Sandvik Coromant recognized for Documented Cost Savings Program
Stellar Industrial Supply works with key supplier partners who mirror similar values, align with their value proposition and focus on delivering documented cost savings to mutual customers. John Kaleta, Channel Relationships Manager, accepted the award for a second year in a row.
In 2019, Sandvik Coromant finished with $1,795,573 documented costsavings for the second-place award. For this achievement, Stellar IndustrialSupply awarded Sandvik Coromant with $1,500 to donate to a charity of theirchoice. Sandvik Coromant is proud to gift this money to Mary Bridge Children’sHospital of Tacoma, WA.
According to Mr. Kaleta, “Sandvik Coromant is honored to berecognized as one of the two top suppliers for the 2019 Documented Cost Savingsaward by Stellar Industrial Supply. This acknowledgement confirms that the leanand sustainable mindset and principles our employees practice every dayactively benefits our customers. We are especially proud to apply our winningsto the very deserving folks at Mary Bridge Children’s Hospital of Tacoma.We look forward to continuing our efforts to document cost savings for ourcustomers in
2020.”
According to Stellar Industrial Supply's website, the Documented Cost Savings Program is a mutually-beneficial program where customers agree to purchase a higher volume and wider range of products but only once Stellar Industrial Supply has proven and documented cost savings to that customer. This allows Stellar Industrial Supply to create ideal customer-supplier partnerships and act as advocates for their customers to maximize inventory turns, employee efficiency and profitability.
