Infosys to Harmonize the Systems of LKQ Europe

Paving the way for seamless integration and growth in the auto parts industry

BENGALURU, India, Dec. 21, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a 5-year collaboration with LKQ Europe, one of the leading distributors of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. Following multiple strategic acquisitions, LKQ has envisioned a corporate program that entails harmonizing business processes, improving product availability, and enabling faster delivery to end customers. Under this collaboration, Infosys will assist to integrate and standardize disparate business processes and systems, to enable synergies and achieve economies of scale.

Infosys was chosen as a strategic partner to lead LKQ Europe's IT related business transformation owing to its strong credentials in ERP deployment, and commitment to a long-term collaboration. LKQ Europe will leverage Infosys' industry expertise in automotive and distribution solutions and implement systems with robust capabilities to drive sustainable productivity and to support their long-term business objectives.

Varun Laroyia, Chief Executive Officer, LKQ Europe, said, "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 our top position."

Jasmeet Singh, EVP & Global Head of Manufacturing, Infosys, said, "We are thrilled to collaborate with LKQ Europe and enable them in their transformative journey. Our expertise in harmonizing and digitizing complex processes and transforming customer experience 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."