Enduratex has recently engaged Warehouse Two in a program that encourages inventory sharing for Enduratex distributors, said Jeff Post VP and General Manager of Enduratex/CGPCA (China General Plastics Corporation of America).
“Plain and simple, inventory sharing within a distributor network such as ours, is good business,” said Post. The benefits to the distributors and to Enduratex are increased revenue, which everyone likes, reduced unwanted inventory, low transaction costs and an overall higher net profit,” he added. Who can argue with that?
Warehouse Two has developed a proprietary inventory-sharing tool specifically designed for manufacturers and their distributors. With this tool, distributors have access to the Enduratex inventory from other participating distributors and in turn, expand their own inventory.
“This is a tremendous opportunity for our distributors to reduce slow moving or even dead inventory in their own warehouses – it’s a turn on the old adage, one man’s surplus is another man’s treasure, and it works extremely well for all of our distributors to be fluid and best serve the needs of their customers,” added Post.
“Using Warehouse Two has become a One Stop Shop benefit for those of us using it. Although we’re early adopters of the program, the more distributors who use the service, the better it becomes for everyone overall,” said Dan Neihaus, VP of Administration for Miami Corporation, a CGPCA/ Enduratex distributor.
Enduratex, which is known for providing superior vinyl coated fabrics to the automotive, hospitality, marine, healthcare and spa industries, is headquartered in Southern California, in Mira Loma, and has five product warehouses in the United States located in Birmingham, Alabama; Cincinnati, OH; High Point, NC; Mira Loma, CA and La Mirada, CA. Its’ parent company, China General Plastics Corporation, is headquartered in Taipei, Taiwan.
China General Plastics Corporation of America, or Enduratex™, is part of U.S.I., a $2.2 billion corporation, which is publicly traded company on the Taiwan Stock Exchange.
Warehouse TWO, LLC is an independent “inventory-sharing” service created exclusively for durable goods manufacturers and their authorized distributors, and any group of durable goods “peer” wholesaler-distributors, such as members of a buying/marketing group or cooperative.
“Inventory-sharing” is the practice of wholesaler-distributors proactively making their inventories available to peer wholesaler-distributors. Virtually combining the inventories owned by participating distributors results in greater asset and operational efficiency for all. Each participant can serve his customers from a much larger inventory, and his own inventory can be available to a much larger customer base. For more information on Warehouse Two, visit www.warehousetwo.com.