6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
"During the second quarter, we continued our strategic focus on aligning processes and systems to achieve our 'One Company' strategic objective," said Charles A. Lingenfelter, IDG's president and CEO. "We made significant operational strides towards achieving our vision of unified processes across IDG by completing the IT systems conversion in our Midwest and Northwest regions."
The company announced its IT conversion, resulting in a total of 65% of its business operating on Infor's ERP SX.enterprise software. Three of the company's four regions are now operating on a common platform with common processes, part numbers and item descriptions. Since activating the conversion May 1, the company has resolved post-conversion issues with its Electronic Data Interchange (EDI) processes that temporarily disrupted the receipt of automated orders from some customers. The disruption reduced the company's sales for the second quarter by an estimated $2.8 million to $3.2 million.
Industrial Distribution Group, Inc. distributes a full line of MROP products, specializing in cutting tools, abrasives, hand and power tools, coolants, lubricants, adhesives and machine tools. IDG has four operating divisions organized into regional responsibility areas. IDG serves over 20,000 active customers representing a diverse group of large and mid-sized national and international corporations, including Honeywell International, Inc., The Boeing Company, ArvinMeritor, Inc., Borg-Warner Inc., Pentair, Inc., as well as many local and regional businesses.
IDG Reports Small Jump in 1Q Revenues
More Breaking News