Transportation & Logistics International - Fall 2013 - (Page 44)

FLEET MANAGEMENT Ace in the Right Places // Ace International has found that its regional supply chain expertise helps it remain competitive and avoid problems from regulation changes. > AC E I N T E R N AT I O N A L H O L D I N G S LT D. ESTABLISHING ACE INTERNATIONAL AS A SEPARATE COMPANY HAS BEEN KEY IN ACE HARDWARE’S GROWTH. BY E R I C S L AC K Ace Hardware’s history extends back to 1924 when Richard Hese, E. Gunnard Lindquist, Frank Burke and Oscar Fisher founded the organization. Today, there are more than 4,500 Ace Hardware home improvement stores in more than 60 countries and Ace continues to grow. In 1990, the company decided to de- “We can invest more in the business velop the infrastructure needed to pursue now,” says Brian Cronenwett, vice presi- than 200 vendors outside the United international markets with a growth dent. “We have our own board of directors States. Having Ace International as a sep- strategy designed to build the retailers’ and our own financials. Shanghai is now arate company enhances vendor negotia- business and deliver a consistent and the regional distribution center for Asia. tion, site visits and on-the-ground helpful experience. In 2006, Ace opened a With the customer service, supply chain real-time vendor contracts with complete global distribution warehouse in Shang- expertise and sales support in we have, we documentation and logistical reports. In hai. Continuous improvement has posi- can get product to market much quicker.” addition, it shortens product delivery tioned Ace as the No. 1 best, lowest-cost hardware distributor on the planet. All of these steps paved the way for the company to move in a new global direction, sourcing. The company works with more times, increases cost efficiencies and Sourcing Strength builds product assortments, all by lever- Many of the benefits of creating Ace In- aging local knowledge and expertise. ternational have been realized in terms of and in 2011, it formed Ace International “We can get product to international retailers through regional distribution Holdings Ltd. as a separate company. It has -----------------------------------------------[ P R O F I L E ] centers for the fastest-turning SKUs,” since expanded its international footprint, Ace International Holdings Ltd. Cronenwett says. “They can also get opening distribution centers in Dubai and product through our U.S. distribution Panama. It also operates export centers in Headquarters: Oak Brook, Ill. centers, as well as by drop ship direct Florida and California to help get product Specialty: Home improvement hardware from U.S. manufacturers or through the out of the United States. -------------------------------------------------------------- Shanghai sourcing office.” 44 TLIMAGAZINE.COM FALL 2013 http://www.TLIMAGAZINE.COM

Table of Contents for the Digital Edition of Transportation & Logistics International - Fall 2013

Transportation & Logistics International - Fall 2013
Panama Canal
Distribution Centers
Fleet Efficiency
GE Transportation
Lake State Railway Corp.
LT Enterprises
Boasso America
Dee King Trucking
Heritage Environmental
Flower Transfer Logistics
Ironhorse Resources
Jim Palmer Trucking
Polaris Transport
Tennant Truck Lines
Ace International Holdings Ltd.
Webtech Wireless Inc.
Downtime Fleet Management Services
Motiv Power Systems
Waste Management
Zoresco Equipment Co.
Bowhead Transport Co. LLC
Harbour Link Container Services Inc.
Harley Marine Services
Air Transat Cargo
Cutter Aviation
Louis Armstrong New Orleans International Airport
All Pro Freight Systems Inc.
Legacy Transportation Services
Last Look

Transportation & Logistics International - Fall 2013