National Equipment Parts
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Transcript of National Equipment Parts
Customer Acquisition
3
Unique Customers ALL of 2015: 5,000
Unique Customers JUST Q1 2016: 33,000
Creating the online marketplace for Industrial Parts by turning wholesale distributors into third party sellers and strategic fulfillment carriers
NEP maintains high velocity inventory turns within our fulfillment center(s) using just-in-time delivery. We use advanced data to forecast demand and take advantage of a favorable cash conversion cycle
By syncing with inventory from multiple, competing distributors in different regions (and owning the data) NEP becomes the market-maker in an otherwise fragmented market place
Value Proposition
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“The Heating and Air-Conditioning industry has a low level of concentration, as no industry firm accounts for more than 5.0% of total industry revenue. The majority of industry operators are smaller firms that specialize in specific regions or kinds of HVAC systems.”
Source: IBISWorld
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Market Composition
Executive Team
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CEO
Zeiad Hussein
After selling his first startup at the age of twenty, he went on to build a thermostat manufacturing company where sales soared to over 3MM in less than 36 months. With over a decade of experience in manufacturing & distribution, Zeiad is highly recognized in the Industrial Parts industry. With his supportive wife and two kids by his side, nothing is impossible.
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Executive Team
After completing his undergraduate work at Cornell he went to work in the hedge fund space before deciding to create something on his own. Sean’s first office at NEP was in the CEO’s garage where he created NEP’s foundational scaling strategies.Sean Caverly
CFO / COO
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Executive Team
As the former Director of Global Technologies at GSI Commerce/eBay, Tarek was a part of the largest acquisition in the history of the Philadelphia area. With a Ph.D. from CUNY and an MBA from Temple, his enterprise level expertise will allow the supply chain to seamlessly “plug-in” to the NEP marketplace.
Tarek Hussein
Chief Information Officer
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Executive Team
After launching a successful fashion ecommerce venture in Italy he came to the states to attend school and has worked at JP Morgan Chase on the technology side, where Weiimplemented updates to Chase.com and Chase’s credit card reward programs.Weilei Yu
Chief Technology Officer
©2016 – NEP – CONFIDENTIAL – NOT FOR DISTRIBUTION
Revenue Growth (per month)
**Full Financials Available Upon Request
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