Posted March 14, 2022

Stellar Industrial Supply names Supplier of the Year

Stellar Industrial Supply named Milwaukee Tool as its Supplier of the Year award winner for 2021.

In 2021, the two companies helped joint customers save nearly 32 percent, totaling over $603,000, as part of the Stellar Industrial Documented Cost Savings (DCS) program. The synergy and shared values by the two companies toward customer commitment and satisfaction resonated deeply in the marketplace, as the partnership also realized a more than 25 percent increase in 2021 joint sales.

The DCS program aims to foster “Ideal Customer-Supplier Partnerships.” Working on behalf of both parties, Stellar Industrial Supply deploys the most efficient, cost-effective products that optimize plant operations and help run them smartly and safely. Since its inception in 2010, the DCS program has generated over $147 million in cost savings, all of which are customer verified.

The Stellar Industrial Supply Supplier of the Year award recognizes the strong partnership between Stellar Industrial Supply and Milwaukee Tool and their joint commitment to deliver on the Stellar Industrial mission of consistently delivering integrity, exemplary experiences, enhanced value and cost savings to its customers.

"Milwaukee Tool always goes the extra mile while demonstrating full commitment to the Stellar Vision and value proposition. Over and over again, Milwaukee Tool underscores what it looks like to do business with an exemplary partner, and we look forward to continued success in 2022," said John S. Wiborg, Stellar Industrial Supply president and CEO.

At its annual STARS Summit, Stellar also announced that partner Lenox Tools won the Stellar Industrial Supply Documented Cost Savings “Horse Race” award for 2021, while Milwaukee, 3M and Sandvik Coromant all tied for second. The Horse Race Award recognizes partners that work closely with Stellar Industrial Supply to help joint customers they service, reduce or eliminate plant and production inefficiencies.