Chicago, IL-based Grainger, broad line distributor of facilities maintenance products, will combine its Lab Safety Supply (LSS) and Grainger Industrial Supply businesses, President and CEO James Ryan announced at the distributor’s annual analyst meeting.
Our Lab Safety business has under-performed,” Ryan said during the analyst meeting. “We’ve hit a wall with growth … We are going to take aggressive action to unlock the potential of that business.”
The company says the combined businesses will allow Grainger to leverage volume with suppliers for better pricing, improve product assortment and information, better logistics service for Lab Safety Supply and Grainger customers, and optimize the existing network for better service and cost.
Mike …
Grainger to Combine Lab Safety Supply, Industrial Supply Businesses – UPDATED
Chicago, IL-based Grainger, broad line distributor of facilities maintenance products, will combine its Lab Safety Supply (LSS) and Grainger Industrial Supply businesses, President and CEO James Ryan announced at the distributor’s annual analyst meeting.
Our Lab Safety business has under-performed,” Ryan said during the analyst meeting. “We’ve hit a wall with growth … We are going to take aggressive action to unlock the potential of that business.”
The company says the combined businesses will allow Grainger to leverage volume with suppliers for better pricing, improve product assortment and information, better logistics service for Lab Safety Supply and Grainger customers, and optimize the existing network for better service and cost.
Mike …
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