Weston, FL, Feb. 12, 2016 (GLOBE NEWSWIRE) --
Dewan & Sons India, a leading Houseware articles export house is now establishing a presence in the United States, and PFWI, the North American leader in contract logistics, today announced the signing of a strategic agreement to undertake JIT distribution to all Dewan customers in North America. “The value-added warehousing and distribution (VAWD), dedicated contract carriage (DCC), domestic transportation management (DTM) of PFWI coupled with JIT and lean inventory management will be a significant cost savings for Dewan” said Victor Petrone, CEO of PFWI
“The service includes Direct Store delivery of Dewans products to retail stores, thereby bypassing a retailers distribution center to increase inventory turns and reduce margins for Dewan” Victor Petrone, CEO.
PFWI will be serving the following Dewan’s clients in North America:
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This strategic alliance with Petrone creates increased real-time communication with our purchasing agents and creates a new service which is preferable, allowing reduced Minimum Order Quantities (MOQs), so that smaller, more frequent orders can be placed offsetting long-term risks of holding too much inventory” said Surender Gandhi , President of Dewan & Sons.
“The services includes Direct Store delivery of Dewan’s products to retail stores, thereby bypassing a retailers distribution center to increase inventory turns and reduce margins for Dewan” said Sanjay Magazine, Procurement & Strategic Sourcing of PFWI.
“With all the Port delays, planning for safety stock has become all that much more of a key component to reducing fulfillment costs. Supply Chain operation efficiency of Petrone will bring optimum results with minimum budget. This will be a win-win tie up for all parties, “Said Joginder Gandhi, Vice President of Dewan & Sons.
About Dewan
Dewan & Sons is a manufacturer in India focused on the production of articles of Brassware, Copperware, galvanized & wrought iron, aluminum ware, stainless steel utensils , EPNS and EPSS for luxury brands and mass merchandisers in North America and Europe in the houseware, furnishings marketplace. They offer, lighting, textiles, bath ware, décor, outdoor and garden products. The in- house design team works closely with leading design houses to bring new collections for every season and provide an unmatched combination of inspired design, high quality and unparalleled value.
About PFWI
Petrone Worldwide, Inc. Petrone Worldwide (PFWI) is a leader in food Service hospitality with global operations. Besides undertaking third party logistics for overseas manufacturing companies attempting to sell their goods in North America, PFWI sells and markets products under its own proprietary name and acts as a distributor for a wide variety of companies to the hospitality trade
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