Keithley Instruments manufactures electronics instruments for engineers.
Danaher to Acquire Keithley Instruments Read More »
Corporate profits increased in the second quarter, according to Bureau of Economic Analysis.
Final 2Q GDP Report: Economic Growth at 1.7% Read More »
Core sales for the diversified industrial company increased 2 percent for the fiscal year.
Actuant Fiscal 2010 Sales Up 4% Read More »
Behind the electrical distributor’s social media strategy.
Fresh Perspective Drives State Electric’s Social Media Efforts Read More »
Higher prices for non-ferrous metals drives increase.
Canadian Industrial Product Price Index Up in August Read More »
Fastenal outlined growth goals in recent presentation.
How Fastenal Plans to Drive Operating Margins Higher Read More »
In recent survey, MDM found while businesses are starting to use social media sites, they’re not always sure what to do with them.
MDM Survey: More Than Half of Respondents Using Social Media Read More »
Industrial production index for manufacturing edged up in August.
Chicago Fed Midwest Manufacturing Index Decreases in August Read More »
Distributor benefits from re-roofing activity, which it says is usually a non-discretionary expense.
The Story Behind Beacon Roofing Supply’s Steady Growth Read More »
Cerberus is now offering $4 a share for the building products distributor, up from its original proposal.
BlueLinx Recommends Accepting Takeover Offer Read More »
Wolseley announced it has written off its remaining investment in Stock Building Supply due to continued losses at the former subsidiary.
Wolseley Year-End Sales Decline 10% Read More »
Economic activity remains below its historical trend.
Chicago Fed National Activity Index Declines in August Read More »
Excluding transportation, new orders increased 2 percent.
New Orders for Durable Goods Decline in August Read More »
But sales in U.S. and Canada are still up from last year in July.
Power Transmission/Motion Control Product Sales Fall in July Read More »
At the Morgan Keegan Industrial/Transportation Conference last week, Chicago-based distributor Grainger outlined its plans to continue building on both its product portfolio and its service offerings.
Product Expansion
Grainger U.S. President Michael Pulick says the company is aiming for up to 500,000 products in its portfolio. That would be up from 85,000 in 2005.
In recent years, the distributor has added products in plumbing, fleet maintenance and metalworking, among others. It has also added to current categories with products that boast different features or functions.
Grainger also plans to continue growing its private label offering, Pulick says. Right now,…
Grainger’s Product & Service Plans Read More »
In a recent MDM survey, just half of respondents said they were using LinkedIn. Even fewer used online tools such as Twitter and Facebook. This article will examine why B2B companies have resisted using social media to further business goals and presents expert analysis and examples on how distributors can benefit from these tools. The author also analyzes results from a recent survey on how MDM readers use social media.
Even as business-to-consumer companies are finding ways to capitalize upon the growing social media trend, many business-to-business companies are struggling with how they can use social media sites such as LinkedIn, Twitter and Facebook.
In a recent MDM survey, about 42 percent of respondents – distributors and manufacturers – said their companies were not using social media. The reasons ranged …
The Social Media Challenge: ROI Read More »
Bob DeStefano, president of SVM E-Business Solutions, outlined the steps companies can take to integrate social media into their business strategies.
The first step is creating an online presence. Sign up for accounts on social media sites. Begin building your network on LinkedIn by connecting with people you know and …
Getting Started with Social Media Read More »
This is an exclusive summary of Part 3 of the MDM Webcast series, Build an Effective Sales Organization for the Recovery, available on DVD. In this session, Mike Marks and Steve Deist of Indian River Consulting Group spoke on Tools for Effective Sales Management. This article looks at the foundation for implementing changes to the sales process.
Distributors can take different approaches to implementing change to its sales organizations. But most successful change shares five characteristics, says Steve Deist of Indian River Consulting Group.
“These are lessons we’ve learned though actual implementations over 10-plus years,” he says.
Lessons
1. Align with …
5 Lessons for Better Change Management Read More »
Abrasives represented a market in 2009 of $xxx billion, according to estimates by Industrial Market Information.
These charts show the top ten industries, by SIC code, consuming these products; and the 2009 end-user consumption of these groups sorted by the nine government market regions.
U.S. Market Analysis: Abrasives 2009 Read More »
News briefs from Sept. 11-Sept. 25, 2010
MDM News Digest 4018 Read More »
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