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SupplyPro Achieves Record Results 2010

Dépèche transmise le 23 mars 2011 par Business Wire

SupplyPro Achieves Record Results 2010

SAN DIEGO--(BUSINESS WIRE)--SupplyPro, the premier provider of Point-of-Use (POU) inventory management solutions, today announced record revenues for 2010, with 42% growth over 2009. As a result, the company increased staffing by 20% and significantly ramped up product development initiatives for 2011.

“2010 was a breakthrough year for SupplyPro”

The global recession in 2008 and 2009 has led to an increased demand for SupplyPro’s Point-of-Use solutions. Industries are seeking new ways to streamline operations and control costs, all while providing employees with the materials needed to keep up with production demand in lean environments.

“2010 was a breakthrough year for SupplyPro," said David J. Simbari, President and CEO of SupplyPro, Inc. “We not only met, but exceeded our financial goals. With additional revenue and new capital from our investors we have significantly increased our global marketing and partner sales while accelerating planned product development initiatives. We are focused on introducing new, cost-effective and, as always, fail-safe products that will bring additional innovation to our global customer base in the near future.”

In 2010, SupplyPro crossed a significant milestone of approximately 5,000 installations in 39 countries. With 16+ years of expertise in a wide range of industries, SupplyPro is the industry leader in the successful deployment of Point-of-Use solutions.

2011 has already yielded a revamped corporate website, www.supplypro.com, with easy to use savings calculator, the latest product and industry information and a new portal with sales tools developed specifically for our partners. New product innovations will be announced in April with others to follow during FY 2011.

About SupplyPro – Simplicity that Delivers

SupplyPro, Inc. is the premier provider of Point-of-Use (POU) inventory management solutions with over 5,000 installations in 39 countries. Our solutions bring proven simplification to the distribution and management of MROP, safety and tooling supplies at the work cell. They are easily adaptable to customers’ business environments to deliver the industry’s highest return on investment. SupplyPro is the industry-leader in interfacing with existing ERP and supply chain systems. For more information, visit www.supplypro.com, email [email protected] or call 1.513.671.4933 x 107.