OHS Canada Magazine

Press Release

The Power of One Source in a Tent


Montreal, May 27, 2004
West-Island based Tenaquip Industrial Equipment and Supplies is holding its fourth annual Tent Event on Friday, June 4th at its Ste-Anne-de-Bellevue grounds. The yearly customer appreciation day is designed to strengthen business ties by providing a venue for suppliers to exhibit new products and services and for customers to participate in free seminars and other networking activities with peers and associates. This years theme, The Power of One Source, focuses on the value of relationship-building with a single industrial supplies distributor to maximize purchasing power.

The Power of One Source also extends to the Tent Events community focus. This year, proceeds from a silent auction will benefit Centraide Canada, a single organization that raises funds on behalf of a network of community agencies and projects, in an effort to improve lives and build community by engaging individuals and mobilizing collective action.

Tenaquip has been supplying Canadian industries for over 36 years. The company has witnessed and embraced a new trend in supply chain philosophy, “single-sourcing” or “all-in-one purchasing” whereby a sole distributor meets all customer purchasing requirements. Once relegated to peripheral activities, with purchasers consistently sourcing from the lowest bidder alone, supply chain management is becoming a far more sophisticated activity. Purchasers are pressured to streamline the process while getting the best value for their tight budgets. In light of this, Tenaquip has implemented its own internal changes, introducing new products and programs that encourage purchasers to deal with a single supplier in order to cut costs, reduce delivery times and produce bottom-line results.

This years Tent Event is part of that same commitment to keep customers informed on products, services and purchasing practices. Among the highlights of the Event are a visit by Mr. Hori, President of Japanese power-tool giant Makita, one of the world’s largest manufacturers in its field. Another is a free purchasing seminar hosted by Rod Sherkin, founder of www.propurchaser.com, open to all purchasing managers from the Montreal area.

Tenaquips President Ken Reed says, Our Tent Event is held to give customers a chance to see whats new and how we can provide it for them in the most reliable, efficient and cost-effective manner. Its a chance for us to improve services to customers, to help meet their requirements and build lasting relationships by meeting those needs. The event also gives Tenaquip a chance to give back to the community through a fund-raising activity which this year consists of a silent auction, the proceeds of which will be donated to Centraide Canada.

Come and enjoy a day of business, networking and fun; and join us for a delicious BBQ lunch! For details on the Tenaquips Tent Event in Montreal on June 4th, visit: www.tenaquip.com or call: 1-800-661-2400.

Tenaquip was founded in 1968 by its president, Ken Reed. The company employs over 260 people, operating out of more than 250,000 square feet of offices, warehouses and showrooms in Montreal, Toronto, Brantford, Cambridge, Belleville, Kingston, Ottawa and Cornwall, and distributes over 110,000 brand name products.

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