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Premier Bearing wins Festo 'Premier Stockist of the Year' award
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.
ENDS
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.
About Festo
Festo is a leading international supplier of automation technology. With its innovations and problem-solving expertise in the field of pneumatic and electrical automation, the company has established itself as the performance leader in its sector.
Festo's innovative strength is demonstrated by around 100 new products which it launches every year, as well as its R&D ratio of 8.5% and the 2,900 patents it holds world-wide. Its new approach to product development, using bionics and biomechatronics within the framework of the Bionic Learning Network, represents a true first in the field of automation technology. For more information about the company's products and services, please visit: http://www.festo.co.uk.
Festo Training & Consulting specialises in the development of people, organisation and technology. Offering a range of open courses, structured development programmes and tailor-made, customer-specific projects. Festo trains over 42,000 delegates worldwide every year. It is the proud recipient of a 1* Accreditation in the Sunday Times Best Companies Accreditation Scheme; Company of the Year in the Food Processing Awards; and Midlands Medium Employer of the Year in the National Training Awards. More information on the organisation and the training and consulting services available can be found at http://www.festo-didactic.co.uk.
For further information please contact:
Nicola Meadway, Festo Ltd, Technology House, 1 Fleetwood Park, Barley Way, Fleet, Hampshire GU51 2QX, UK. Tel: +44 (0)1252 775000; Fax: +44 (0)1252 775015; http://www.festo.com; email: nicola_meadway@festo.com
or
Premier Bearing Co Ltd, Chaucer Street, Northampton NN2 7HB, UK. Tel: (0)1604 718107; Fax: (0)1604 720654; http://www.premierbearing.co.uk; email: web@premierbearing.co.uk
Press release issued by: Nick Leatherdale of Wordsun Ltd. Tel: +44 (0)1202 856000; email: nick@wordsun.com
Magazines in Ireland
Please contact: Sonja Ferguson, Festo Ltd, Unit 5 Sandyford Park, Sandyford Industrial Estate, Dublin 18, Republic of Ireland. Tel: +44 (0)7590 043250; email: sonja_ferguson@festo.com
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