Zion, IL-based Mid-Way Supply announced steps it is taking to stay competitive during the current economic downturn while preparing for its future success.
Zion, IL-based Mid-Way Supply, a supplier of heating, ventilation and
air conditioning products to dealers throughout Chicagoland, announced steps it
is taking to stay competitive during the current economic downturn while
preparing for its future success. The company has designed a financial and
operational plan for the short and long haul. Mid-Way partnered with a business
consulting firm to address its business and financial challenges. “We’re
already seeing benefits,” said Dennis Wierzbicki, chief operating officer.
The plan identifies the geographic areas where
Mid-Way can provide the highest levels of service and the brands it must carry
vs. those that can be phased out. It also streamlines inventory
For example, because more than 90% of its sales and accounts are located in the
greater Chicagoland area, Mid-Way has opted to exit the Rockford, IL, market
where it has maintained an operation for more than 10 years. Munch’s Supply
Co., New Lenox, IL, is assuming responsibility for Mid-Way’s American Standard
territory, which was handled by its Rockford facility.
The company said that low-demand products will no longer be kept in stock but
will be available on a special-order basis.
planning and maintaining rigorous budgeting and expense control measures, we
are paving the way for continued success,” Wierzbicki said. “We are confident
that 2010 will be a productive and profitable year for Mid-Way.”
Mid-Way Supply Shares Growth Strategy
January 1, 2010