New Site Offers One-Stop Procurement Solution for Businesses
CHICAGO, June 7 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW), the
leading North American distributor of maintenance, repair and operating (MRO)
supplies, today announced that OrderZone.com ( http://www.orderzone.com ), a Web site
offering businesses a simplified, one-stop source to purchase a wide variety
of products and services across multiple suppliers, is open for
business-to-business e-commerce.
The site offers an array of products from cleaning supplies to office
equipment to electronic components. OrderZone.com is aimed at businesses with
a wide-variety of purchasing needs. The service looks, feels and acts like a
single business where customers only need to complete one easy registration
with one log in to begin doing business with any or all of the six suppliers.
Customers can order products using either credit cards or open account billing
and receive just one invoice.
Grainger believes OrderZone.com will greatly simplify the business
purchasing process by creating a one-stop shopping environment. "Research
shows 40 percent of the total cost of supplies results from the processing and
management of the order," said Donald Bielinski, Grainger group president.
"OrderZone.com greatly reduces the repetitive layer of cost associated with
purchasing important business supplies."
The six suppliers of OrderZone.com represent leading companies in their
lines of business. Grainger Industrial Supply in maintenance, repair and
operating (MRO) supplies; Cintas Corporation, specializing in uniform
programs; Corporate Express, selling office and computer supplies; Lab Safety
Supply, offering safety equipment; Marshall Industries, a leading electronics
distributor; and VWR Scientific Products, selling laboratory and scientific
supplies.
"Grainger's investment in OrderZone.com demonstrates our intent to grow
the business-to-business e-commerce sector," said Daniel Hamburger, president,
Grainger Internet Commerce. "According to Business 2.0 magazine, we are
witnessing the emergence of an Internet economy in which business-to-business
e-commerce accounts for more than 70 percent of all online revenues."
OrderZone.com joins Grainger.com(R) in providing businesses with an
efficient e-commerce solution for business purchasing. "For more than 70
years, Grainger has built its business by providing a convenient source for
companies to buy what they need, when they need it," said Richard Keyser,
chairman and CEO, W.W. Grainger, Inc. "The OrderZone.com and Grainger.com Web
sites continue this trend by providing our tradition of quality and
reliability through this increasingly popular medium."
W.W. Grainger, Inc. (GWW) with 1998 sales of $4.3 billion, is the leading
North American provider of maintenance, repair, and operating (MRO) supplies,
services, and related information to businesses and institutions. GWW shares
are traded on the New York and Chicago stock exchanges. For more information,
visit Grainger online at ( http://www.grainger.com ).
CONTACT: Staci Dolgin-Rubinstein of Grainger Internet Commerce,
847-573-2666, or e-mail, dolgin-rubinstein.s@grainger.com; or Dan Romanoff, of
PR 21, 312-396-9752, or e-mail, dan_romanoff@pr21.com, for Grainger Internet
Commerce.
SOURCE W.W. Grainger, Inc.
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Related links:
http://www.orderzone.com
CONTACT:
Staci Dolgin-Rubinstein of Grainger Internet
Commerce, 847-573-2666, or e-mail,
dolgin-rubinstein.s@grainger.com; or Dan Romanoff, of PR 21,
312-396-9752, or e-mail, dan_romanoff@pr21.com, for Grainger
Internet Commerce
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