This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ModusLink Expands Relationship With Provo Craft

ModusLink Global Solutions , Inc. (NASDAQ: MLNK) is expanding its business process outsource relationship with Provo Craft, a leading global supplier of innovative crafting tools and technology. ModusLink will assume the existing Provo Craft warehouse and fulfillment infrastructure to execute an integrated range of value chain services in the U.S.

In addition to contact center and customer service support of the Provo Craft direct response program at its e-Business hub in Orem, Utah, ModusLink will perform order management, configuration, fulfillment and returns management at the Provo Craft facility in Spanish Fork, Utah. With e-Business and supply chain services delivered by a single provider, the supply chain can dynamically react to ever-growing channel demands. ModusLink can seamlessly assume responsibility for these services, without disrupting any existing processes, enabling Provo Craft to make more resources available for product development and marketing.

“The burden of retaining fulfillment and distribution operations in-house can be costly, and limits the resources available to focus on core competencies,” said Nate White, chief operating officer for Provo Craft. “ModusLink’s large global footprint, scalable operations and knowledge of global markets will enable Provo Craft to expand our customer reach internationally. By transferring our infrastructure to ModusLink, rather than straightforward outsourcing, we are able to maintain our high service levels, avoid disruption and most importantly, ensure our employees incur no hardship.”

Warehouse and fulfillment employees of Provo Craft have been offered immediate positions of employment with ModusLink. The facility, located in Spanish Fork, Utah is more than 200,000 square feet. Its addition to the ModusLink footprint increases the efficiency and extends the capabilities of ModusLink’s supply chain processes and services.

“With this unique outsourcing solution, Provo Craft can devote more time, money and resources to research and product innovation, while benefitting from our world-class value chain to support its strategy,” said Bill McLennan, president, global operations for ModusLink. “Through this expanded client engagement, ModusLink gains a highly streamlined facility in the region with an existing configuration and fulfillment team already trained and highly skilled to service our clients.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
MLNK $3.92 0.00%
AAPL $123.25 0.00%
FB $83.30 0.00%
GOOG $548.34 0.00%
TSLA $185.00 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs