Innovative Program Featuring Exclusive SmartKey™ Lock Demonstrates Jobsite Value Engineering and Supply Chain Efficiencies
LAKE FOREST, Calif. – January 20, 2009 – Kwikset®, a leader in the home improvement industry, today shared details on the successful market introduction of its SmartSupply builder purchasing program, demonstrating sustainable and scalable value in streamlining the hardware distribution process for national and multi-regional builders. SmartSupply, a 2008 KB Home "Supply Chain Innovation" Award recipient, helps reduce costs, increase profits and improve jobsite efficiency by minimizing distribution channels and simplifying the purchasing process. At the core of the SmartSupply program are the tangible benefits of offering builders greater purchasing efficiency, on-site delivery, integrated computer inventory systems, and access to the full line of Kwikset’s exclusive SmartKey locks.
"In today’s economy, cost-savings are key for every business and that’s exactly what Standard Pacific’s strategic partnership with Kwikset does -- generate cost savings through supply chain innovation. There’s no question when it comes to the hardware provider that’s right for our company," said Ken Pinto, national purchasing manager, Standard Pacific.
SmartSupply Powered by Hyphen Solutions
With the help of technology developed by industry-leading solutions provider Hyphen Solutions, Ltd., the SmartSupply program enables national and multi-regional builders to order from the field, process orders in real time, track invoices online, and access a detailed audit trail. The program utilizes Hyphen’s SupplyPro® scheduling and collaboration tool, in partnership with a jointly developed Kwikset interface. The Hyphen Solutions system allows the distributor, builder and Kwikset to access information on usage history and future demand, enabling higher levels of productivity, decreased inventory errors and increased control over the process. "As a value-add partner to our builder customers, Kwikset goes beyond simply providing a quality and cost-effective product. We build innovation into every aspect of how we do business, and that means making it easier for our customers to work with us, and manage their business," said Tim Goff, director, Field Sales West, Black & Decker.
SmartKey Strengthens Program Offering
A featured product line offered through the SmartSupply program is the SmartKey lock, which is available in the Kwikset Signature Series line. With the patented side-locking bar technology which replaces the traditional pin and tumbler design, SmartKey locks are resistant to lock bumping, and can easily be re-keyed in 30 seconds or less, eliminating many of the hassles and complexities associated with traditional re-keying processes. The additional security of SmartKey can be used as a significant feature when selling new homes. All SmartKey enabled locks are included in the SmartSupply program. Top styles selected by builders include: the Kwikset Signature Series, Kwikset 660 Deadbolt, and Cove. As part of the SmartSupply program, builders can choose from a variety of wholesale and distribution packages that include inventory upgrades, quick shipments, small dealer support, jobsite delivery, installation services, outside sales forces and service warranties. Through the unique benefits of the SmartSupply program and innovative SmartKey technology, Kwikset is changing the traditional look of the hardware supply industry for builders of all sizes.
About Hyphen Solutions Ltd.
Hyphen Solutions Ltd. supplies 17,000 users with an industry-leading supply chain management, collaboration, and scheduling solution for America’s most respected homebuilders and their business partners. Hyphen’s unique technology delivers greater operational control, better communication and increase productivity for both homebuilders and their building partners who use the BuildPro and SupplyPro applications. For more information, please visit www.hyphensolutions.com.
About Kwikset®
For more than 60 years, Kwikset, manufacturer of America’s most trusted name in security, has provided beauty, security and peace of mind for millions of families. For additional information on Kwikset products, call 1-800-327-LOCK or visit www.kwikset.com. Black & Decker Hardware and Home Improvement (BDHHI) Group is a division of Black & Decker, the world’s largest producer of power tools, power tool accessories and security hardware. Today, the BDHHI Group includes some of the most Recognizable hardware and home improvement brands in the world including Kwikset, Weiser Lock®, Baldwin®, Price Pfister® and K2™Commercial Hardware by Black & Decker.