Hoosier Companies on 'Elite' List

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A national publication's annual ranking of the most innovative users of business technology includes a pair of Indiana companies. The InformationWeek "Elite 100" examines factors including technology deployment, budgets and infrastructure. Indianapolis-based Eli Lilly and Co. is ranked 42nd and Do it Best Corp. Fort Wayne is 62nd.

April 8, 2014

News Release

FORT WAYNE, Ind. - An ongoing commitment to mobile technology and app development in 2013 earned Do it Best Corp. a spot in a list of the top business technology innovators in the U.S.

InformationWeek, a leading publication of the business technology community, placed Do it Best Corp. in its Elite 100 annual rankings, recognizing in particular the co-op’s development and implementation of a dedicated app for its Sneak Peek sales events at its May and October markets. The Sneak Peek app streamlined the selection and ordering process for members and participating vendors; it also saw significant adoption numbers, accounting for 84 percent of the October market’s Sneak Peek event’s total overall sales. With the app, orders that previously had to be entered manually and could take up to four weeks to officially log are now recorded immediately and in real-time.

Do it Best Corp. ranked 62nd in the Elite 100 overall rankings. The co-op is one of only two Indiana companies on the list and the only hardware distributor to earn a spot.

“This is a great honor for our entire team here at Do it Best Corp., and it is recognition for the incredible effort and energy everyone here invests in enhancing our operations through technology,” said Mike Altendorf, Vice President of IT for Do it Best Corp. “Specifically, our Sneak Peek app has been a great advancement for everyone involved. For vendors, it significantly reduces paperwork and virtually eliminates the number of missed orders. Most importantly, it’s been incredibly beneficial to our members by further improving our operational efficiency as a co-op.”

This is InformationWeek’s 26th year identifying and honoring the nation's most innovative users of information technology. For 2014, this assessment was narrowed to a more elite 100 organizations. Its InformationWeek Elite 100 research tracks the technology-based investments, strategies, and results of some of the best-known organizations in the country. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation.

"The digital business movement is a force CIOs can't ignore. The 2014 InformationWeek Elite 100 highlights companies that are leading this digital business revolution, redefining business models and reshaping industries," said InformationWeek Editor In Chief Rob Preston.

Additional details on the InformationWeek Elite 100 can be found online at http://www.informationweek.com/elite100.

About Do it Best Corp.

Based in Fort Wayne, Ind., Do it Best Corp. is the only U.S.-based, member-owned comprehensive and fully integrated hardware, lumber and building materials buying cooperative in the home improvement industry. With annual sales of $2.8 billion, Do it Best Corp. is the second largest co-op in the industry, serving more than 3,800 member-owned locations in the United States and in 53 foreign countries. For more information, visit doitbestcorp.com and follow us on Facebook and LinkedIn.

About InformationWeek

For more than 30 years, InformationWeek has provided millions of IT executives worldwide with the insight and perspective they need to leverage the business value of technology. InformationWeek provides CIOs and IT executives with commentary, analysis and research through its thriving online community, digital issues, webcasts, proprietary research and live, in-person events. InformationWeek’s award-winning editorial coverage can be found at www.informationweek.com.

Source: Do it Best Corp.