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News
Release
For Immediate Release DATE: APRIL
06, 2001
S.P. Richards
Company, a wholly owned subsidiary of the Genuine Parts Company (GPC:NYSE)
and leading wholesale distributor of business and office supplies,
announced today….
S.P. Richards
and DDMS have formed a partnership enabling NT users the capability
to transmit orders to S.P. Richards via the Internet. Internet
transmissions are quicker and less expensive for the reseller.
“DDMS and
S.P. Richards have been working together for almost 20 years, and
the relationship is just growing stronger,” said Charles Russell,
President of DDMS. “While DDMS has certainly benefited, I think
the real winners in the partnership have been S.P. Richards’
dealers, who are enjoying lower costs through capabilities like
TCP/IP-based Internet purchasing, electronic invoicing, and other
labor-saving programs.”
Boyd Rice,
S.P. Richards’ Vice President and Chief Information Officer
commented, “S.P. Richards is excited about partnering with DDMS to
provide our mutual customers, the Independent Office Supply Dealers,
an opportunity to take advantage of the Internet to streamline the
ordering process.”
S.P. Richards Company, a wholly
owned subsidiary of the Genuine Parts Company (GPC: NYSE), distributes
a wide spectrum of business products to office products resellers throughout
the U.S. and Canada. These products include consumable office supplies,
office furniture, computer supplies, consumer electronics, and facilities
supplies from all of the major industry manufacturers. S.P. Richards
Company markets several private label lines under the brand names of
Sparco, Nature Saver, Compucessory, and Elite Image. The company operates
44 Distribution centers in the United States and Canada, including Horizon
USA, its computer supplies subsidiary and Norwestra, a Canadian based
Business Products Wholesaler.
Genuine Parts Company is a diversified
distribution and services company that operates four wholly owned subsidiaries.
The Company is a leading distributor of automotive replacement parts
in the U.S., Canada and Mexico; industrial replacement parts in the
U.S., Canada and Mexico through its Motion Industries subsidiary; office
products nationwide in the U.S. and Canada through its S.P. Richards
Company subsidiary; and electrical and electronic components throughout
the U.S. and Mexico through its EIS, Inc. subsidiary. Genuine Parts
Company had 2000 revenues of $8.4 billion
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