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AG 1997 07 21
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AG 1997 07 21
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Last modified
3/25/2002 6:29:29 PM
Creation date
11/27/2017 11:54:02 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/21/1997
Board
Board of Commissioners
Meeting Type
Regular
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HISTORY <br /> <br />Stanley Works, Kannapolis NC <br /> <br /> Through 150 years of prosperity & growth, Stanley Works has been a worldwide <br />manufacturer and marketer of tools, hardware and specialty hardware products for home <br />improvement, consumer, and industrial use. Over those years, Stanley Works has earned a <br />worldwide reputation for excellence. In order to retain that image, Stanley Works has rebuilt its <br />distribution network and has implemented an advanced Warehouse Management System <br />(WMS). <br /> <br /> Stanley Works has implemented the largest and most radical re-engineering program in <br />its history. This included the consolidation of Stanley Works' four major division's distribution <br />networks, into two state of the art facilities, known as the Stanley Customer Support Distribution <br />Centers. The initial efforts of the distribution centers are aimed at developing stronger <br />relationships with Stanley Works' key North American customers. The size and rapid growth of <br />these customers have required Stanley Works to change the way they do business in order to <br />remain competitive. The first steps required to achieve perfect customer service are the <br />development of a common order management system and a consolidated distribution network <br />shared across divisions. <br /> <br /> A shared distribution network strategy is driven by overall business requirements and <br />supply chain strategy, not merely logistics cost savings. Today customers are requiring efficient <br />replenishment capabilities and increasingly stringent service requirements such as consolidated <br />orders, single shipments and value added services. Specifically, Stanley felt the ongoing pressure <br />to reduce operating costs while maintaining/improving service levels. <br /> <br /> The shift from decentralized distribution to centralized networks marks the first time in <br />Stanley Works' history that Stanley's four largest divisions (Stanley Tools, Hardware, Fastening <br />Systems and Mechanics Tools) will be shipped to customers around the nation from two <br />locations. In the past, each of these divisions had its own distribution network, its own list of <br />customers and essentially operated as its own entity. The concept of shared distribution of the <br />divisions allows customers to deal with only one Stanley Works. Previously, for a customer to <br />place an order they would have called four different numbers and would eventually receive four <br />separate deliveries. <br /> <br /> <br />
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