As another festive season draws near heralding the closure of another fiscal year, I must admit to feeling quite optimistic, even a tad excited about what we can expect from 2018.
From recent conversations with customers and colleagues in the industry, It appears the optimism could be contagious with many others also sensing gaining momentum for a brighter outlook next year.
Needless to say we wont go into the politics of the “how’s-and-why’s” of trumpeconomics. However I think it is more than just coincidence the present economy is showing signs of life again and lets face it, seems awhile since it’s had a pulse at all.
Your calls this year kept us busy and as a result, rewarded us at SPE, with a great annual result. We were blessed with positive KPI’s in both sales and growth. Also we achieved goals in the implementation of step change improvements in our warehousing and inventory management.
My friends, many of these gains would not have been possible without your support and valued patronage throughout the year.
On that note and on behalf of myself, and our dedicated team of part sales pro's, I would like to take the opportunity to convey our most sincere thanks and gratitude to you all, our customers and partners, for your trust in our business and products, during 2017.
Our new trading name and logo, for the “Down Under” business
SPE Brand heading "DownUnder"
With the improved outlook mentioned above, a long time goal that has been in the pipeline for quite a while, finally came to fruition a few weeks back after months of preparation.
We finally pulled the trigger on the planned expansion of our SPE and SRP brand, “down under” specifically, in Perth, Western Australia.
Our customer base there and in New Zealand has been steadily growing and with it, the demand for us to have inventory available on the shelf there.
The logistics for getting our products to their continent from the US, can be a slow process. If it is an urgent part, the airfreight is costly and can be a deterrent to sales.
However by shipping our products directly from our suppliers to Perth, we will be able to provide our customers better service, with faster and more economic benefits without the double handling from our head office here in Spartanburg, SC.
The SPE (Aust) Branch there will be managed by Mr Terry Butler, a “native” from Perth who has been “in training” with us here for the past couple of years in the role of market Analyst. He has extensive experience in the mining industry with heavy equipment spanning many years.
In Perth we have engaged the services of a 3P, storage, fulfillment and distribution company who has their WA warehouse located a few minutes from Perth International Airport.
They specialize in 3P and E Commerce systems for inventory storage, stock picking and logistics. We will now be strongly positioned to deliver parts and components to our Aussie and Kiwi customers within hours to a few days saving our customers airfreight, and or 30 days plus, delay for sea freight.
Followed shortly after by a wider selection of our other fast moving items which previously haven't been super cost effective shipped from SC
It is expected we should have stock on the shelves in Perth ready to ship by the end of January 2018.
We will keep you posted on developments of the venture and we look forward to getting the wheels turning down there and generating more happy customers.
In Closing we would like to wish everybody we know and their families, a restful, safe and very Merry Christmas. We look forward to serving you again the next time you call and hopefully enjoying with you an anticipated prosperous 2018.
Specialized Parts and Equipment LLC