Standard Products to Start TrueCommerce Vendor Managed Inventory Program

Standard

 

June 18, 2018

Montreal-based lighting manufacturer Standard Products Inc. has entered into an agreement to use TrueCommerce’s vendor managed inventory (VMI) platform. Standard joins a growing number of leading industrial companies to implement VMI to better manage distributor relationships and optimize inventory investment.

Montreal-based lighting manufacturer Standard Products Inc. has entered into an agreement to use TrueCommerce’s vendor managed inventory (VMI) platform. Standard joins a growing number of leading industrial companies to implement VMI to better manage distributor relationships and optimize inventory investment.“With lighting technology and products changing at such high speed, working with our partners to make sure they are carrying the right products and quantities in stock and keeping their inventory clean will drive sales and profit growth,” says Standard CEO David Nathaniel. 

According to TrueCommerce Datalliance Industrial Director of Sales Tom Hoar, utilizing the VMI platform will give Standard a better handle on what their distributors need without overstocking them. “This is going to ensure their most in-demand products are always available, and it’s going to streamline the ordering process for their distributors. And that’s how industrial suppliers build stronger relationships,” he says. 

TrueCommerce Datalliance is part of TrueCommerce, a global provider of trading partner connectivity and integration solutions. With unified commerce services and apps, TrueCommerce connects customers, suppliers, channels, and systems through a global commerce network that includes more than 92,000 pre-connected retailers, distributors and logistics service providers.

Related Articles


Changing Scene

  • Sonepar Announces Incredible 2024 Key Figures

    Sonepar Announces Incredible 2024 Key Figures

    Sonepar has reported sales of €32.5 Bn for the year ended December 31, 2024. In 2024, Sonepar acquired 17 new companies representing combined sales of €2.2 Bn, of which 90% in North America. The Group is now, in its core business, a major provider on the upper Western continent with sales of €16 Bn spanning 8… Read More…

  • Liteline Announces Omnilumen as New Agent

    Liteline Announces Omnilumen as New Agent

    In a recent announcement to business partners on behalf of Liteline Corporation, Mike Smith, the National Sales Manager for Liteline, was pleased to announce the appoint of Omnilumen as the company’s newest agent representing Liteline in the Greater Toronto Area, starting April 1, 2025. Omnilumen is a trusted lighting manufacturer’s representative with over 35 years… Read More…


Peers & Profiles