| Cover Story |
| Columns |
| S. Freedman & Sons: The Big 100 |
| Suppliers | |
| By Fernie Grace Tiflis | |
| Tuesday, 25 September 2007 | |
![]() With 100 years under its belt, S. Freedman is still going strong supplying paper, restaurant and maintenance products. Operating a family atmosphere is critical to the company’s growth, notes Executive Vice President Barry R. Perlis. “It’s very rare in the industry to have fourth-generation owners in process,” he states, noting that Jeff and Dan Freedman, great-grandsons of the founder, are actively involved in the company today. “If you look at U.S. business history, very few family owned companies have lasted this long. Third generation is already rare, and for us to be in fourth generation, that’s unique.” S. Freedman is celebrating year-round with weekly employee cash drawings. “That’s something our employees like best,” Perlis says. “It’s a constant reminder that we’re celebrating and they’re part of our success.” The company is also preparing for a companywide gala to be held in November. In
addition, the company released a special edition of its centennial catalog
with a comprehensive view of its products. “It was a
major undertaking,” Perlis says. “We
worked on it for two years, and it gives an expanded view of our products to
make it easier for our customers to understand what we offer.” S.
Freedman’s low turnover rate is due to the respect
it shows its employees. Perlis notes. “We acknowledge them when they do
a good job and we counsel them if they fall short,” he explains. “We
have a better track record than most companies and that is shown by the tremendous
number of employees that stay with us for many years. Most recently, it installed a new computer system to speed
up its internal processes. “We upgraded our process orders as quickly and
efficiently as possible from our customers’ and employees’ point
of view,” Perlis explains. “The
more the internal processes can be handled by computers, the less chance there
is for error.” “The quality of imported products is inferior,” he explains. “Most of our customer base prefers high-quality products. So, it’s a balancing act between quality and cost. But ultimately, the customer wants value and that does not necessarily mean the cheapest price. “One of our strategies in the market is our sales reps – they go through in-depth training to solve customers’ problems,” Perlis states. The company calls it “consultative selling,” where the sales representatives not only explain but are trained to listen to their customer’s problems and then to recommend improved alternatives, Perlis notes. “The
decision is ultimately left to the customer, but they get the pros and cons,” he
says. “We provide these consulting
services with the hope the customers will appreciate our knowledgeable recommendations,
understand our added value – not just providing products – and
look to us as a resource now and in the future.” It’s about teamwork, he continues. “When they reach their next level, then we reach our next level, as well,” he says. |
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