2010 - Page 19 of 64 - Modern Distribution Management

2010

Challenges Facing Buying Groups

This article evaluates challenges buying and marketing groups face in today’s markets. Part 1 of this article, published in the Aug. 10, 2010, issue of MDM, looked at the benefits and evolving role these groups are playing for distributors and manufacturers.

While they have seen many successes, buying and marketing groups like other organizations that support the distribution industry face challenges in a marketplace besot by slow sales, cost and margin pressures, and consolidation.

Along with these economic challenges, about a third of respondents to a recent MDM survey on the topic said that loyalty and providing ongoing value to member distributors and vendors were top challenges.

Other challenges noted by respondents included:

Challenges Facing Buying Groups Read More »

Commentary: More Uncertainty Requires Better Planning

Beyond the core management team, how involved are your employees in the company’s annual planning process? Do your employees know what the business plan is for the remainder of this year? Many distributors would answer “no” simply because this year has been unlike most others.

With so much uncertainty in the first quarter, the plan was hope and survival. When results exceeded expectations, the focus shifted to generating revenue and managing demand …

Commentary: More Uncertainty Requires Better Planning Read More »

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