Ace recognizes smooth operation in Tampa
Ace Hardware announced that its Retail Support Center (RSC) in Tampa, Fla., has been named the Ace Hardware RSC of the Year.
Ace operates a total of 14 RSCs. The Oak Brook, Ill.-based co-op said its Tampa facility is a key component in Ace’s global retail distribution network. As a warehouse operation, it has access to more than 70,000 products.
“Our Retail Support Center in Tampa consistently delivers some of the highest service levels in the industry, vital to the operations of our supply chain and meeting the demands of our valued retailers,” said Rick Whitson, VP retail support, Ace Hardware.
In addition, the Tampa RSC has also been named the best overall traffic-operating performance facility for 2012.
In Tampa, retail support manager Dave Milner and his staff have been formally awarded the Bud Picone Award, which recognizes outstanding achievement in safety, operations, finance and inventory management. Ace’s overall traffic operating performance award is given to the facility that best demonstrates excellence in safety, delivery and operations ratios.
“These awards are well-deserved by our dedicated, hardworking team members,” said Milner. “Without their efforts these achievements would not be possible. We want to thank our team for their commitment to excellence each and every day.”
Currently, the Tampa RSC supplies 181 domestic and 121 international retailers in 60 countries with the product they need to successfully operate their independently owned businesses. The facility was also recently named a Top Workplace by Workplace Dynamics.
Ace’s 391,700-sq.-ft. Retail Support Center in Tampa was acquired by Ace in July 1977 and began distribution to Ace retailers in the surrounding areas. The center is located on 17 acres of land and has a fleet of 17 tractors and 28 trailers, as well as 31 shipping and receiving docks.
In California, Weaver Lumber joins True Value
According to an article in the Record Searchlight of Redding, Calif., Weaver Lumber plans to take on the True Value brand.
Weaver Lumber in Redding, Calif., is currently an LBM-focused yard operating in a 10,000-sq.-ft. building previously occupied by Moss Lumber. But according to the news report, owner Brent Weaver intends adds a strong DIY component.
When it takes on its True Value affiliation later this year, the store will be the first True Value in Redding, according to the newspaper. Another True Value operates in the neighboring town of Palo Cedro.
Handy Hardware Wholesale points to improved fill rates
Houston-based Handy Hardware Wholesale reports that fill rates have improved since the company filed its disclosure statement and plan of reorganization on March 6.
The 1,300-member regional co-op filed for Chapter 11 bankruptcy in January. Morrie Aaron, president of MCA Financial Group, Handy’s financial advisory firm that specializes in restructuring, says he expects the co-op’s reorganization plan to be approved and confirmed by the court in late June.
"We’ve been able to replenish our inventory since the filing date, and we’ve been able to get vendors back online,” said Aaron.
Since submitting the plan March 6, fill rates have improved from a level in the low 80% range to the high 80% range, according to Mickey Schulte, Handy’s VP merchandising.