June 2012 - Page 10 of 11 - Modern Distribution Management

June 2012

Surveys: Growth in 2011 Sparking Innovation and Collaboration in 2012

Executives of manufacturing firms expect growth to continue in 2012, and they expect that growth to enable new investments in innovation, according to two recent industry surveys.

More than half of the respondents to ThomasNet.com’s newest Industry Market Barometer survey reported company growth in 2011. And three out of four of the more than 3,700 industrial manufacturing and supply professionals surveyed expect …

Surveys: Growth in 2011 Sparking Innovation and Collaboration in 2012 Read More »

Download This Issue in PDF: June 10, 2012

This is the PDF of this issue of Modern Distribution Management.

Table of Contents:

  • The Case for Proactive Inside Sales
  • Commentary: Positive Outlook for 2012
  • The Ongoing Shale Gas Opportunity

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Download This Issue in PDF: June 10, 2012 Read More »

The Case for Proactive Inside Sales

The May 25, 2012, issue of MDM featured an article on the state of proactive selling in distribution on both outbound and inbound calls. Proactivity was defined as making planned outbound calls and/or leveraging inbound calls using a variety of techniques such as cross-selling and probing for additional needs. Nearly half of all respondents to a recent survey of MDM subscribers said that their inside sales reps proactively sell less than 10 percent of the time.

This article examines how a proactive inside sales force can be critical to serving mid-market and small customers as part of a broader multichannel strategy; it includes steps for initiating an effective program.

If created and managed well, outbound and inbound calling programs can be very effective. What’s more, implementation does not have to be expensive or overly complex.

Proactive inside sales is essential for channel alignment and ensuring effective channel coverage.

Figure 1 (below) shows a mapping of different sales and customer service representatives to market segments. The largest accounts have field sales representatives assigned to them. The smallest accounts are serviced by customer service representatives and e-commerce as appropriate. Mid-market accounts are handled by proactive inside sales representatives and customer service representatives. This approach aligns the …

The Case for Proactive Inside Sales Read More »

Parker Hannifin Aerospace President Bob Barker to Retire

Leadership changes in four other groups will also take place.

Parker Hannifin Aerospace President Bob Barker to Retire Read More »

Building Material Distributors Acquires Master Fasteners International, Fastener Source

The two fastener companies will be merged under the name Master Fasteners and operate as a wholly owned subsidiary of BMD.

Building Material Distributors Acquires Master Fasteners International, Fastener Source Read More »

Stanley Black & Decker Acquires Powers Fasteners

Powers Fasteners will join Stanley Black & Decker’s CDIY unit as a key brand.

Stanley Black & Decker Acquires Powers Fasteners Read More »

MRC Global Agrees to Buy Chaparral Supply

Chaparral Supply acquisition allows MRC to become the primary supplier of PVF and supplies to SandRidge Energy.

MRC Global Agrees to Buy Chaparral Supply Read More »

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