News

WOLF launches new cabinet line

BY Allison Har-Zvi

WOLF has launched a new line of cabinets, “WOLF Classic Cabinets,” available exclusively to independent dealers in 18 eastern states. With the new cabinet line, the largest U.S. supplier of kitchen cabinets hopes to compete with comparable products imported from overseas. 

Barry Graboski, WOLF’s senior VP product development for kitchen and bath, said that the new line was the result of collaboration with WOLF customers, who expressed a need for a product to compete with the foreign-made cabinets that dominate the category. 

WOLF has decided to accelerate its production schedule for WOLF Classic Cabinets due to the positive feedback the product received during a trial launch in select markets. WOLF expects that the new line will do well against similar imported products. 

WOLF will produce Classic Cabinets as part of a new business model the company adopted in 2010, which focuses on products marketed only to independent dealers.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

At Home Depot, supply chain investment pays dividends

BY Ken Clark

The next phase for Home Depot’s supply chain transformation is the implementation of a new forecasting and replenishment system within the company’s 19 rapid deployment centers (RDCs).

"This new system integrates our store and DC systems and is an important step in improving the throughput and productivity of our overall supply chain," said Ted Decker, the Atlanta-based retailer’s senior VP U.S. Retail, speaking at the recent Oppenheimer & Co. Consumer Conference.

In January of this year, Home Depot opened its 19th RDC, and the company now serves 100% of its stores through the RDC infrastructure, he said. Not counting special orders, about 40% of the merchandise flow to stores goes through the RDCs. 

Much of the 40 basis points of margin expansion experienced by Home Depot in 2010 came from the supply chain transformation, he said. And as the flow-through reaches 50%, the company expects to capture higher gross margin dollars.

"Many of [the RDCs] have just had their first spring, and the facilities operations will mature and they’ll get more efficient," Decker said. "Then we will put more volume through them; we will add more vendors and continue to lower the cost of goods of flow through the RDCs."

In-stock positions will be another area of improvement, especially in the chain’s lower-volume stores, according to Decker. The RDC system relieves store managers of the concept of "vendor minimums." "You can order one unit, and that’s the whole beauty of the business model," he said.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

HIRI sentiment tracking points to consumer spending

BY HBSDealer Staff

The anticipated cost of planned home improvement projects in June increased 5% to an average of $517 per project, according to the latest monthly update from the Home Improvement Research Institute (HIRI).

The spending average is the highest recorded in the month of June since tracking began in 2008. It’s also the highest since the January 2011 planned-spending average of $548.

Overall, planned-project incidence increased to 49.1%, compared with 48.1% in June 2010.

The monthly survey relies on input from roughly 13,000 respondents per month and measures planning in 29 different project areas around the home.

HIRI is the home improvement industry’s leading source for original research. It is an independent, not-for-profit membership organization comprised of more than 80 forward-thinking companies.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?