Beatrice Lang
Founded in 1919 by Titus B. Schmid, Crescent Electric Supply Company is a wholesale electric supply distribution company based in East Dubuque, Illinois. Crescent Electric has grown from a small enterprise to an industry heavyweight, with over 130 branches in 26 states across the US. The company is committed to sustainability and has taken several steps to reduce waste and conserve energy. Crescent Electric is also dedicated to providing a safe working environment for its employees, as evidenced by their offering of Self-Test Portable GFCI Devices that are OSHA-compliant. With a focus on removing friction from the supply chain, Crescent Electric has established itself as one of the top ten electrical suppliers in the US, catering to a wide range of customers and consistently meeting high expectations.
| Characteristics | Values |
|---|---|
| Founding year | 1919 |
| Founder | Titus B. Schmid |
| Number of branches | Over 130 |
| Number of states in the US | 26 |
| Number of distribution facilities | 140 |
| Number of employees | 1,750 |
| Markets served | Electrical, commercial construction, industrial, government, utilities, hospitality, energy, datacomm |
| Brands | BA Supply, Interstate Electric Supply, Mesco Electrical Supply, National Electric Supply, Womack Electric Supply, Stoneway Electric |
| Company culture | Career development, teamwork, inclusion, volunteering |
| Business model | Removing friction from the supply chain |
| Business strategy | Transforming the business over the next 100 years |
| Sustainability initiatives | Recycling, fuel-efficient delivery vehicles, high-efficiency fixtures in buildings |
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What You'll Learn
Sustainability efforts
Crescent Electric Supply Company, commonly shortened to Crescent, was founded in 1919 by Titus B. Schmid. It is a wholesale electric supply distribution company based in East Dubuque, Illinois, serving the electrical, commercial construction, industrial, government, utilities, hospitality, energy, and datacomm markets. Crescent has experienced rapid growth and now has over 130 branches in 26 states across the US, with more than 1,750 employees.
Crescent is committed to being a good corporate citizen and recognizes the importance of sustainability in its long-term business goals. The company aims to reduce waste and conserve energy in its facilities and warehouses. They have implemented recycling initiatives and adopted fuel-efficient delivery vehicles to minimize their environmental impact. Additionally, Crescent prioritizes energy conservation by utilizing high-efficiency fixtures in its buildings.
Crescent's collaboration with Mitsubishi Electric Power Products Inc. (MEPPI) in 2018 demonstrates its dedication to sustainability. Through this partnership, Crescent distributed MEPPI's power supplies and associated lines of battery and switchgear products.
Crescent also offers Self-Test Portable GFCI Devices that are fully OSHA-compliant, ensuring safety on job sites and in temporary power applications. Their focus on providing efficient and safe electrical solutions aligns with sustainable practices.
The company's sustainability efforts extend beyond environmental initiatives. Crescent values its community impact and offers paid volunteering time to its employees, encouraging them to contribute to their communities. This social aspect of sustainability demonstrates Crescent's commitment to creating a positive impact beyond its business operations.
Crescent's dedication to sustainability is evident in its efforts to balance business growth with environmental and social responsibilities. By implementing sustainable practices and fostering a culture of corporate citizenship, Crescent assures its customers and stakeholders that sustainability is a shared mission.
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Supply chain optimisation
Crescent Electric Supply Company, commonly shortened to Crescent, was founded in 1919 by Titus B. Schmid. The company was born out of frustration with inefficient distributors, causing delays in the supply chain. Crescent has since grown into an industry heavyweight, with over 130 branches in 26 US states.
Crescent's success is attributed to its founding vision of "removing friction from the supply chain." This involves optimising distribution, warehousing, transportation, procurement, inventory planning, and field operations management. By doing so, Crescent has earned customer trust by consistently delivering a comprehensive and dedicated supply service. The company leverages the latest technological and industrial developments to enhance its operations.
Crescent's commitment to supply chain optimisation is evident in its adoption of advanced systems, such as the Eclipse ERP system and the Tour de Force CRM (Customer Relationship Management) system. These initiatives enable Crescent to streamline its processes, improve efficiency, and better serve its customers.
Additionally, Crescent offers its customers access to an Application Engineering team that can help mitigate supply chain issues, reduce engineering costs, and provide support for automation applications. The company also prioritises sustainability and corporate responsibility by implementing practices to reduce waste, conserve energy, recycle, and use renewable materials.
Crescent's supply chain optimisation efforts have resulted in unmatched service and distribution coverage across the nation. With more than 150 locations, Crescent ensures that businesses have access to the products they need when they need them. The company's dedication to removing friction from the supply chain has made it a trusted partner for electrical contractors and businesses alike.
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Business growth
Crescent Electric Supply Company, commonly shortened to Crescent, was founded in 1919 by Titus B. Schmid. What began as a small enterprise, distributing electrical items to alleviate the burden of supply chain delays, has since grown into an industry heavyweight. Crescent has over 130 branches located in 26 states across the US and is one of the ten largest electrical suppliers in the US.
The company's growth can be attributed to its ability to remove friction from the supply chain, providing customers with same-day and next-day access to thousands of products and services. Serving contractors, original equipment manufacturers (OEMs), and maintenance, repair, and operations (MRO) for commercial, industrial, institutional, and utility customers has kept Crescent busy and contributed to its expansion.
Crescent's commitment to sustainability and corporate social responsibility has also played a role in its business growth. The company has implemented initiatives to reduce waste, conserve energy, and promote recycling. Additionally, Crescent offers its customers access to its Application Engineering team, which helps mitigate supply chain issues and reduce engineering costs.
Crescent's business growth has been rapid and exponential, and the company continues to be a family-held business. The involvement of the Schmid family in the company has evolved over the years, with various generations working in the business and owning it equally. The family's governance and engagement have been essential in guiding the company's growth and transformation while maintaining its founding vision.
Looking ahead, Crescent Electric Supply Company remains focused on transforming its business for the next 100 years. The company's commitment to sustainability, customer satisfaction, and continuous improvement positions it for further growth and success in the electrical supply industry.
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Employee treatment
Some employees have reported that the company has a toxic work environment, with one review stating that HR did nothing to address the issue when it was reported. Other reviews mention issues with management, including a lack of care for employee safety and a general lack of direction and leadership. One employee stated that they were lied to during the interview process about the absence of overtime, and that they have since been working 50-hour weeks.
On the other hand, many employees have praised the company for its friendly and accepting staff, higher-than-average pay, and good perks. Some have also noted that the company offers as many hours as they want, and that they never feel pressured to work in unsafe conditions. One employee highlighted the company's commitment to diversity and respect, valuing unique perspectives and contributions without regard to individual traits such as age, gender, race, religion, sexual orientation, or physical disability.
Crescent Electric Supply Company has been empowering employees for over 100 years and strives to foster a culture that encourages and rewards collaboration, problem-solving, and respect. The company offers paid internships and takes career development seriously, with leaders who strive to inspire, build trust, and empower employees to achieve their best.
Overall, while there are some negative reviews, the majority of employees seem to have a positive view of the company, with 40% of employees reporting that they believe the company has a positive business outlook.
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Customer perception
Crescent Electric Supply Company, commonly shortened to Crescent, was founded in 1919 by Titus B. Schmid in response to the common frustration felt by many electrical contractors left waiting by inefficient distributors. The company has grown from a small enterprise to an industry heavyweight, with over 130 branches in 26 states across the US. Crescent is one of the ten largest electrical suppliers in the US and a go-to partner for innumerable institutional and industrial customers.
The company's commitment to sustainability and being a good corporate citizen is also likely to be well-regarded by customers. Crescent has made efforts to recycle, implement fuel-efficient delivery vehicles, and use high-efficiency fixtures in its buildings. The company has also partnered with Mitsubishi Electric Power Products Inc. (MEPPI) to distribute power supplies and associated lines of battery and switchgear.
Crescent's focus on removing friction from the supply chain and providing same-day and next-day access to thousands of products and services is likely to be appreciated by customers. The company's ability to adapt to crises, such as the Covid-19 pandemic, and its status as an essential business serving contractors and project managers working on Covid-19 facilities, further demonstrates its reliability and commitment to meeting high expectations.
Crescent also prioritizes safety with its offering of Self-Test Portable GFCI Devices, which are fully OSHA-compliant and designed for job sites and temporary power applications. The company's dedication to career development and creating an inclusive environment where all individuals can thrive and contribute to its success is also commendable. Overall, Crescent Electric appears to be well-regarded by customers and is known for its reliability, sustainability efforts, and commitment to meeting high expectations.
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Frequently asked questions
Crescent Electric Supply Company is considered one of the foremost electrical suppliers in the US. It has over 130 branches in 26 states and is one of the ten largest electrical suppliers in the country. Crescent is a go-to partner for innumerable institutional and industrial customers. The company has been applauded for its commitment to sustainability and for removing friction from the supply chain.
Crescent Electric Supply Company takes career development seriously and strives to inspire, build trust, and empower employees to achieve their best. The company promotes an environment of inclusion and flexibility, allowing employees to balance life's priorities. Crescent also offers paid volunteering time to all members.
Crescent Electric Supply Company prioritizes safety and offers OSHA-compliant Self-Test Portable GFCI Devices that are ideal for job sites and temporary power applications.
Crescent Electric Supply Company is dedicated to providing excellent customer service by offering same-day and next-day access to thousands of products and services. The company also provides access to their Application Engineering team, which can help customers with supply chain issues, engineering costs, and more.
