News Releases

News Releases

(1ss AIM web ad June 2008) 1sourcevend introduces AIM, a proprietary, web-based automated inventory management program for (industrial) manufacturing facilities that manages inventory utilizing barcode scanner technology.

 

1sourcevend offers their automated inventory management system (AIM) to manufacturers whose goals are to increase productivity, decrease costs and improve inventory control.

 

 


October 21, 2008

 

1sourcevend introduces AIM, a proprietary, web-based inventory management program for industrial manufacturing facilities that manages inventory utilizing barcode scanner technology.

 

Memphis, TN (PRWEB) June 17, 2008 – 1sourcevend offers their inventory management system (AIM) to manufacturers whose goals are to increase productivity, decrease costs and improve inventory control.

 

Owned by Mark Hill, 1sourcevend is building an alliance of independent distributors who offer the AIM system of automated replenishment to small and medium sized customers which includes inventory management, supply chain automation, streamlined billing and web-based reporting for information analysis. 1sourcevend helps sell and implement the AIM program with their Alliance Distributors.

 

1sourcevend Alliance Distributors are able to offer their customers who have vendor reduction goals, a single source program with automated replenishment regardless of the customer’s dollar spend.

 

1sourcevend customer Dave Barnett of Wright Medical Technology states, “ I highly recommend 1sourcevend to any manufacturing facility who is looking for a quality single source provider to reduce costs, manage inventory effectively and reduce outages.”

 

Smaller customers benefit from using 1sourcevend because they can realize decreased costs through vendor reductions with a more reliable and effective way to replenish products.

 

For more information about 1sourcevend, visit www.1sourcevend.com.

 

About 1sourcevend:

1sourcevend is an independently founded company providing automated fulfillment supply-chain solutions to industrial customers. The distributor alliance structured company provides automated replenishment tools along with sales and marketing support to its members. The company reduces costs and increases efficiency to their customers in the rapidly changing market. 1sourcevend provides technical support to all of their customers, as well as a single-source strategy for distributors.

 

Contact:

1sourcevend

3310 Commercial Pkwy

Memphis, TN 38116

901-345-6011

www.1sourcevend.com


June 23, 2008

1sourcevend provides automated replenishment systems, increased inventory turnover, lowered business costs and increased efficiency for industrial manufacturers.

 

Memphis, TN (PRWEB) July 3, 2008 -- 1sourcevend is gaining popularity with industry manufacturers and independent distributors. The company offers their network of distributor single-source service with fewer vendors, increasing productivity and decreasing costs within its myriad of companies and resources.

 

1sourcevend is an alliance of distributors who offer automated replenishment systems to smaller-based clients, including inventory management, supply chain automation, streamlined billing and information analysis. 1sourcevend helps sell and implement the program for independently-owned specialty distributors.

 

"When a customer really respects a distributor and really likes working with them, the customer will try to find more ways to give the distributor business. However, if distributors don't have the ability to offer a single-sourcing program, then there's no way for the them to offer the opportunity to the customer to buy more product from them," said Cary Rawlings, 1sourcevend vice-president of sales and marketing. "With our program, we're able to go in with the distributor and demonstrate to customers a system that is simple and encourages them to give our alliance member more business."

 

Smaller customers benefit from using 1sourcevend because they can realize decreased costs through vendor reductions with a more reliable and effective way to replenish products.

 

For more information about 1sourcevend, visit www.1sourcevend.com.

 

About 1sourcevend:

1sourcevend is an independently founded company providing automated fulfillment supply-chain solutions to industrial customers. The distributor alliance structured company provides automated replenishment tools along with sales and marketing support to its members. The company reduces costs and increases efficiency to their customers in the rapidly changing market. 1sourcevend provides technical support to all of their customers, as well as a single-source strategy for distributors.

 

Contact:

1sourcevend

3310 Commercial Pkwy

Memphis, TN 38116

901-345-6011

www.1sourcevend.com

 


June 23, 2008

 

1sourcevend provides automated replenishment systems, increased inventory turnover, lowered business costs and increased efficiency for industrial manufacturers.

 

Memphis, TN (PRWEB) July 3, 2008 -- 1sourcevend is gaining popularity with industry manufacturers and independent distributors. The company offers their network of distributor single-source service with fewer vendors, increasing productivity and decreasing costs within its myriad of companies and resources.

 

1sourcevend is an alliance of distributors who offer automated replenishment systems to smaller-based clients, including inventory management, supply chain automation, streamlined billing and information analysis. 1sourcevend helps sell and implement the program for independently-owned specialty distributors.

 

"When a customer really respects a distributor and really likes working with them, the customer will try to find more ways to give the distributor business. However, if distributors don't have the ability to offer a single-sourcing program, then there's no way for the them to offer the opportunity to the customer to buy more product from them," said Cary Rawlings, 1sourcevend vice-president of sales and marketing. "With our program, we're able to go in with the distributor and demonstrate to customers a system that is simple and encourages them to give our alliance member more business."

 

Smaller customers benefit from using 1sourcevend because they can realize decreased costs through vendor reductions with a more reliable and effective way to replenish products.

 

For more information about 1sourcevend, visit www.1sourcevend.com.

 

About 1sourcevend:
1sourcevend is an independently founded company providing automated fulfillment supply-chain solutions to industrial customers. The distributor alliance structured company provides automated replenishment tools along with sales and marketing support to its members. The company reduces costs and increases efficiency to their customers in the rapidly changing market. 1sourcevend provides technical support to all of their customers, as well as a single-source strategy for distributors.


January 3, 2008

 

Carolina Supply Co. (Greenville, SC), Dixie Tool Crib (Austin, TX) & Duramill Industrial Supplies (Toronto, Canada) join 1sourcevend Alliance.

 

Carolina Supply Company, Dixie Tool Crib and Duramill Industrial Supplies are three great additions to the 1sourcevend alliance. They are well-established companies with solid customer relationships and technically-trained salespeople--everything necessary to be successful in growing their business through the 1sourcevend program.

 

Says Mike Wilson of Duramill, "We needed a tool that would allow us to offer our customers the option of being their complete “1 Source supplier”. After meeting with Mark and Cary the choice was clear; 1sourcevend was the answer. We are now able to offer our customers a price-competitive, easy-to-use system that instantly allows them to capture usage and maintain costs in real time, giving Duramill the competitive edge we needed! We are confident that Duramill and its customers will realize the benefits as soon as the first scanner has been installed".

 

1sourcevend brings its members a "full-service" integrated supply program which includes expertise, support, joint sales calls, marketing tools, and a sophisticated bar-code scanner system. This offers industrial customers a single-source program that does not leave out the technical support function. It is truly a WIN -WIN integrated solution.

 

1sourcevend is now helping 14 independent distributors in North America grow their business through the utilization of its Automated Inventory Management (AIM) system. The business running through the 1sourcevend AIM system by Alliance members has grown from $500k in 2003 to over $7 million this year!

 

To learn more about the 1sourcevend program, contact 1sourcevend at (901) 345-6011 or email info@1sourcevend.com, and a web cast presentation can be arranged at your convenience. It's a great way to see what this exciting program is all about.


July 18, 2007

 

JC Industrial, Boykin Tool & Supply & Ford Tool & Carbide join 1sourcevend Alliance

 

JC Industrial, Boykin Tool & Supply and Ford Tool & Carbide join Ball Supply, Blanchard Industrial, Ideal Machinery, I.M.C. Supply, BLH Supply, Lensing Industrial, H&H Supply, Lloyd Gage Tool, Rogers Industrial and Tennessee Machine Tool as members of the 1sourcevend distributor alliance headquartered in Memphis, TN.

 

1sourcevend helps independent distributors grow their business through the utilization of it’s AIM system. The business running through the 1sourcevend AIM system by our Alliance members has grown from $500k (1st customer) in 2003 to over $7 million (10 customers) annualized this year. More importantly, the majority of this business is incremental revenue to our Alliance members!

 

1sourcevend brings distributor members a “full-service” program which includes: expertise, support, joint sales calls, marketing tools and a sophisticated bar-code scanner system, so that they become an instant “integrated supply player” in their market.

 

To learn more details about the program, just call or email to set up a web cast presentation at your convenience. It is a great way to see what our program offering is all about and it gives you a chance to get all of your questions answered.


April 12, 2007

 

Rogers Industrial Supply joins 1sourcevend

 

1sourcevend is pleased to announce the addition of Rogers Industrial Supply of Fort Smith, Arkansas to our rapidly growing Alliance.

 

Rogers Industrial also has a branch in Searcy, Arkansas. See www.rogersindustrial.com for more info.


January 10, 2007

 

Modern Distribution Management Reprinted with permission of Modern Distribution Management

 

Single-Sourcing on a Smaller Scale Distributor turns loss of customer into opportunity

 

1sourcevend is an alliance of distributors who want to offer single-sourcing programs to smaller customers, including inventory management, supply chain automation, streamlined billing and information analysis.

 

Mark Hill’s cutting tool distributorship, I.M.C. Supply Co., Memphis, TN, lost its biggest customer in 1997. “The customer we lost really wantedus to have their business, but we didn’t have the programs they needed,” Hill says.

 

Insteadof folding, or scrambling to make ends meet, Hill pushedforwardwith a plan to finda way to offer single-sourcing solutions to his customers. Since that year, his business has doubled. About 65 percent of his business is now single-source.

 

Hill has decidedto pass on his newfoundknowledge in the form of a separate business that helps smaller distributors provide single-sourcing solutions for their customers, including inventory management, supply chain automation, streamlinedbilling andinformation analysis. 1sourcevend sells the program andimplements it for independent specialty distributors – right now in industrial MRO. “They may not have any knowledge of how to go about it,” Hill says. “We offer the expertise andthe support.”

 

Nine distributors, mostly in the East, have joinedso far.

 

“When a customer really respects a distributor andreally likes working with them, they try to findmore ways to give them business. But unfortunately if they don’t have a single-sourcing program, then there’s no way for the distributor to offer the opportunity to the customer to buy more product from them,” says Cary Rawlings, 1sourcevend vice president of sales andmarketing.

 

“With our program, we’re able to go in andshow them a system that is simple andallows the customer to give them more business.”

 

The program does not attempt to compete with large integrators, Hill says. Instead, 1source targets small to mid-sizeddistributors ($3 million to $20 million on average) andtheir smaller customers with potential total available sales per year of up to $1.5 million. These customers are not typically approachedby larger distributors for a single-sourcing contract.

 

“Smaller customers want vendor reduction, they want cost savings, andthey want an easier, simpler way to get their product in the door without having to order it when they’re out,” Rawlings says. “This system offers us a way to do that for the customer.”

 

As a result, many of the distributors who have signedon with 1sourcevend have broadenedtheir product lines to include safety products or other non-technical lines. Or they can provide brandedlines they are not authorizedto sell to the general market but receive permission from manufacturers to sell to “specifiedaccounts.”

 

When a customer wants welding supplies, but the distributor specializes in cutting tools, 1sourcevend will combine alliance members anduse one invoice.

 

Eventually, Hill andRawlings want to have specialty distributors from different commodity groups work together on a larger scale to provide one solution for all commodities, whether in a single location or multiplant situation.

 

“Eventually when we get into multiplant situations, we will be able to use the distributors in different market areas where they are needed, but we aren’t to that point yet,” Hill says. “But that is where we are headed.”

 

1sourcevend is just starting to branch out. “We’ve been careful about not getting aheadof ourselves,” Hill says. It is looking to adddistributors with “solidgrowth.” “We’re selective,” Hill says. “We needsoliddistributors for our alliance – down the roadthat is going to make a difference when we get into multiplant situations.”

 

The cost to belong is $300 per month plus a transaction fee basedon customer product usage. More information can be foundat www.1sourcevend.com.

 

Reprinted with permission from Modern Distribution Management.


December 1, 2006

 

Lloyd Gage Tool and Tennessee Machine Tool join 1sourcevend

 

1sourcevend, Inc. announces that Lloyd Gage Tool and Tennessee Machine Tool join as founding members of 1sourcevend. Lloyd Gage Tool and Tennessee Machine Tool join Ball Supply, Blanchard Industrial, Ideal Machinery, I.M.C. Supply – Memphis, TN, BLH Supply, Lensing Industrial and H&H Supply as founding members of the distributor alliance headquartered in Memphis, TN.

 

1sourcevend offers specialty distributors a platform by which distributors can offer integrated supply solutions to their industrial customers. 1sourcevend President Mark Hill comments “we are excited to have Lloyd Gage Tool and Tennessee Machine Tool join an already impressive list of founding members of 1sourcevend. Our growing member list continues to validate our vision around integrated supply solutions for industrial customers.”

 

1sourcevend, Inc. announces that Stephen Valentine, former AutoZone and IBM executive has joined as a board director. Hill comments “Steve brings a strong supply chain, technology, and business background to 1sourcevend and continues to build on the strong team we have with Cary Rawlings, Vice President of Sales and Marketing and Sally Pellegra, Sales Coordinator”.


August 1, 2005

 

1sourcevend, Inc. announces the building of its distributor alliance with the founding members

 

1sourcevend, Inc. announces the building of its distributor alliance with the founding members of Ball Supply, Blanchard Industrial, Ideal Machinery and IMC Supply. 1sourcevend combines their innovative integrated supply platform with the local independent distributor's technical knowledge. This unique combination offers the industrial customer a flexible, highly productive single source solution for their supply needs. Operation leadership is provided by Mark Hill and industry veteran Cary Rawlings, VP of Sales.