Latest from Mag

Plenty of executive appointments over the past two weeks. Here’s Electrical Marketing’s expanded coverage of personnel changes in the electrical market.
Dec. 21, 2012
Wire man John Pasqual and lighting rep Jack Melnick
Dec. 21, 2012
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Electrical product prices remained on their flat trend, showing no change from October and little change in almost all major product categories.
Dec. 21, 2012
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Privately-owned housing starts in November were at a seasonally adjusted annual rate of 861,000, 3% below the revised October estimate, but 21.6% above the Nov. 2011 rate.
Dec. 21, 2012
Dec. 21, 2012
Veteran reps form new agency in Raleigh; WinWholesale buys Lloyd Graves in Texas; United Electric Supply expands through acquisition; and more.
Dec. 21, 2012
W.W. Grainger Inc., Lake Forest, Ill., announced plans to purchase Techni-Tool Inc., Worcester, Pa., a 200-plus employee distributor supplying customers in the cable television...
Dec. 21, 2012
Kaman Industrial Technologies (KIT), the industrial distribution business Kaman Corp., Bloomfield, Conn., has built up in recent acquisitions of Minarik, Zeller Electric and others...
Dec. 21, 2012
New York Mayor Michael Bloomberg offered an update on the city’s plans to renovate its infrastructure to withstand future storms.
Dec. 7, 2012

IDEA/eCredit To Provide Credit-Reporting Database

eCredit, Dedham, Mass., a provider of online solutions for credit and collections professionals, has entered into a strategic alliance with the Industry Data Exchange Association (IDEA), Rosslyn, Va.
March 9, 2006

eCredit, Dedham, Mass., a provider of online solutions for credit and collections professionals, has entered into a strategic alliance with the Industry Data Exchange Association (IDEA), Rosslyn, Va. According to the terms of the agreement, eCredit will host, maintain and support an industry specific credit-reporting database for IDEA customers. In turn, IDEA will leverage its ability to create standards for credit data exchange helping to drive down costs through the sharing of business information within a secure eCredit data network.

"Clearly, this partnership with eCredit will provide a high level of value for our customers," said Tim Powers, chairman of IDEA; and president, CEO and chairman of Hubbell Inc. "By aligning with a value-added service provider that will host and maintain the receivables data, eCredit allows IDEA to remain focused on its core mission of creating standards and tools that enable commerce to flow more quickly: driving down cycle times, improving the order-to-cash process and ultimately bolstering customer satisfaction."

eCredit and IDEA have also entered into a software referral agreement. This agreement will provide discounts to those IDEA customers in the electrical distribution and manufacturing industries who use credit and collections management software from eCredit.