Infosys, a global leader in next-generation digital services and consulting has unveiled a strategic 5-year collaboration with LKQ Europe. LKQ Europe is a prominent distributor of automotive aftermarket parts in Europe. This partnership is aimed at harmonizing business processes, enhancing product availability, and facilitating faster deliveries to end customers.
LKQ Europe’s vision for a comprehensive corporate program focused on process harmonization and efficiency improvements. It has led to the selection of Infosys as the key partner for its IT-related business transformation. Infosys was recognized for its expertise in ERP deployment and commitment to long-term collaboration. It is expected to play a pivotal role in integrating and standardizing diverse business processes and systems, fostering synergies, and achieving economies of scale.
Varun Laroyia, Chief Executive Officer of LKQ Europe, expressed enthusiasm about the collaboration stating, “At LKQ, we are constantly enhancing our market-leading position. This project is an extension of our original program and focused on building a more streamlined and impactful organization. With Infosys as our strategic partner, we are aiming to reduce complexities, increase efficiency, and leverage our strengths. This will allow us to upgrade our focus on customer-centricity, ensure best-in-class customer experiences, and further excel in our top position.”
"We are thrilled to collaborate with LKQ Europe and enable them in their transformative journey. Our expertise in harmonizing and digitizing complex processes aligns perfectly with LKQ Europe's goals. We are committed to delivering innovative solutions that will streamline LKQ Europe’s operations, support their growth, and ensure LKQ Europe's continued success in the automotive aftermarket industry,” said Jasmeet Singh, EVP & Global Head of Manufacturing at Infosys, emphasizing their commitment to LKQ Europe's transformative journey.
This strategic collaboration reflects Infosy’s continued leadership in providing next-generation digital services and consulting, particularly in industries undergoing significant transformation. As LKQ Europe navigates the complexities of its evolving business landscape. The partnership aims to drive sustainable productivity and support long-term business objectives positioning both companies for success in the competitive automative aftermarket sector.