The acquisition strengthens Performance Food Group’s presence in the Southeast.
Performance Food Group Agrees to Buy Institution Food House Read More »
Consolidated Tire & Oil operates three distribution centers in Louisiana.
American Tire Distributors Acquires Consolidated Tire & Oil Read More »
K & H Sales has three locations in the San Francisco Bay area.
DGI Supply Agrees to Acquire K & H Sales Read More »
In the first episode, Jonathan Bein of Real Results Marketing focuses on finding a balance between your marketing channels.
Announcing a New MDM Podcast: Distributor Marketing Matters Read More »
Like-for-like sales in the U.S. climbed 9.4 percent with growth in most key businesses.
Wolseley Sales Increase 4.7% in Third Quarter Read More »
Interline (NYSE: IBI) can solicit other offers through June 28.
Interline Brands Agrees to Be Acquired by Two Private Equity Firms for $1.1B Read More »
Russel Metals will pay $30 million to acquire the metals distribution and processing center.
Russel Metals Agrees to Buy Alberta Industrial Metals Read More »
MAPI Outlook forecasts Eurozone GDP to decline 1.5% this year, and another 0.4% in 2013.
Eurozone Heading for Recession in 2012 Read More »
Alcan Cable is the wire and cable business of Rio Tinto.
General Cable Agrees to Buy Alcan Cable Read More »
Excluding transportation, new orders for durable goods decreased 0.6 percent.
New Orders for Durable Goods Up 0.2% in April Read More »
Inside sales can be a powerful source of growth, especially when integrated with field sales, e-commerce and direct response marketing. This article provides a snapshot of how distributors who responded to a recent MDM survey use inside salespeople and call centers. A notable finding: Nearly half of respondents said that their inside sales reps proactively sell less than 10 percent of the time. The authors argue that this needs to change.
While social media and e-commerce are gathering increasing attention among distributors, some of the most successful have utilized call centers to support effective inside sales as part of an integrated multi-channel offering. However, in a recent MDM survey, the vast majority of distributors have limited inside sales functions or outbound-only telephone sales (see Figure 1) in large part because they may not understand the power of inside sales by itself or in conjunction with field sales, e-commerce and direct response marketing.
For many, inside sales involves ordering, technical support, returns handling and credit management. Rarely does it involve …
The State of Call Centers & Inside Sales in Distribution Read More »
News briefs from May 11 – 25, 2012.
MDM News Digest 4210 Read More »
I’m a history buff. The Sears Roebuck and Co. catalog from 1900 looks a little like a cartoon today, but it holds an important lesson for distribution in 2012. On the cover is a picture of a globe, a cornucopia horn with products spilling out, a banner proclaiming to be the “cheapest supply house on earth,” and two sentences with a very important message that goes like this:
THIS BOOK… tells just what your storekeeper at home pays for everything he buys and will prevent him from overcharging you on anything you buy from him.
I thought about that Sears catalog as I mulled over the impact of Amazon’s launch …
Commentary: Make Disruptive Technology Work for You Read More »
In the recent MDM Webcast, Selling for Profit: Turbocharge Your Profit Growth through Market Development and Sales Management, Jonathan Byrnes, senior lecturer at MIT and author of “Islands of Profit in a Sea of Red Ink,” said companies must find a unique value proposition that provides the right value to the right customers at the right time instead of trying to be everything to everyone. Here’s a summary of the webcast, now available on-demand or on DVD at www.mdm.com/sellingforprofit.
Is your value proposition so strong that after trying your service three times, new customers will be hooked for life? Is it something that will have them viewing you as a partner rather than just another vendor?
Jonathan Byrnes, senior lecturer at MIT, posed these questions to attendees of the recent MDM Webcast, Selling for Profit: Turbocharge Your Profit Growth through Market Development and Sales Management. If you answered no, you might want to …
Byrnes: Don’t Be Everything to Everyone Read More »
Small business owners have more confidence in their local economy than the national economy, according to the inaugural Bank of America Small Business Owner Report, a semi-annual study exploring the concerns, aspirations and perspectives of small business owners across the country. When asked about the next 12 months, 42 percent expects their own local economic conditions to improve compared to 35 percent who expects the national economy will improve.
The survey also found managing the ongoing success of their business creates more stress for small business owners than any other aspect of their lives.
Maintaining a small business causes small business owners twice as much stress as …
Small Business Confidence Rises Read More »
Sales and inventories data for wholesaler-distributors in March 2012.
Monthly Wholesale Trade Data: March 2012 Read More »
Modern Distribution Management’s Industrial Inflation Index measures a cross-section of industrial supplies.
MDM Industrial Inflation Index: April 2012 Read More »
Economic growth is expected to continue in the U.S. throughout the remainder of 2012, say purchasing and supply executives in their spring 2012 Semiannual Economic Forecast. Expectations for the remainder of 2012 continue to be positive in both the manufacturing and non-manufacturing sectors. These projections are part of the forecast issued by the Institute for Supply Management.
Manufacturing Sector Summary
Sixty-six percent of respondents forecast revenues will be 9.5 percent greater in 2012, 15 percent expect a 12.1 percent decline, and 19 percent foresee no change. This yields an overall average expectation of 4.5 percent revenue growth among manufacturers in 2012, which is …
ISM Semiannual Forecast: Manufacturing Revenues to Grow 4.5% in 2012 Read More »
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Download This Issue in PDF: May 25, 2012 Read More »
In latest MDM Executive Briefing, Bates says distributors place too much importance on inventory and accounts receivable.
Al Bates: Why Cash Isn’t King in Wholesale Distribution Read More »
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