IDC USA - Profile

In 1986 a new cooperative was formed by a handful of independent industrial bearing and power transmission distributors who believed their combined purchasing power would help them compete on a national level. On November 2, 1988, this group of companies was formally incorporated as the Independent Distributors Cooperative-USA (IDC-USA).

 

Within two short years of its incorporation, IDC-USA had grown to such an extent that the purchasing group felt the need for a stocking warehouse. In September of 1990, after a careful study of the distribution patterns and advantages of different cities, IDC-USA opened a 12,000 sq. ft. distribution center in Greenwood, Indiana; a suburb of Indianapolis. The facility, now affectionately remembered as “the little red barn in a cornfield,” opened with one employee and the hope that suppliers would support the concept with inventory.

 

By September of 1995, IDC-USA had experienced a tremendous amount of growth, especially in the southwest. With the financial assistance from three key suppliers in the form of contract warehousing commitments, IDC-USA opened a second distribution center in Dallas, Texas. This facility was over 33,000 sq. ft. and accommodated IDC-USA inventory, as well as, Bando USA, Electron and Nachi America contract warehousing inventory.

 

On February 17, 1995, legal counsel for IDC-USA filed applications with the United States Patent and Trademark Office to register both the name “Independent Distributors Cooperative-USA” and the IDC-USA logo still being used today. On May 27, 1997 the registration was received for the name and on September 30, 1997 the registration was received for IDC-USA’s logo.

 

In the mid-90s IDC-USA’s Board of Directors felt IDC-USA had grown beyond the effectiveness of a “Board managed” cooperative and there was a need to reorganize. The Board outlined an initiative called “Plan 2000” which was a draft to restructure the management organization of IDC-USA to allow growth to the next level. A Staffing Committee was established to begin the difficult task of attracting top-notch people to IDC-USA. Today the management team at IDC-USA includes diverse backgrounds and graduate degrees in the areas of law, certified public accounting, public relations, warehousing and transportation. More importantly, this expertise in the day-to-day management of the company allows the Board of Directors to focus on the visionary future of the cooperative.

 

By the summer of 1999, IDC-USA had outgrown its original building in Greenwood and obtained the current world-class facility located next to the Indianapolis International Airport. This national headquarters houses IDC-USA’s National Headquarters, IDC University, Customer Service Department, and IDC Distribution Center.

 

In October of 2001, a comprehensive Information Technology system was introduced to the member companies that allowed them to go to www.IDC-USA.com to check pricing and availability, order products, print past and current invoices, conduct accounts receivable inquiries, obtain usage reports, and access and download catalogs. The design of IDC-USA’s eCommerce website is so efficient and user-friendly that over 90% of the member companies use this technology for everything from “next day air” shipments to large stock orders.

 

Today, IDC-USA is a member-owned purchasing, marketing, and selling cooperative representing over 200 independent distribution locations coast-to-coast and that number continues to grow. IDC-USA has partnered with over 65 suppliers to serve end-users with the highest quality bearing, power transmission, and related products available.

 

Mission Statement
The mission of IDC-USA is to join independent distributors into a cooperative corporation, which will assist each member to remain independent and thrive within a free enterprise system.

 

Corporate Values
IDC-USA is a growing cooperative with a rich history of helping independent distributors remain competitive on a national level within a free enterprise system. Today, our cooperative extends its reach from coast to coast providing national coverage…local expertise.

 

Corporate Vision
Our vision is to remain the largest cooperative in the power transmission industry. We strive to be:

  • Our distributors’ first choice - A valued business partner to our manufacturers/suppliers Easy to do business with Accountable to our member-owners Responsible to our manufacturers/suppliers Above & beyond our member-owners’ expectations Responsible as a cooperative in capturing greater- shareholder value

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