Quartix makes Majestic Kitchen + Bath an easy buyer to do business with
Dan Wascher, CFO of Majestic Kitchen + Bath (Majestic)experienced a significant increase in demand from clients due to the sharp increase in home building in 2021. With Quartix, Majestic was able to improve vendor relations and position itself as a premium, prioritized buyer at no cost, in order to guarantee supply continuity, essential for growth.
The Client (‘buyer’): A premier fabricator of hard surfaces, glass and accessories
Majestic is a leading provider of quartz,granite, cultured marble, and glass products across the Southeast US. Majestic produces hundreds of kitchen countertops, bathroom vanities, showers, shelves and mirrors to meet the high standards of builder’s specifications for residential, multi-family and commercial segments.
The Challenge: Supply continuity while maintaining cash flow, accelerated growth,and excellent vendor relations.
Supply continuity and vendor relations are vital for company growth. Ryan Peed, Majestic’s procurement director, ensures warehouse demand is met with constant and quality supply of product. Ryan was faced with logistical difficulties due to Covid with suppliers and increased demand, which also increased competitor demand.
To lessen these headwinds, Dan and Ryan had to operate in a way to become a magnet for new supplier partnerships and reward current suppliers, while preserving the original vendor payment terms Majestic agreed to.