May 2012 - Page 4 of 7 - Modern Distribution Management

May 2012

The Next Battleground in Wholesale Distribution: Payroll

Over the past three decades, Al Bates has found no improvement in payroll as a percent of sales across distribution sectors.

The Next Battleground in Wholesale Distribution: Payroll Read More »

PTDA Business Index Indicates Sales Growth in 1Q12

Compared to the prior quarter, the power transmission/motion control industry is expanding at a faster rate.

PTDA Business Index Indicates Sales Growth in 1Q12 Read More »

Uncover Unexpected Cross-Selling Opportunities

Customers segment distributors much like distributors segment customers. Because of this, customers don’t typically think beyond the products they already buy from you. This article examines how distributors can expand what they sell to existing customers by uncovering unexpected cross-selling opportunities in their transaction data.

As consumers, we routinely experience cross-selling by retailers. It can be as simple as “Do you want fries with that shake?” or in more complex e-tail environments: “Customers who bought X also bought Y.”

Companies who do this well include Amazon and Netflix. In fact, Netflix thought the problem was so important that they setup a contest with a $1 million reward for anyone in industry or academia who could create …

Uncover Unexpected Cross-Selling Opportunities Read More »

Commentary – Get Past Price: Learn & Capitalize On What Really Matters to Customers

We often hear distributors complain that no matter how many times they communicate to customers that they are the better partner, lowering costs and improving productivity for the end-user, the selling decision always comes down to price. These claims have grown louder in the wake of Amazon’s launch of its online industrial platform AmazonSupply.com.

But there’s a problem. …

Commentary – Get Past Price: Learn & Capitalize On What Really Matters to Customers Read More »

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