IDEA, the official technology service provider and eBusiness standards body of the electrical industry, recently announced Hubbell Incorporated and Kirby Risk Electrical Supply as the manufacturer and distributor recipients, respectively, of the sixth annual Richard Buzun Award for Leadership and Innovation in eBusiness. Bob Gaylord, president & CEO, IDEA, announced the winners during the IDEA E-Biz Forum 2012 (idea-ebizforum.com) in Dallas, TX.
“The 2012 winners are especially commended for their eBusiness leadership, continuing commitment to industry initiatives and incorporation of new technology to the benefit of not only themselves, but also their trading partners and the industry as a whole. Both have led by example and given back to the industry by sharing their best practices, methodology and resources,” said Gaylord.
Phil Barrios, Senior Director, eBusiness & Marketing, Hubbell Incorporated, and John Burke, President, Kirby Risk Electrical Supply, accepted the awards on behalf of the winning companies.
“Hubbell Incorporated is delighted and honored to accept the manufacturers’ 2012 Richard Buzun Award. We are grateful to our trading partners, IDEA and the industry for recognizing our long history of eBusiness leadership with this achievement. As a charter member of IDEA and avid supporter of standards development, Tim Powers, our Chairman and CEO, has guided Hubbell to make data excellence a priority,” said Barrios. “This has enabled us to leverage data sync to drive everything from catalog content for our distributors to master data for our vendor managed inventory (VMI) initiatives. We continue to support the industry through “data as a product” and hope to share best practices from our experiences to spread the benefits across the industry,” added Barrios.
“Kirby Risk Electrical Supply is honored to be recognized with the Richard Buzun Award for eBusiness leadership. The achievement acknowledges our commitment to the industry by dedicating resources to major industry initiatives such as the NAED Strategic Technology Task Force, using vendor scorecards to improve collaboration, and using the Industry Data Warehouse (IDW) to synchronize product data for nearly 98% of stock items for Tier 1 & 2 vendors,” said Burke. “Extremely high levels of data quality have enabled Kirby Risk and our manufacturer partners to achieve significant ROI in programs like vendor managed inventory (VMI), which manages 80% of our stock, and advanced product searching on our website. We are grateful for the support of our partners and for the recognition of our efforts,” he added.
The Richard Buzun Award was introduced in 2007 to recognize manufacturer and distributor companies that demonstrate leadership by implementing and promoting successful eBusiness programs throughout the electrical industry. The award is named after the late Richard Buzun, former IDEA Chairman, and former president and CEO of Siemens Energy & Automation, Inc.
About IDEA: IDEA is the official technology service provider and eBusiness standards body of the electrical industry. The company helps thousands of electrical manufacturers and distributors find the most cost-effective methods for running day-to-day business. IDEA’s applications help connect the supply chain and make business processes efficient, easy and enjoyable for people every day. IDEA was founded in 1998 through a partnership rooted in the collective leadership of the National Electrical Manufacturers Association (NEMA) and the National Association of Electrical Distributors (NAED) members. Their applications also bring value to vertical markets such as industrial, retail, and consumer-packaged goods. IDEA is headquartered in Arlington, VA (idea-esolutions.com).
About Hubbell: Hubbell Incorporated, started in 1888, is well known for its industry leadership in product innovation, market development and continuous support of the electrical distribution channel. With 2011 revenues of $2.9 billion, Hubbell offers a variety of quality products and services for applications in non-residential and residential construction, industrial and utility markets. The company is comprised of over 50 name brands which operate under three primary business groups; Hubbell Electrical Systems, Hubbell Lighting and Hubbell Power Systems. For more information about Hubbell, its history and eBusiness capabilities, please visit www.hubbell.com.
About Kirby Risk Electrical Supply: Kirby Risk Corporation is a multi-faceted company dedicated to understanding and meeting their business partners’ needs with innovative, effective solutions. Their experience and network of resources provide customers with reliable technical assistance, logistics management, communications systems and quality products that not only meet their requirements, but also enhance their competitive position. Kirby Risk Electrical Supply provides high-quality, state-of-the-art electrical, automation, lighting and power distribution solutions to people responsible for maintenance, design and installation of electrical systems. For more information, visit www.kirbyrisk.com.