Graybar Electric Co Inc

By: Bubbajunk.com

Graybar is a Fortune 500 company and a leader in the supply chain management services as these are efficient and cost-effective solutions for customers and the companyÂâ€Ã¢„¢s suppliers. It has been recognized as one of the best North American distributors of high-quality components, equipment and materials for the electrical and telecommunications industries. With roots tracing back to1869, Graybar procures, warehouses and delivers every kind of electrical, communications and data product, component or related service to its customers; stocking and selling thousands of items from as many manufacturers.

Elisha Gray, the inventor along with Enos Barton, an entrepreneur laid the foundation of Gray & Barton in Cleveland in 1869. In 1872, this became Western Electric Company, supplying telegraph components to the Western Union Telegraph Company and following the invention of the telephone, Western Electric became the exclusive manufacturer of the telephone equipment for the Bell System and by the early 1900s, Western had grown to be one of the largest manufacturing concerns in the world.

The company currently has brought in more than $4 billion in revenue in 2004- commendable and largely made possible by its considerable staff of 7,100 men and women at more than 250 distribution centers throughout the U.S., Canada, Mexico, and Puerto Rico, making it one of North AmericaÂâ€Ã¢„¢s largest employee-owned companies. (Graybar employees bought their company in 1929 and the corporate headquarters moved from the Graybar Building in New York City to St. Louis in 1982).

The company envisages a bright future for itself and its associates as it is committed to adding value for customers by anticipating, identifying and providing cost-effective solutions for all their needs related to Graybar. It aims at being the first and only choice for its suppliers by offering them cost-effective and efficient ways to bring their products, services and solutions to mutual customers.