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Houston Wire & Cable Company (NASDAQ: HWCC)

Started by Andrew caldwell Martin, October 28, 2014, 11:15:28 AM

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Andrew caldwell Martin



Houston Wire & Cable Company (NASDAQ: HWCC)

About Us

Founded in 1975, Houston Wire & Cable Company (NASDAQ: HWCC) is one of the largest distributors of electrical wire and cable and related services in the U.S. industrial distribution market. The June 2010 acquisition of Southwest Wire Rope, LLP and Southern Wire, LLC broadened the Company's product offering to include mechanical wire and cable and related hardware. With strategically located sales and distribution centers throughout the U.S., our team is focused on providing a single-source solution. We are committed to providing our customers value by offering high levels of industry experience, superior customer service, and a large selection of quality in-stock items.

HWC has $100 million of available inventory encompassing approximately 30,000 products from the industry leading manufacturers of electrical and mechanical wire and cable. Our goal is to provide our customers with the right product, at the right place, at the right time.

HWC is a publicly traded company on the NASDAQ exchange under the ticker symbol HWCC.

Mission Statement

Houston Wire & Cable Company (HWC) is committed to providing all employees with a safe workplace, the opportunity to be proud of the quality of the products and services we provide, and the long-term satisfaction of our customers, suppliers and investors.

Quality Policy

It is the policy of HWCC to manage our daily activities in accordance with our stated procedures and mission. HWCC is committed to meeting customer, statutory and regulatory requirements, with the aim of enhancing customer satisfaction. HWCC is committed to continually improve the effectiveness of the quality management system.

Quality Policy

HWCC, a leading supplier of electrical and electronic wire and cable shall

    Strive to satisfy and exceed our customer's need and expectations.
    Conform to all requirements of our customers, ISO 9001 applicable statutory and regulatory requirements.
    Establish quality consciousness in our suppliers.
    Cultivate and maintain a safe and efficient quality culture for all employees.
    Cultivate and maintain the commitment to continual improvement and communicate our goals and objectives to every employee.

Quality Objectives

HWC will ensure that the following objectives are communicated and understood within the organization.

    Strive to achieve 99% on time shipment and order accuracy.
    Annual Physical Inventory discrepancies of less than 0.1% of inventory.
    To analyze all purchase, sales and warehouse errors each month and reduce it.
    To target approved RMA's processing within 48 hours of receipt.
    To lower shrink by 3% or more each year.
    Ensure 100% employee awareness on safety issues and use of Personal Protective Equipment.



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