March 5, 2012 --- Northampton-based Premier Bearing has won the prestigious Festo 'Premier Stockist of the Year' award for outstanding performance in 2011. The award is presented to the company within the Festo Premier Stockist network that shows the best sales growth of Festo products for the year, combined with demonstrable gains in operational efficiency - evidenced by over 90% usage of the Festo on-line shop - and the highest level of commitment to strategic campaigns.
The award was presented to Steve Sizer, Managing Director of Premier Bearing, by Stuart Gittins, Festo's Indirect Sales Manager.
"This award complements an exceptional year with Festo and highlights the hard work, commitment to technology and excellence within the Premier Bearing sales force", says Steve Sizer. "We are very pleased to have won the title of Premier Stockist for the first time."
Sizer points out that the award is the result of a collaborative effort: "We have always worked in partnership with Festo taking many of our customers to Festo HQ in Northampton to discuss projects in detail, or to participate in Festo training courses. Our success is built on providing fast, cost-effective and knowledgeable service alongside efficient local distribution. I would like to thank everyone within Premier Bearing for their hard work throughout 2011, and Festo for its support and high level of service."
According to Festo's Stuart Gittins, "Premier Bearing has demonstrated excellence in product campaigns, promotional activity, training commitment and process efficiency. It returned the best year-on-year growth of its Festo portfolio, principally by providing an exceptional level of service to its customers in the Northampton and surrounding areas."
"The company also operates a highly professional and service-oriented business, meeting its customers' needs", adds Gittins. "Premier Bearing has established an enviable reputation with many leading industrial companies in the field."
The level of service provided by all Festo Premier Stockists aims to be exemplary; only companies that meet specific Festo-defined standards are granted the title. In particular, each stockist must operate in accordance with the ISO 9002 standard, carry guaranteed stock levels, and offer fully-trained technical support personnel and competent trade counter services. Each stockist has direct access to over £35 million worth of stock held at Festo's European Customer Services Centre in Germany, enabling them to offer customers next-day delivery of virtually any pneumatic component, from a range of over 23,000 products.
About Premier Bearing
Premier Bearing is a leading provider of bearings, power transmission, pneumatics, industrial and engineering supplies. The company also works as a Maintenance, Repair and Overhaul (MRO) partner with numerous organisations across a broad spectrum of industries. Established more than 40 years ago in Northampton, Premier Bearing's extensive range of services include Vendor Managed Inventory (VMI) using second generation Industrial Vending Machines, direct to site managed stock programmes and specialised outsourcing support. A 24/7/365 service is provided.
Premier Bearing has recently introduced a comprehensive on-line ordering facility, providing customers with easy access to more than 80,000 standard catalogue products. For more information, please visit: http://www.premierbearing.co.uk.
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