Blue Gold was founded in 1996 in the Wavre Nord Zoning. The company was then operating in the field of automation and hydraulic systems, on which it built its reputation. For nearly three years, the company developed and sold its own central processing unit models.
The automation part of these CPUs was based on the use of Télémécanique products. Soon, the opportunity to market Télémécanique equipment arose and Blue Gold decided to take the plunge.
In 1999, Blue Gold officially launched itself as an independent distributor of electrical equipment.
Faced with the difficulty of carrying out two separate business activities within the same organisation, Blue Gold decided to discontinue the production of central processing units and focus on the distribution of industrial electrical components. The company decided to expand its catalogue to include other Schneider Group brands.
For a decade or so, Blue Gold made contacts in order to grow its network by building trust-based relationships with its suppliers abroad. Given the increase in its purchasing volumes, Blue Gold managed to negotiate prices that made it competitive with official distribution channels. The first stage had been completed.
Previously occupying a small premises in the Wavre Zoning Nord, but now faced with a lack of space that hindered its growth, Blue Gold began thinking of constructing a new building.
The approaches made by the Bureau Economique de la Province de Namur (BEP Namur) proved to be decisive in the choice of a new location. The offer was indeed an attractive one, featuring an ever-growing industrial park in Sauvenière (Gembloux) that was located near major motorways - an ideal location for an import-export company such as Blue Gold.
The works began in 2013 and were completed in 2015.
When barely settled in Gembloux, Blue Gold decided to completely renovate its IT infrastructure. In doing so, Blue Gold acquired state-of-the-art statistical tools to optimise the forecast management of its stock and logistics processes.
At the same time, the company decided to expand its catalogue to include new brands: the foreign group of which it is a part enables it to ensure the distribution of the most up-to-date brands, in accordance with the requests of its customers.
Research is also underway to develop a multi-brand stock which is at least equivalent to that currently available in Schneider.
Our goals for the coming years are:
- The negotiation of better purchase prices
- The shortening of delivery times
- The development of a multi-brand stock at least equivalent to the current stock
At the same time, we intend to facilitate the on-site collection of goods (the goal being to be able to respond to 80% of urgent requests in under 24 hours).
We also want our customers to benefit from our multi-brand expertise by offering equivalent products in one or more other brands, depending on the desired characteristics.
We also intend to improve our competitive intelligence system and to keep our customers better informed about innovations in the industrial electricity and automation sector,for Schneider Electric as well as Siemens, Phoenix Contact, Pilz and Socomec.