The Stellar Value Proposition- Win:Win
I recently talked about what it is that makes Stellar different than any other industrial supply company I know of. It’s a talk I’ve given hundreds of time now; to clients, to partners, to our team. Here it is in less than 3 minutes. Watch Video
In 2018, Stellar’s Documented Cost Savings (DCS) program saved our customers more than $20.2 million in customer approved, documented cost savings! Since its inception in 2010, the DCS program has generated more than $103 million in customer approved savings.
How do we do this and what does it mean to your company? Basically, anything that can improve efficiencies or increase throughput goes directly to the bottom line. Stellar Industrial Supply is the leader in ensuring manufacturers and plant operators do just that.
We strive to create “Ideal Customer-Supplier Partnerships”. This is where Stellar and its partners, like 3M and Sandvik Coromant, act as advocates for your company, working to ensure you deploy the most efficient, cost-effective products that optimize plant operations and help run them smartly and safely.
Let’s say you’re using a non-rated, cut-resistant glove to protect your shop worker’s hands. Stellar may recommend a longer-lasting, but higher-priced glove, that over time, saves money because it will not need to be replaced as often and also reduces the number of injuries your workers may sustain.
Relentless in this approach, Stellar finds continuous ways to you improve: training on new tools or more efficient machining processes; conducting LEAN Kaizen events and workshops that educate on topics like strategic warranty training; better stock/inventory proximity and logistics; and many other product procurement, tooling and supply saving approaches.
Stellar is focused daily on identifying opportunities like these for our customers that maximize plant operations and efficiencies. Creating better capacity through better processes leads to increased revenue per machine, while also reducing capital requirements for new equipment.