5/22/2008
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Hastings Given Polk Inventory Efficiency Award at GAAS
Hastings Manufacturing, was recognized yesterday with R.L. Polk’s Fourth Annual Inventory Efficiency Awards in the manufacturing and retailer/distributor categories.
By Mark Phillips, Editor, Counterman Magazine
Hastings Manufacturing, was recognized yesterday with R.L. Polk’s Fourth Annual Inventory
Efficiency Awards in the manufacturing and retailer/distributor
categories. The awards were presented during the Global Automotive
Aftermarket Symposium (GAAS) in Chicago.
“All of the companies who submitted an application to this year’s
awards have demonstrated an outstanding commitment to taking on this
challenge in investing in projects aimed at increasing inventory
efficiency,” said Mark Seng, vice president for Polk’s global
aftermarket business.
Award submissions were reviewed by a committee of aftermarket
industry leaders, Seng said. Committee members had no ties to an
organization submitting or winning an award, he added.
To garner the award, Hastings:
Created a real-time, state of the art order fulfillment process
*Achieved a 106 percent increase in pull and ship efficiency
*40 percent reduction in shipping errors
*98 percent same-day order fulfillment
*100 percent on-time, 100 percent order fulfillment rate for five-day stocking orders
For more information about Hastings, visit
www.hastingsmfg.com.