Home Automotive ‘Sleeping big’ GSF Automotive Elements units out strategic imaginative and prescient

‘Sleeping big’ GSF Automotive Elements units out strategic imaginative and prescient

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‘Sleeping big’ GSF Automotive Elements units out strategic imaginative and prescient

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GSF Automotive Elements has unveiled formidable plans to speculate, develop and enhance the automotive aftermarket enterprise.

Greater than 300 managers from throughout the nationwide motor issue’s 180 branches and specialist help groups attended its two-day Supercharged for Success employees convention in Birmingham to which provider companions have been additionally invited.

On the occasion, the corporate’s introduced plans to open a substantive variety of new branches in early 2024, with the creation of a whole bunch of latest jobs, along with a market-leading catalogue and to revitalise its provide chain and programs to make sure GSF is as simple as attainable to do enterprise with.

The components provider operates 180 branches throughout the UK and Eire, supplying hundreds of impartial garages, nationwide chains and retail prospects with components, specialist coaching, instruments and tools. The community is supported by centralised specialist departments in key areas comparable to procurement and provide chain, advertising and marketing and nationwide accounts. The enterprise additionally advantages from built-in IT programs, which embody its industry-leading catalogue system, Allicat and entry to its nationwide storage programme Servicesure.

In 2023 non-public fairness agency Epiris co-invested in GSF alongside the Ahluwalia household which acquired the enterprise from LKQ Company. The co-investment marks Ahluwalia’s return to the automotive afterparts market. Having based Euro Automotive Elements in 1978, he scaled the enterprise from a single automotive equipment retailer in London into the most important automotive components distributor and retailer within the UK, with 260 branches nationwide and annual gross sales of over £1.2 billion.

GSF Automotive Elements CEO Steve Horne stated: “One of many high priorities for Sukhpal and I after we joined was getting all our managers and suppliers collectively as quickly as we may, as a result of we all know the ability of speaking the plans and imaginative and prescient we’ve obtained for the way forward for GSF.

“The suggestions we’ve had concerning the occasion from each our individuals and our suppliers has been phenomenal, unprecedented. There’s an actual ardour, sense of real satisfaction and vitality about GSF and the place we’re entering into 2024 and past, and that’s as a result of the success we’re going to drive will profit each a part of the aftermarket provide chain, from producers to garages and highway customers.

“By investing, increasing and enhancing our enterprise, we are going to rework GSF from a sleeping big into the associate, vendor and employer of selection in our {industry}.”

Govt chairman Sukhpal Singh Ahluwalia stated: “It’s so good to be again within the {industry} and serving to to steer GSF ahead. It is a implausible staff and we see big potential for the enterprise and its individuals, so we’re going to give them every thing they should succeed for our prospects. By working with our {industry}’s greatest suppliers, recruiting and retaining one of the best individuals and delivering each aspect of the fundamentals by means of distinctive service to prospects, we are going to supercharge GSF and take this enterprise to the following stage within the years to return.”

 

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