Presidential Center 101 Route 130 S, Ste 530 Cinnaminson, NJ 08077
Phone: 856-786-8675 Fax: 856-786-8677 Duns: 145039207 Cage: 4MJR3
Our range of services:
NAICS 238290 326220 332116 332721 333924 334419 334516 336312 336340 488510 541330 541611 541930
326121 326291 332322 332995 334290 334510 335931 336330 336413 488999 541420 541614 561910
PARTS LIFE INC., headquartered in Cinnaminson, New Jersey, supports defense, aerospace, heavy duty and automotive industries by providing customized nonelectronic parts for life cycle sustainment and extension through agility, efficiency, and affordability. Parts Life, Inc. is one of the only companies focused on obsolescence solutions for non-electronic parts, providing life time support on expensive and mission-critical assets. Value is increased for the customer through short lead time, responsiveness, and quality that surpasses expectations. Understanding that customers need more than a supplier; they need a strategic partner.
326199 331521 332710 332999 334418 334513 335999 336339 336415 493110 541519 541618
Certifications SBA 8(a) SBA SDB DCMA Approval DCAA Approval MBE State of New Jersey DBE NJ DOT NJ Transit Authority NY/NJ Port Authority SBA e200 Philly 100 Clinton Foundation US ACE CQMC
R&D Support Design Optimization Test Plans & Procedures Systems Integration System Installation Technologies
Life Cycle Sustainment Obsolescence/DMSMS IT Services Acquisition Logistics Performance Based Logistics Warehouse Operations
Prototype Development Reverse Engineering Tooling Design Remanufacturing & Repair Supplier Approval (SAR) Capability Continuous Improvement
Integrated Program Planning Earned Value Management Risk Management Quality Assurance Configuration Management Knowledge Management
Contracting Vehicles SBA 8(a) Seaport E BPA Levels 2 & 3 Purchase Card Contact Sheila Harris-Adams Sheila@partslifeinc.com
Presidential Center 101 Route 130 S, Ste 530 Cinnaminson, NJ 08077 Phone: 856-786-8675 Fax: 856-786-8677 Contact Sheila Harris-Adams Sheila@partslifeinc.com Affiliations
RAPID OBSOLESCENCE PLANNING & EXECUTION
What is R.O.P.E.®? R.O.P.E.® - Rapid Obsolescence Planning & Execution - enables us to promptly respond to our customers’ obsolescence challenges while ensuring quality and cost effectiveness. R.O.P.E.® is an exclusive method developed by Parts Life to create supply through repair, remanufacturing, and short run manufacturing, giving our customers reliability and ROI on their assets, extending system readiness while meeting performance targets.
APRA (Automotive Parts Remanufacturers Assn) NDIA (National Defense Industrial Assn)
Burlington County Chamber of Commerce
Philadelphia Chamber of Commerce: Supplier Network
Design for Manufacture Life Cycle Analysis Technical Document Package Evaluation and Development Prototype Evaluation, Development, and Testing
Manufacturing Process Design and Optimization, and Supplier Evaluation Electronic and Electro-Mechanical Remanufacturing and Repair Tooling Design Circuit Board Manufacturing Harness Construction from Prints, Samples, or On-Site Engineering
Complete Machine Shop
Our customers benefit from our experience in planning and organizing and from our capability to execute in real time. Our methodology takes into consideration repair and remanufacturing opportunities along with capacity to respond with immediate turn-around. We give direction and provide guidance in cradle-tograve asset optimization.
North American businesses and governments categorize and measure economic activity in Canada, Mexico, and the United States using the NAICS (North American Industry Classification System) system. The system is a successor to the Standard Industrial Classification (SIC) system, even though some businesses still use the older system. The following NAICS codes represent the core competencies of PARTS LIFE, INC. Our Skills Exceed: NAICS
Unlaminated Plastics Profile Shape Manufacturing
All Other Plastics Product Manufacturing
Rubber and Plastics Hoses and Belting Manufacturing
Rubber Product Manufacturing for Mechanical Use
Aluminum Die-Casting Foundries
Other Ordnance and Accessories Manufacturing
Other Industrial Machinery Manufacturing
Industrial Truck, Tractor, Trailer, and Stacker Machinery Mfg
Other Communications Equipment Manufacturing
Printed Circuit Assembly (Electronic Assembly) Manufacturing
Other Electronic Component Manufacturing
Electromedical and Electrotherapeutic Apparatus Manufacturing
Instruments and Related Products Mfg for Measuring, Displaying, and Controlling Industrial
Analytical Laboratory Instrument Manufacturing
Motor and Generator Manufacturing
Current â€“ Carrying Wiring Device Manufacturing
All Other Miscellaneous Electrical Equipment & Component Mfg
Gasoline Engine and Engine Parts Manufacturing
Motor Vehicle Steering & Suspension Components Manufacturing
All Other Motor Vehicle Parts Manufacturing
Motor Vehicle Brake System Manufacturing
Aircraft engine and engine parts manufacturing
Other Aircraft Parts and Auxiliary Equipment Manufacturing
Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing
Other support activities for air transportation
Freight Transportation Arrangement
All Other Support Activities for Transportation
General Warehousing and Storage
Industrial Design Services
Computer systems design services (systems integration)
Process, Physical Distribution, and Logistics Consulting Services
Packaging and Labeling Services
Professional and management development training (quality assurance training)
Other automotive mechanical and electrical repair and maintenance
Communication equipment repair and maintenance
Commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance
Replacement player: Parts supplier discovers its niche
Change of business helped Parts Life find road to success
The biz in brief Company: Parts Life Headquarters: Cinnaminson Industry: Manufacturing CEO: Sam Thevanayagam
BY BETH FITZGERALD
When he founded Parts Life in Cinnaminson in 2007, Sam Thevanayagam envisioned creating a new company to supply parts to the auto industry. Then he went to Detroit and got an eye-opening experience. “I could see they were already crying uncle and looking for bailout money,” he said. The result was a rapid course correction, and Parts Life became a supplier of replacement parts for military equipment instead. It turned out to be the right move. Thevanayagam said the company is growing more t h a n 25 percent year, with revenue of about $ 10 million. Thevanayagam, 50, had spent more than a decade at Philadelphia-based Cardone Industries, a leading supplier o f auto parts, so building a similar business made perfect sense. He had risen to vice president at Cardone before leaving in 2000 to become a consultant w h o advised businesses on strategic sourcing and supply. The pivot from auto parts to military supplier in the early days of Parts Life illustrates the advice he gives would-be entrepreneurs: “You need to have quick feet and you need to fail fast, which means you have to try something.” And then, he says, try something else if your first idea doesn’t work. Thevanayagam said Parts Life addresses a problem the military often confronts when
6 June 24, 2013 NJBIZ
Employees: 10 Revenue (2012): About $10 million Website: partslifeinc.com One more thing: Thevanayagam’s was self-employed in his first job, washing faculty cars on the weekends while in college. He keeps a framed car wash schedule in his office to remember those early days.
Parts Life is growing more than 25 percent a year, according to Sam Thevanayagam, who founded the Cinnaminson company in 2007. It supplies replacement parts for military equipment. – AARON HOUSTON
it needs replacement parts for used equipment: the parts simply can’t be found. “We supply quite a few valves, for example, because the valves become obsolete if the original equipment manufacturer is not around or the OEM is no longer supporting the item.” He said Parts Life has made parts for the Aegis naval weapons
system and the Humvee military automobile. Parts Life has 10 employees and does the engineering work, with the parts themselves being made by contract manufacturers. Thevanayagam said his engineers will often do reverse engineering to come up with the specifications needed to manufacture the replacement parts for the military.
Doing Business with Uncle Sam
Three lessons Sam Thevanayagam has learned about doing business with the federal government: BE PREPARED: You need experience and a track record to convince the government that you can do the job. BE PATIENT: Be persistent: getting through government bureaucracy takes time. BE ADAPTIVE: You have to keep growing, learning and asking questions to make it in the government marketplace. And be prepared to bounce back from setbacks like a contract cancellation.
“We provide solutions for expensive and mission critical assets used by the military — either to support the troops from a logistics standpoint or equipment that is actually used in combat,” he said. Thevanayagam said he had wanted to become an entrepreneur since he was in his 20s, “and it is a good thing that I waited until
was older and knew what to do.” He raised nearly $200,000 in capital to start Parts Life from credit cards, cashing in his 401k plan and selling his house and putting some of the equity into the business. His timing has worked out. The current climate of federal budget cuts, and the pressure on all federal spending from sequestration, is helping to create more demand for what Parts Life does, Thevanayagam said. “A lot of the (military) programs and platforms that were scheduled to take off have either been pushed out or have been delayed,” he said. The military thus needs to extend the life of existing equipment, “and that’s where we come in,” he said. He said his company helps taxpayers. “We extend the life of assets that we (the taxpayers) have already paid for,” he said. “Anytime we can extend the life of an asset, and it doesn’t have to be mothballed, we are preventing a future buy.” E-mail to: firstname.lastname@example.org On Twitter: @bethfitzgerald8
Parts Life Inc’s Sam Thevanayagam to Participate in Entrepreneur Mentoring Program Selected as Mentor in the Greater Philadelphia Area Philadelphia, PA, December 14, 20011: Parts Life Inc President Sam Thevanayagam will serve as a 2011-2012 Participant in the Entrepreneur Mentoring Program (EMP), an Inc. magazine – William J. Clinton Foundation Partnership, in the Greater Philadelphia area. EMP facilitates structured, highimpact mentoring relationships over a one-year period between some of the nation’s most successful business leaders and entrepreneurs running emerging growth companies in America’s underserved communities. “I am very excited to be able to work with EMP and my designated mentee to pass on my knowledge and lessons learned as an entrepreneur,” said Mr. Thevanayagam. “This is a very important program that promotes the entrepreneurial spirit that makes this country so great and I am honored to be a part of this undertaking.” Thevanayagam is owner of Parts Life Inc. (www.partslifeinc.com), an awardwinning small business that facilitates the sustainability of military and civilian customer’s mission critical assets by delivering obsolescence planning and execution. Recent winner of a Seaport Contract to support the Navy Surface Warfare Center in Indian Head, MD, the company serves customers with engineering services, integrated logistics, manufacturing solutions and program management. Parts Life’s unique solution, ROPE (Rapid Obsolescence Planning & Execution), optimizes the diverse options of executing supply plans that include repair, remanufacturing and form, fit and functional replacements. The company’s extended enterprise includes qualified sources able to manufacture to demand quantities reducing inventory investment and obsolete inventories.
About the William J. Clinton Foundation The William J. Clinton Foundation is a nonpartisan 501(c)(3) organization, founded by President Bill Clinton with the mission of strengthening the capacity of people throughout the world to address pressing global challenges. Working in collaboration with governments and other partners, the Foundation applies a
unique problem-solving method to each of its seven initiatives, which work to combat the HIV/AIDS pandemic, fight climate change, and develop sustainable economic growth in Africa and Latin America. In the U.S., the Foundation works to tackle the childhood obesity epidemic and helps to expand economic opportunity by increasing access to low-cost financial services and empowering entrepreneurs. Through these efforts, the Foundation has helped 2 million people living with HIV/AIDS access lifesaving treatment, 40 cities fight global climate change, and over 5,500 schools promote healthier educational environments. Learn more at www.clintonfoundation.org.
About Inc. Inc., the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for todayâ€™s innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readerâ€™s energy, brashness, and imagination. Visit Inc. at www.inc.com.
SBA E200 - HELPING SMALL BUSINESSES
STEP IT UP!
This year, Philadelphia joined with a group of select major cities across the country to participate in an SBA training initiative called Emerging 200, or “E-200.” E-200 is a pilot training initiative that immerses owners of promising inner city businesses in a condensed, MBA-like curriculum designed to stimulate urban economies by helping their most promising businesses grow. Philadelphia Mayor Michael Nutter and former SBA Administrator Steve Preston both spoke passionately about the initiative and the positive impact it will have on the Philadelphia economy at the March 27, 2008 program launch. They were joined at that event by many leaders of community organizations and businesses throughout the city, several of whom are cosponsoring the Initiative.
this Initiative, and the rising stars of that community responded in force. They came into this training with their businesses poised on the brink of real growth, and there is no limit to what they can accomplish with the tools and relationships they will take from the Initiative.”
Top of the Clock
In the weeks to come, the Class of 2008 will attend E200 sessions focusing, in turn, on growth goals, marketing, sales, financials, exporting, government contracting and accessing capital. Through this coursework, the class will work with mentors, develop connections with banks and the private equity community, and draft a growth plan for their own businesses.
The Emerging 200 Initiative in Philadelphia is co-sponsored by:
The Class of 2008 include: Through the SBA Emerging 200 initiative entrepreneurs will participate in an intensive and comprehensive training program focused on developing business growth strategies and attracting capital to fuel that growth. Participants will also work with experienced mentors, attend workshops, and develop connections with banks and the private equity community.
Aardvark Pest Management, Inc.
China Power & Light, Inc.
“It [has been] clear from [the] first [E-200] session that what we have here is lightning in a bottle,” said David Dickson, District Director of the SBA’s Philadelphia District Office, which is administering the Initiative in the Philadelphia. “Mayor Nutter sounded the rallying cry at the Initiative’s Philadelphia launch in March for the urban small business community to seize the opportunity to join in
Clinton Street Bed & Breakfast
Friday Architects/Planners, Inc.
Glasstoration Technologies, LLC
J. Cabot Catering
Leahy Caregivers, Inc.
M. Davis & Co., Inc.
Pamela Gallo Consulting
Parts Life, Inc.
K.I.A. Design and Construction Loughner and Associates, Inc.
Urban Harvest Partnership, LLC
City of Philadelphia
Asian American Chamber of Commerce of Greater Philadelphia
Delaware Valley Industrial Resource Center
Greater Philadelphia Chamber of Commerce
Greater Philadelphia Minority Business Strategic Alliance (GPMBSA)
AMEC Earth and Environmental, Inc.
Hispanic Association of Contractors and Enterprises (HACE)
Women’s Business Development Center
Service Corps of Retired Executives (SCORE ), Philadelphia Chapter Urban League of Philadelphia
Other cities across the United States that are engaged in the Emerging 200 Initiative are: Albuquerque; Atlanta; Baltimore; Boston; Chicago; Des Moines; Memphis; Milwaukee; and New Orleans.
SBA PHILADELPHIA DISTRICT OFFICE CONTACTS FOR E200 Dave Dickson, District Director 215-580-2700 email@example.com
Michael Kane, Business Development Specialist 215-580-2707 firstname.lastname@example.org
Jennifer Pilcher, Public Information Officer 215-580-2703 email@example.com
“It has been clear from the first E-200 session that what we have here is lightening in a bottle,” said David Dickson, District Director of the SBA’s Philadelphia District Office.