MEMPHIS, Tenn., July 29, 2009 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), the nation's leading auto parts retailer and a leading distributor of automotive replacement parts and accessories, announced today it has completed implementation of the managed services contract with the City of Fort Worth, TX.
The City underwent a thorough competitive request for proposal (RFP) process, along with vendor interview sessions, before adopting AutoZone's managed services proposal. AutoZone was selected, based upon the City's need for greater customer service in inventory management and overall cost efficiencies. The 2-year initial contract award provides for AutoZone to manage the parts inventory at five City of Fort Worth service locations. AutoZone maintains daily stockroom management and procurement of just in time inventory to support the service functions provided by the City of Fort Worth Equipment Services Department. The City benefits from all of the automotive parts cost savings through AutoZone's public sector sales program. The contract has the option of two 1-year extensions with mutual acceptance by both parties.
The City of Fort Worth will have access to the AutoZone Strategic Partners program, which shares best operating practices and product testing results with fleet operating groups from across the country. AutoZone has recently launched the "AutoZone: Great Brands, Great Products" initiative as part of the Strategic Partners program for public sector customers. The "Great Brands, Great Products" program helps public sector fleet groups realize the additional strategic sourcing savings that can be achieved through the consolidated use of AutoZone's everyday store stocked brands and products.
"The City of Fort Worth has already begun to realize savings through AutoZone's managed services program. In addition, the AutoZone approach to customer service is highly visible throughout the day-to-day operations, and it has been refreshing to see a company dedicated to going the extra mile," said Wayne Corum, Director of Equipment Services for the City of Fort Worth, Texas.
"On behalf of all the AutoZoners who are supporting our managed services contract with the City of Fort Worth, we look forward to working with the City in order to help lower their costs while providing an extraordinary level of service to all of the City service facilities. The entire AutoZone team is excited about the opportunity to partner with the City of Fort Worth and provide the AutoZone WOW! Customer Service model," said Larry Roesel, Senior Vice President of AutoZone Commercial.
About AutoZone:
As of May 9, 2009, AutoZone sells auto and light truck parts, chemicals and accessories through 4,172 AutoZone stores in 48 states, the District of Columbia and Puerto Rico in the U.S. and 168 stores in Mexico.
AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the United States. Each store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Many stores also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, and service stations. AutoZone also sells the ALLDATA brand diagnostic and repair software. On the web, AutoZone sells diagnostic and repair information, and auto and light truck parts through www.autozone.com. AutoZone does not derive revenue from automotive repair or installation.