![]() ![]() Do it Best introduced Steve to other members who were ready and willing to serve as mentors, sharing their experience and expertise.įor example, when Russ Kathrein, Do it Best vice president of LBM, learned that Steve was new to the industry, they met for an in-depth discussion on all the things Steve would need to know to drive his business forward. It did not take long for Steve to discover that the investments Do it Best made in his success were more than financial. The Reserved Inventory Program lets members take advantage of seasonal price cycles and buy materials when demand and prices are lower, explains Do it Best Building Materials Direct Trader Kevin Riley. Most importantly, the previous owner of Pilot Lumber was a Do it Best member. As a Do it Best member, RAKS is free to maintain inventory without unnecessarily tying up capital. One primarily served walk-in customers with remodeling projects, while the other location was a contractor lumberyard, providing professionals with building materials and specializing in high-end railing and composite decking. Pilot Lumber included two yards serving Cincinnati and northern Kentucky. “Having a good relationship with bankers and brokers gives them the confidence to introduce you to the people they’re representing - people who can help you with your own business.” These range from retail strategies to advertising and marketing, store design, employee training and customer rewards programs.“You never know where business relationships will take you,” says Steve. also offers a full menu of exceptional retail programs and services designed to increase market share and profitability. This enables them to reinvest in their stores by expanding merchandise selection, adding additional locations, and making capital improvements.īeyond merchandise, Do it Best Corp. Once a year, any profits we’ve made are returned to our members through year-end rebates. Products may include hammers and nails, lumber and home building materials, housewares, patio furniture or anything in between. Our members could have a store in your hometown named “Joe’s Do it Best®,” or they might just go by “Joe’s Hardware & Lumber.” It’s up to each owner to decide how best to market their business to their community.Īs a buying cooperative, we represent our members as we work with vendors and manufacturers-leveraging the combined buying power of our members to obtain great prices on merchandise for their stores. We are not a franchise, so our members’ stores go by many different names. We also have a professional team of regional business consultants who work side-by-side with our members around the world. ![]() We have more than 400 employees based in our global headquarters in Fort Wayne, IN, plus over a thousand more in our eight warehouses, what we call Retail Service Centers (RSCs), throughout the U.S. We love the diversity of our membership and value the experiences that each of our members brings to the co-op. We have member stores throughout Central and South America, the Caribbean and in numerous countries in Southeast Asia. We’re also the second largest co-op in the home improvement industry, serving thousands of independently owned locations across the United States and in more than 50 other countries. It might even surprise you to learn our annual sales surpass $3 billion, making us the largest privately held company in Indiana. ![]() The better you know our philosophy, mission and goal, the better you know what drives us as an organization.īecause we work to shine the spotlight on our members and not ourselves, you might not have heard of Do it Best Corp. We talk about them in meetings and find fresh, new ways to implement them. In every area of our organization, we live by them-day in and day out. Everything we do is driven by these ideas. But to us, these are much more than just words. You’ll find these principles everywhere-emblazoned on our lobby wall, inscribed on the covers of reports to our members and printed on every invoice that leaves our office. Our goal: Helping our members grow and achieve their dreams™ Our mission: Making the best even better® Our philosophy: Serving others as we would like to be served From small neighborhood hardware stores to multi-location pro lumberyards, industrial/commercial distributors to retailer operations, urban to rural to international-we exist to support a diverse range of home improvement businesses. ![]()
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