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Oriental Trading Company, Inc., the nation’s largest direct marketer of arts and crafts, party supplies, toys, and novelties, has retained PA & Associates to provide logistics spend management best practice guidance.
The comprehensive engagement will leverage PA & Associates' Spend Management Framework to reduce shipping expenses across the enterprise. "Oriental Trading Company has built a world-class warehouse environment", said Richard Palarea, CEO of PA & Associates. "The opportunity to come alongside and partner with them to build a world-class spend management approach for their shipping operations is critical at this stage, considering the present state of the economy."
Oriental Trading Company made the selection after interviewing a number of national providers.
Oriental Trading Company is the nation’s largest direct marketer of party supplies, arts and crafts, toys and novelties, and a leading direct marketer of school supplies and value-priced home décor and giftware. Recognized as one of the Top 50 Internet Retailers and one of the Top 50 Catalog Companies, Oriental Trading Company employs approximately 3,000 employees and offers more than 40,000 products to individuals, teachers, schools, churches, businesses and not-for-profit organizations. From pink flamingos, party supplies and grass skirts to holiday decorations, scrapbooking supplies, and crafts, Oriental Trading Company makes the world more fun! www.orientaltrading.com.
PA & Associates provides logistics spend management best practices and expense reduction worldwide. The company has a three-part logistics management focus of world-class parcel rate negotiation, management and leverage of negotiated agreements via their web-based transportation management system and further spend management and profit recovery through their web-based analytics portal. The comprehensive process drives an average of 42% from existing shipping expenses. The company has been recognized by a number of business publications as a leader in the field of small package and freight negotiation and has a number of national brands among their clients. www.paaa.com.
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