Topic:  The Role of Factoring in the Automotive Aftermarket

Speaker:  Josh Meyer, VP of Strategy and Innovation at LKQ Corporation

Presentation:
- Share price appreciation: AZO and ORLY

- “Brick and Mortar” Businesses

- Trade working capital
- What drives extended payment terms
- The impact of factoring from the manufacturer’s perspective

- Chief risks from a manufacturers’ perspective

- First Brands utilized factoring arraignments

Speaker's bio:

Josh Meyer is the Vice President of Strategy & Innovation at LKQ Corporation, a global supplier of recycled and remanufactured parts in  the automotive aftermarket. 

Josh brings to the table not just operational know-how, but a sharp financial mind honed over years steering innovation and value creation in large-scale auto-parts distribution. He has done extensive research on payment terms and the use of factoring as a cash management tool in the automotive industry, which he will share with us in the session.