June 2019 - Modern Distribution Management

June 2019

Closing the Data Analytics Gap

As top distributors become more proficient with data analysis, others are falling behind, creating a critical gap in competitive business intelligence. Four of the speakers at MDM’s upcoming Analytics Summit share their recommendations here for optimizing data analytics across a range of business operations.

This article includes:

  • The Will to Do It
  • Why It's Been Lacking
  • Spreading the Knowledge

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Hill & Markes Boosts Online Revenue with Internal and External Engagement

The distributor brought in more than $250,000 in the last year from new website business after involving both its customer service team and loyal customers throughout its four-year website and e-commerce improvement project.

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MDM Industrial Inflation Index: May 2019

Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.

This index includes:

  • Abrasives Products
  • Cutting Tools
  • Power Transmission Equipment
  • Fasteners
  • Valves, etc.
  • Power Tools
  • Material Handling Equipment
  • Belting
  • Hand Tools
  • Misc. Metal

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JIS Sees Expanding Growth with JIS Express Auto-Order Button

Jergens Industrial Supplys user-friendly order replenishing button is becoming increasingly popular with the Ohio distributors customers who have installed the IoT devices. With more than 400 in operation, JIS is also gaining valuable insights from the growing number of transactions.

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How WebstaurantStore is Creating ‘an Unparalleled Experience’ for Its E-commerce Customers

With a nod to customer-pleasing practices implemented by leading B2C e-commerce companies, the Pennsylvania-based distributor is committed to continually improving the WebstaurantStore customers online experience through internal technology investments led by a strong talent recruitment strategy.

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Commentary: How Strong Is Your 2020 Vision?

Halfway through 2019, an increasing number of leading indicators are pointing to an economic slowdown in the second half. Anecdotally were hearing of sluggishness in the past two months across many sectors.

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