Transit systems across the country are facing unprecedented financial
challenges. Now more than ever systems must look for innovative solutions
to perennial problems, and this is why inventory management practices are
receiving some much needed attention. There is no better return on
investment than repairing a broken inventory management system.

The value tied up in inventory and eventual “write-downs” of obsolete parts
are obvious problems. Less obvious are the costs associated with
overpayment and poor availability of parts needed to maintain your capital
investment. These costs are more indirect but just as significant. The cost
to your organization and our industry of having additional fleet spares just
to cover for out-of-stock parts is staggering. On any given day there are
several billions of dollars worth of buses idled by parts not in stock.
Other inefficiencies – such as trained mechanics searching/waiting for parts,
purchasing professionals following repetitive and obsolete procurement
practices, or the warranty process not fully recovering proceeds from
vendors – add to the wasted costs.

We are currently engaged with a number of transit properties that are
evaluating, implementing or already reaping the benefits of comprehensive
parts management solutions. Since the 2007 acquisition of Neopart by an
investor group with deep supply chain expertise, Neopart has experienced
double-digit annual growth and established itself as the leader in providing
parts management solutions for the transit industry. Having over 30 years
of experience in the transit industry has enabled us to tailor solutions to the
unique needs of our transit customers.

Call to learn more about how we can give [Your Transit] a supply chain that
provides parts when their needed, at the best price, but without the wasted
costs.

Sincerely,
Ray Melleady
VP, Parts Management Services
Ray@neopart.com
484.467.6107 cell
800.827.9287 ext.350