Commodity Management
Commodity management is a single supply
provider of products. Commodity management
focuses on product groups rather than an
entire range of product categories. Hubbard is
a commodity manager within two commodity
groups: industrial supplies and electronics.
Although the product groups will vary from
customer to customer, the benefits of a
streamlined procurement process, cost savings
and product standardization remain the same.
Integrated Supply
An integrated supply program is an agreement
between Hubbard Supply Co. and a customer
to become the single-source supplier for all
product categories. The integrated supply
program combines the materials purchasing,
storage, delivery and payables processes to
minimize redundancy and accelerate continuous
improvement. This allows for a drastic reduction
in vendors and transactions, resulting in better
pricing, product standardization, inventory
reduction and increased workplace efficiencies.
Third Party Integrated Materials Manager (3PIMM)
A 3PIMM program is an agreement between Hubbard
Supply Co., its partner company HDI (Hubbard Direct Inc.),
and a customer to become the single-source solution
for all indirect procurement services and product. The
3PIMM program combines the people, process and
systems as well as materials purchasing, storage, delivery
and payables to minimize cost and redundancies while
fostering continuous improvement. This allows for a
drastic reduction in vendors and transactions, resulting
in better overall costs, product standardization, inventory
control and workplace efficiencies.
Point-of-Use (POU)
A point-of-use, or POU program
allows for availability of repetitive
products near the end user. POUs
eliminate trips to cribs or stockrooms,
allowing your employees to be
more efficient. POUs also eliminate
secondary storage areas and give
greater control over products and
expenditures, if applied correctly.
Hubbarddirect.com
Hubbarddirect.com is a tailored e-commerce solution
that allows our customers to manage the procurement
of maintenance, repair, and operational products. There
are two modules within hubbarddirect.com: POU, which
is dedicated to managing items for crib or point-of-use
personnel, and spot buy, which supports users authorized
to purchase non-repetitive material. Unlike traditional
e-commerce solutions, Hubbarddirect.com is tailored to
meet each customer’s needs.
Cost Savings Documentation
Our qualified sales representatives
work with our customers, from buyers
to plant managers, to identify cost
savings opportunities and then to
implement them. Once in place and
approved, we provide documentation
to the customer. We also monitor
ongoing activities to ensure that we
meet or exceed cost savings initiatives
as well as continually identify cost
savings opportunities.
Vending Solutions
Our customized vending systems
are used by our customers in
manufacturing plants to help
them achieve supply chain and
shop floor optimization, which is
accomplished through inventory
management and reduced tooling
and labor costs.
Hubbard Supply develops customized
programs to streamline the acquisition
process, costs and usage patterns for
our customers. Programs can range
from the very simple to the highly
integrated and complex.
We work with our customers to
determine the best program to fit
their needs. This could be anything
from sending scheduled shipments
of product, managing a customer’s
inventory utilizing a VMI process to the
implementation of a highly complex,
multi-location procurement system.
Internal cost savings
Cutting-edge resources
Alternative solutions
Customized delivery
Professional training
Technical support
Hard-to-find procurement
Customized reporting
Product consolidation
Product standardization
Potential system integration
National Accounts:
broader potential for multi-location
customers spanning significant geographies
As an owner-member of the supplyFORCE National
Accounts, Integrated Supply and Procurement Services
Program, Hubbard Supply Co. and our valued customers
have access to over 175 distributors with 2,900 stocking
locations ranging in areas of expertise in electrical,
industrial, safety, and pipe, valves and fittings with
annual revenues exceeding $18 billion. Headquartered
in King of Prussia, Pennsylvania, supplyFORCE delivers
process, inventory and product cost savings for large
industrial businesses, with local expertise and fulfillment
to meet the needs of the local plants. For more detailed
information regarding supplyFORCE, please visit their
website at
or contact your local
Hubbard Supply Co. representative.
