Stellar Industrial Supply Names 3M its 2023 Supplier of the Year Award Winner
Documented Cost Savings Program saves customers nearly $20 millionin 2023
Tacoma, WA, January 18, 2024 — Stellar Industrial Supply, which distributes more than 90,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands for Safety, Metal working, Marine Supply, Aerospace, and other general manufacturing and processing organizations, and also offers customized Indirect Material Management, today named previous, multi-year winner 3M as its Supplier of the Year (SOY) award winner for 2023. The award is based on participation in the Stellar Industrial Supply Documented Cost Savings (DCS) program, which overall saved customers nearly $20 million in 2023. To qualify, supply partners must generate at least 15% savings for customers based on DCS guidelines.
Kevin Diamond, Regional Distribution Leader, 3M, was alsonamed as the first individual Stellar Supplier MVP. Commenting on both awards, Chris Dujovski, U.S. & Canada Channel Leader, 3M Safety & Industrial Business Group said: “3M is incredibly honored to receive the Supplier of the Year Award & Supplier MVP Award. Our strategic partnership with the Stellar Industrial team has been built over many years, driven by ashared mission to solve complex challenges and provide enhanced value to our customers. We have a great deal of respect and admiration for the Stellar organization, and are incredibly excited to continue strengthening our business performance and taking our relationship to new heights.”
The Stellar DCS program aims to foster “Ideal Customer-Supplier Partnerships.” Working on behalf of both parties, Stellar Industrial Supply deploys the most efficient, cost-effective products that optimize plant operations and help run them smartly and safely. Since its inception in 2010, the DCS program has generated over $188M in cost savings, all of which are customer verified.
“Productive and enjoyable, long term business partnerships are enviable. We are ecstatic to continue our ongoing work with our extremely valued partner 3M. The SOY award underscores the total commitment by 3M to deliver on the Stellar Industrial mission to consistently deliver integrity, exemplary experiences, enhanced value and cost savings for our customers,” said Stellar Industrial Supply President and CEO John S. Wiborg.
Stellar Industrial Supply provides coast-to-coast support for its customers with 19 regional hubs including: Portland, OR, Albany, OR, Everett, WA Tacoma, WA, Seattle, WA, Spokane, WA, Los Angeles-Metro, Upland, CA, Central Valley, CA (San Luis Obispo, Ventura), Salt Lake City, UT, Sparks, NV, Denver, CO, Billings, MT, Phoenix, AZ, Knoxville, TN, Memphis, TN, Lawrence, PA, and Tampa, FL.