GE Supply, Shelton, Conn., has launched GE Supply Logistics, a new GE Supply business unit that will offer customers additional on-site bin-stocking and other inventory management services, following the acquisition of Questron Technology Inc. and its subsidiaries.
Questron provides supply chain management solutions and inventory logistics management programs through two operating units: Questron Distribution Logistics and Questron Aerospace Logistics. Based in Dallas, the business employs close to 400 in 35 locations nationwide. Questron had 2001 sales of approximately $130 million.
According to GE Supply President and CEO Bill Meddaugh, the Questron acquisition provides GE Supply with “an established platform for external Integrated Logistics Management (ILM) growth and productivity. It represents a natural expansion of our value-added service capabilities and offering to our customers.”
GE Supply already provides customers with some on-site materials management services through its Oasis program, said Jason Jones, who has been named president and general manager of GE Supply Logistics. With Oasis, GE Supply works out a consignment arrangement with a customer for a specific list of products from a construction job's drawings, and then makes inventory of those products available at the job site on a consigned basis. The customer has access to stock of these materials on the job site (often in a trailer or container), and GE Supply tracks the customer's usage of these products.