Loop presentation 2014
- 1. Evolution of Barrett Distribution 1941 Founded as Barrett Wool Warehouse with dedicated contract for JP Stevens 1950 Gained reputation as premier 3PL for textile industry in New England 1960 Developed expertise in consumer products supporting Kraft Foods, General Mills, and Union Carbide 1970 Built reputation in industrial products & innovative plant support service like JIT delivery 1980 Early adopter of WMS technology to improve operational effectiveness and inventory control 2007 Refined expertise in retail with robust compliance and EDI systems & capabilities in support of Tier 1 retailers 2006 Opened dedicated contract operation for ED&F MAN in Albany, New York 2005 Implemented Tier 1 WMS to further improve warehouse performance 1999 Opened 210,000 square foot, dedicated contract operation for Best Buy 1990 Sales grew from less than $1 million to over $6 million 2008 Opened dedicated contract operation for Calbee Snack Foods in Fairfield, CA 2009 Opened dedicated fulfillment operations for Advance Auto Parts in Leicester, MA & Rochester, NY 2010 Opened 2nd location in California and expanded footprint in Baltimore. 2011 Acquired 650,000 SF facility in Memphis to expand our nationwide capabilities 2012 Cracked the $30MM mark for revenue as a result of our increased warehouse footprint 2014 Company goal is to reach $50MM in revenue and achieve a productivity goal of 124% across ALL facilities. 2013 Opened 3 new facilities in New Jersey, California and Baltimore, as well as a large cross-dock operation for TJX.
- 2. Reduce cost Improve cycle times and accuracy Elevate customer satisfaction Optimize sell- through Improve returns on capital Barrett's outsourced supply chain solutions improve our client's financial performance and increase shareholder value. We continuously improve methodologies to: Mission
- 3. Design, build, implement and execute supply chain solutions that align to customer goals and requirements Leverage people, process and technology to optimize flexibility, scalability, control and satisfaction High trust relationships drive collaboration, integration and relevance to customers and partners Improve performance and enhance brand loyalty with end customers through the Blueprint process Purpose (Arthur Barrett, President)
- 4. Design Needs Analysis Process Definition Systems Definition Identify MHE Model Productivity and Staffing Build Retrofit Facility Fixture Facility Systems Infrastructure Installation Spec and Procedure Equipment SOW Documentation Implement Dedicated Project Lead and Team Recruit, Hire, Train Systems Testing Contingency Planning Contingencies Manage Labor Planning Client KPI Definition Operating Metrics Quality Performance Management Improve Goal Setting Collaborate Gain Sharing Benchmark EVA & Value Propositions Our Blueprint for Success Barrett’s Blueprint® Process is a proprietary and proven method of assessing your supply chain ‘current state,’ defining physical and information streams in place and creatively building improvements into the design for maximum efficiency and overall performance.
- 5. Why Barrett? Privately held Relationships and desire for long-term strategic partnerships Direct access to senior management and ownership Organic growth strategy driven by execution and relevancy Project management methods and approach delivers accountability Solutions enhances accountability, cycle times, and control Active ownership and leadership Diverse solutions whereby best practices are shared and deployed Training
- 6. Senior sponsors aligned KPI performance Free to do what is right for our customers Quality is paramount; we are ISO 9001-2000 certified Best-of-breed operational, visibility, and management practices Continuous improvement software (CIS) We can deploy personnel and financial resources as required at the pace that is necessary Continuous improvement culture supports repeatable processes and consistency Quarterly business reviews Why Barrett?