NFI and Rent-A-Center Partner to Optimize Supply Chain
NFI, a leading supply chain solutions provider, has been selected by Rent-A-Center to support a key sourcing and distribution initiative slated to be launched by the rent-to-own operator this spring.
Cherry Hill, NJ (PRWEB) February 06, 2015 - NFI, a leading supply chain solutions provider, has been selected by Rent-A-Center to support a key sourcing and distribution initiative slated to be launched by the rent-to-own operator this spring. To better service Rent-A-Center stores across the United States and Puerto Rico, NFI will launch a supply chain solution leveraging strategically located distribution centers while deploying an integrated transportation solution consisting of transportation management and dedicated fleets.
"NFI's integrated supply chain solution approach is truly unique, and I believe that approach will result in elevated service levels for Rent-A-Center, its stores, and its customers," said Sid Brown, NFI's CEO. "Rent-A-Center's business has advanced and evolved over the years, and NFI is proud to be a partner in Rent-A-Center's continued growth."
NFI will execute the plan in phases, launching in the Southwest and expanding across the country throughout the year. Shortly after the distribution centers are operational, the transportation solutions will be deployed to optimally replenish store inventories.
"We're excited to be partnering with NFI on the new sourcing and distribution model, a key foundational pillar of our omni-channel transformation. It was adopted with an eye for driving heightened operational efficiencies to enhance our customer's experience in our stores, and our future digital experience as well," said Rent-A-Center Executive Vice President and Chief Omnichannel Officer Joel Mussat. "The focus is on bringing the right products to market at the right time, as cost-effectively as possible, to meet our consumer's heightened expectations."
NFI is a fully integrated supply chain solutions provider headquartered in Cherry Hill, NJ. Privately held by the Brown family since its inception in 1932, NFI generates more than $1.1 billion in annual revenue and employs more than 8,000 associates. NFI owns facilities globally and operates 22 million square feet of warehouse and distribution space. Its company-owned fleet consists of over 2,000 tractors and 8,200 trailers, operated by more than 2,600 company drivers and 250 Owner Operators. Its business lines include dedicated transportation, warehousing, intermodal, brokerage, transportation management, global, real estate, trailer storage, and solar services. For more information about NFI, visit http://www.nfiindustries.com or call 1-877-NFI-3777.
Rent-A-Center, Inc., headquartered in Plano, Texas, is the largest rent-to-own operator in North America, focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable goods such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental-purchase agreements with no long-term obligation. The Company owns and operates approximately 3,020 stores in the United States, Canada, Mexico and Puerto Rico, and approximately 1,400 AcceptanceNOW kiosk locations in the United States and Puerto Rico. Rent-A-Center Franchising International (previously ColorTyme, Inc.), a wholly owned subsidiary of the Company, is a franchisor of approximately 190 rent-to-own stores operating under the trade name of "Rent-A-Center", "ColorTyme", or "RimTyme." For additional information about the Company, please visit our website at http://www.rentacenter.com.