Stellar Industrial Supply Helped Customers Reduce Costs 25% On Average in 2021

During a year which saw significant and continuing supply chain disruptions, Stellar Industrial Supply today announced that through its Documented Cost Savings Program (DCS), it helped customers reduce tooling, inventory, and associated costs by 25% in 2021. Stellar Industrial Supply customers on average saved nearly $50,000, as part of $17.92 million in total customer-approved saved DCS costs. 

The DCS program aims to foster “Ideal Customer-Supplier Partnerships.” Working on behalf of both parties, Stellar Industrial Supply deploys the most efficient, cost-effective products that optimize plant operations and help run them smartly and safely. Since its inception in 2010, the DCS program has generated over $147M in cost savings, all of which are customer verified. 

The company also named SECO, Dynabrade, and SGS as members of its premium STARS Supplier Program. STARS recognizes supply partners who share the Stellar Industrial Supply vision and passion for working closely and collaboratively with customers to ensure they have the best products, services, processes, tools and methodologies that drive plant economies and efficiencies.

“With ongoing supply chain, economy and staffing issues, now more than ever efficiency matters. The savings captured in our Documented Cost Savings Program are impactful and real, signed off by the customers but truly felt on the shop floor through improved efficiency and output,” said Stellar Industrial Supply CEO John Wiborg. “Part and parcel critical strong partners who not only invest in products that make clients more efficient but also are committed to providing inventory to priority partners and customers. SECO, Dynabrade, and SGS are all fantastic partners who we are honored to be aligned and closely working with,” continued Wiborg.