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Press Releases


FOR IMMEDIATE RELEASE

Contact: Darek Connole Bobby Bloom
PainePR Kwikset®
949/809-6734 949/672-4891
dconnole@painepr.com bobby.bloom@bdhhi.com

KWIKSET® REFORMS DOOR HARDWARE DISTRIBUTION FOR BUILDERS

SmartSupply™ Program and Exclusive SmartKey™ Lock Offers Improved Efficiency and Increased Functionality on Jobsites

Lake Forest, Calif. February 13, 2008 – Kwikset®, a leader in the home improvement industry, announces the new SmartSupply builder purchasing program. With the help of technology developed by industry-leading solutions provider Hyphen Solutions, Ltd., Kwikset has developed a program to streamline the hardware distribution process, increase builder profit margins and improve the efficiency of distribution partners.

By limiting distribution channels and simplifying the purchasing process, the SmartSupply program offers builders an approved list of Kwikset “Platinum” partners who will have access to greater purchasing efficiency, on-site delivery, installation services and integrated computer inventory systems. Utilizing Hyphen’s SupplyPro® scheduling and collaboration tool, and a jointly developed interface with Kwikset, Platinum partners will enable builders to order from the field, process orders in real time, track invoices online, and access a detailed audit trail. Kwikset will have visibility into the builders’ schedules to forecast product demand in advance of the Platinum partners’ orders to streamline inventories and reduce out-of-stocks. The Hyphen Solutions system will also allow the distributor, builder and Kwikset to access information on usage history and future demand. This will enable the value chain to operate at higher levels of efficiency than it does today. When participating in the program, builders can also look forward to flat pricing, decreased inventory errors, more control over the supply chain process and other operational efficiencies.

“Because the hardware marketplace is a very crowded arena, we wanted to develop a way to differentiate Kwikset from its competitors in the industry. We have spent time listening to the needs of the home builder and we believe SmartSupply is a proactive strategy to address those needs.” said Bobby Bloom, Vice President of Builder Channel Sales at Black & Decker HHI Group. “Builders who utilize the SmartSupply program will be able to keep inventory at a minimum, track orders and billing, and complete all hardware transactions while on the job.”

Another vehicle of the SmartSupply program is the new SmartKey lock, which is exclusively available in the Kwikset Signature Series line. With the patented sidelocking bar technology to replace the traditional pin and tumbler design, SmartKey locks can be easily re-keyed in 30 seconds or less, and eliminate many of the hassles and complexities associated with re-keying. The additional security of SmartKey can be used as a significant feature when selling new homes.

When subscribing to the SmartSupply program, builders can choose from a variety of wholesale and distribution packages that includes 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.

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.

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, visit www.kwikset.com, or call 1-800-327- LOCK.

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 including Kwikset®, Weiser Lock®, Baldwin®, Price Pfister® and K2™ Commercial Hardware by Black & Decker.

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