Stellar Industrial, 3M Team to Save Joint Customers more than $5.3 million in Documented Cost Savings in 2017
3M wins Stellar Industrial Supply “Horse Race” Award; Sandvik Coromant wins 2nd place with $3.1+ million in joint cost savings
Stellar Industrial Supply today named partner 3M as the 2017 winner of Stellar’s Documented Cost Savings “Horse Race”. The Horse Race Award recognizes partners like 3M who work closely with Stellar Industrial Supply to help joint customers reduce or eliminate plant and production inefficiencies. In 2017 3M and Stellar Industrial Supply saved joint customers more than $5.3 million. Sandvik Coromant, who worked with Stellar to save joint customers more than $3.1 million in 2017, was named 2nd place winner.
Combined, Stellar Industrial Supply and all its partners combined created more than $17.5 million in customer approved documented cost savings in 2017.
“We work closely with our partners like 3M and Sandvik Coromant daily to identify opportunities for our customers to maximize plant operations and efficiencies. Overall inclusive of the work accomplished with 3M and Sandvik Coromant, we are ecstatic to report that last year combined, Stellar Industrial Supply and its partners generated more than $17.5 million combined in customer approved document cost savings,” said Stellar Industrial Supply President and CEO John S. Wiborg. “Creating better capacity through better processes leads to increased revenue per machine or line, while also reducing capital requirements for new equipment,” continued Wiborg.
Stellar Industrial Supply distributes more than 35,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands for Safety, Metalworking, Marine Supply, Aerospace, and other general manufacturing and processing organizations, and also offers customized Indirect Material Management solutions.
The overriding company vision for Stellar Industrial Supply is to create “Ideal Customer-supplier partnerships” that enable it and its partners like 3M and Sandvik Coromant to act as advocates for its joint customers and their best interests. The company prides itself on delivering more informed, educated product consultation and selection. Its Documented Cost Savings Supplier of the Year award reflects that mission.
About Stellar Industrial Supply
Founded in 1988 Stellar Industrial Supply distributes more than 35,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands for Safety, Metalworking, and Marine Supply, general manufacturing and processing, machine and metal working shops, and marine and construction organizations. Stellar also offers customized Indirect Material Management solutions; and a broad array of hand tools, power tools, cutting tools, abrasives, aerosol chemicals and paints, shop supplies, safety, marine and construction supplies. Stellar was named by Progressive Distributor Magazine ‘Distributor of the Year’ award for 2010; and was named by 3M as its ‘2011 Premier Distributor of the Year’. Stellar is a proud member of Affiliated Distributors and the Industrial Supply Association.
Media Contact:
Martin Levy
Jerome, Bruhn & Associates
martinl@jeromebruhn.com
206-851-7256