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Cooper Industries Awarded Fifth Annual Richard Buzun Award for Innovations in Online Business and eCommerce
Oct 07, 2011 (03:10 PM EDT)
Cooper Honored for Innovative, Efficient and Cost-Effective Solutions
DUBLIN, Oct. 7, 2011 /PRNewswire/ -- Cooper Industries plc (NYSE: CBE), a global provider of electrical solutions, was recently named the recipient of the fifth annual Richard Buzun Award by business-to-business technology service provider, IDEA. Chosen for their innovative, efficient and cost-effective solutions, Cooper has solidified its stance as a company heavily invested in the future that continues to develop and adopt more productive ways of conducting business with local and global trading partners alike.
To help make data transmission as turn-key as possible for its more than 500 global trading partners, Cooper utilizes a state-of-the-art electronic data interchange (EDI). Conducting more than 600,000 transactions each month, the system makes it simple for trading partners to do business with Cooper. To expand its reach and engage additional markets, Cooper recently added its first Asian Pacific EDI partner. Cooper has also taken a leadership role in providing accurate, real-time data customers demand through their Industry Data Warehouse (IDW). Here, business partners can access all necessary information in a timely and simple manner.
Understanding that an easy-to-use website is also vital to a company's success, Cooper chose to revamp its main site – www.CooperIndustries.com - to seamlessly integrate all of its core businesses. The redesign provides customers with a singular hub to search all Cooper products and includes updated navigation for ease-of-use. In addition to benefiting customers, the redesign also has helped streamline site management allowing Cooper to move from 16 separate content management systems to one comprehensive solution. The new site provides customers with a united look and feel across all divisions to more easily serve each individual's needs.
"We are truly honored to receive the Richard Buzun Award from IDEA," said Cooper Industries CEO Kirk Hachigian. "It means a great deal to us and further validates all of the hard work and effort our team has put towards our long-term goal of making business easier and more cost effective for our customers. We aim to build off of this award as we look to develop new, refreshed ideas for the future."
The award, honoring the late Richard C. Buzun, is given out once a year. It was created to honor one manufacturer and one distributor company for reaching the highest standards in eBusiness and promoting eCommerce best practices in the electrical supply chain.
To learn more about Cooper Industries, visit www.cooperindustries.com.
About Cooper Industries
Cooper Industries plc (NYSE: CBE) is a global electrical products manufacturer with 2010 revenues of $5.1 billion. Founded in 1833, Cooper's sustained success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards and meeting customer needs. The Company has seven operating divisions with leading market positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2010 fifty-nine percent of total sales were to customers in the industrial and utility end-markets and thirty-nine percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2011. For more information, visit the website at www.cooperindustries.com.
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SOURCE Cooper Industries plc