a clear picture of current market prices for Chevy connecting rods. We track pricing across different regions and quantities, so you can make informed purchasing decisions. Supply Chain Visibility: We map the entire supply chain, from raw material sourcing to final delivery. This allows you to identify potential bottlenecks and disruptions, and proactively mitigate risks. We're talking about things like factory closures, port congestion, and transportation delays. Lead Time Analysis: Knowing when you'll receive parts is just as important as knowing how much they cost. We provide accurate lead time estimates based on historical data and real-time monitoring of the supply chain. Demand Forecasting: We analyze sales data, repair trends, and other factors to predict future demand for Chevy connecting rods. This helps you optimize inventory levels and avoid stockouts. Risk Scoring: We assign risk scores to suppliers based on factors like financial stability, geographic location, and political risk. This helps you identify potential vulnerabilities and prioritize your sourcing decisions. Material Traceability: Increasingly important, we're tracking the origin of materials used in manufacturing, allowing for greater accountability and quality control. This is particularly crucial given concerns about counterfeit parts. How Refinitiv is Helping Businesses Today Several companies are already leveraging Refinitiv’s data to improve their operations: Automotive Repair Shops: Are constantly hunting for parts for older vehicles. Refinitiv’s data helps them quickly locate suppliers and compare prices, reducing downtime and improving customer satisfaction. "We used to spend hours calling around trying to find the right connecting rod for a classic Chevy truck," says Mike Johnson, owner of Johnson’s Auto Repair. "Now, with Refinitiv, it takes minutes." Aftermarket Parts Distributors: Are struggling to manage inventory levels in a volatile market. Refinitiv’s demand forecasting helps them anticipate demand and optimize their stock. "We’ve seen a significant reduction in stockouts since implementing Refinitiv’s data," says Lisa Martinez, Inventory Manager at Auto Parts Unlimited. "It’s helped us improve our fill rates and increase customer loyalty." Engine Rebuilders: Need reliable, high-quality connecting rods to ensure the longevity of their rebuilds. Refinitiv’s supplier tracking and risk scoring helps them identify trusted suppliers. “We need to know we’re getting a quality product,” says David Lee, owner of Lee’s Engine Shop. "Refinitiv provides the transparency we need to make informed decisions." Manufacturers: Sourcing components for new builds or replacement parts can be a logistical nightmare. Refinitiv offers a unified platform to monitor suppliers, pricing, and lead times, streamlining the sourcing process and reducing costs. Beyond Chevy: The Future of Automotive Data at Refinitiv “This is just the beginning,” says Chen. “We’re already expanding our coverage to other critical automotive parts – pistons, crankshafts, camshafts, you name it. Our goal is to become the leading provider of automotive supply chain intelligence.” Refinitiv’s automotive data is available through a variety of channels, including our Refinitiv Workspace platform, API integrations, and custom data feeds. To learn more, visit our website or contact us directly at 770-964-6545. About Refinitiv: Refinitiv is a leading global provider of financial markets data and infrastructure. We empower businesses to make informed decisions by providing access to reliable, accurate, and timely information. With a long history of innovation, Refinitiv is committed to delivering solutions that help our clients succeed in today’s dynamic world.