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Home » Graybar endorses industry data warehouse

Graybar endorses industry data warehouse

May 25, 2002
More about:  Distribution Technology,  Electrical/Electronics Distribution
Executive summary: The following comments were made by Bob Reynolds, chairman, president, and CEO of Graybar Electric Co., Inc. on May 13, 2002 at the annual meeting of the National Association of Electrical Distributors in Chicago, IL. The article argues for the importance of clean and synchronized pricing and product data for the channel. It also outlines the six-year effort to create a standardized industry product and price information database.



We are all aware of the tremendous pressure customers are putting on distribution and our manufacturers to reduce cost. In particular, there has been a push toward strategic sourcing and procurement cost reduction. Most of this started with basic MRO supplies such as office products. However, as technology has improved and ...

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Executive summary: The following comments were made by Bob Reynolds, chairman, president, and CEO of Graybar Electric Co., Inc. on May 13, 2002 at the annual meeting of the National Association of Electrical Distributors in Chicago, IL. The article argues for the importance of clean and synchronized pricing and product data for the channel. It also outlines the six-year effort to create a standardized industry product and price information database.



We are all aware of the tremendous pressure customers are putting on distribution and our manufacturers to reduce cost. In particular, there has been a push toward strategic sourcing and procurement cost reduction. Most of this started with basic MRO supplies such as office products. However, as technology has improved and ...



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