Statistics Canada: CPI Up 2% in March
Seven of the eight major components were up year over year in April.
Statistics Canada: CPI Up 2% in March Read More »
2019
Neutralizing the Amazon Threat
Amazon Business is thriving but its also vulnerable.
Neutralizing the Amazon Threat Read More »
Second Quarter Sales Up 2% for thyssenkrupp AG
The company reported a loss of 86 million during the quarter.
Second Quarter Sales Up 2% for thyssenkrupp AG Read More »
To Differentiate Your Customers’ Online Experience, Change Your Product Descriptors
Distributors can benefit from breaking down products into the facets that define their digital DNA.
To Differentiate Your Customers’ Online Experience, Change Your Product Descriptors Read More »
JPW Industries Acquires Balleigh Industrial
Baileighs operations will remain in their two current Wisconsin locations.
JPW Industries Acquires Balleigh Industrial Read More »
Imperial Dade Acquires Mid Continent Paper & Distributing
The acquisition expands Imperial Dades presence in the Midwest and strengthens its footprint in Kansas City.
Imperial Dade Acquires Mid Continent Paper & Distributing Read More »
Orders for Manufactured Technology Goods Increased in March
The first three months of 2019 saw total orders at $1.13 billion, a 9.5% decline over the same timeframe in 2018.
Orders for Manufactured Technology Goods Increased in March Read More »
Descartes Acquires CORE Transport Technologies
The CORE acquisition complements Descartes recent investment in Velocity Mail.
Descartes Acquires CORE Transport Technologies Read More »
3 Ways a Sustainable Supply Chain Can Benefit Distributors
Reduce costs, improve efficiency and increase competitiveness.
3 Ways a Sustainable Supply Chain Can Benefit Distributors Read More »
Rexnord Sales Up 4% in Fiscal 4Q
The company reported sales for fiscal 2019 were up 11%.
Rexnord Sales Up 4% in Fiscal 4Q Read More »
Builders FirstSource First Quarter Sales Down 4.1%
Profit grew 53.9% during the quarter.
Builders FirstSource First Quarter Sales Down 4.1% Read More »
Houston Wire & Cable’s Sales Up Slightly in 1Q
Profit increased 17.3% during the quarter.
Houston Wire & Cable’s Sales Up Slightly in 1Q Read More »
News Digest 4909
MDM’s top news briefs from News briefs from April 26 – May 10, 2019.
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Market Snapshot: Saw Blades
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Saw Blades in the U.S., plus the top end users by 6-digit NAICS.
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Market Snapshot: Saw Blades Read More »
Commentary: 3 Keys to Distribution Digital Success
MDM is kicking off our inaugural class of 2019 Digital Innovator Award winners with profiles from Ludwig Meister and Hisco.
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Commentary: 3 Keys to Distribution Digital Success Read More »
‘It’s Making Data Actionable That is the Real Payoff’
About seven years ago, Hisco, a leading specialty distributor based in Houston, set out to better understand the companys profit drivers through a data-based analysis. Developing a successful system has taken years of cultural change and realigning team members thought processes around what makes a profitable customer, but the real driver, says President & CEO Bob Dill, continues to be turning the data used to anchor the initiative into real action. Hiscos relentless pursuit of actionable data makes the nearly 50-year-old employee-owned institution one of MDMs 2019 Digital Innovator Award winners.
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‘It’s Making Data Actionable That is the Real Payoff’ Read More »
Lay the Groundwork for a Transition
Eighty-percent of business owners want to retire in the next 10 years, according to a Business Enterprise Institute survey. Unfortunately, most of those business owners have not actually created a concrete, written plan for their exit strategy.The lack of an exit plan can be problematic. It takes much longer than many distribution owners may expect to prepare their company for a transition. Whether you are planning to sell the business to a third party, pass ownership to the next generation or explore other options, preparing for a transition can take between five and seven years.
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Lay the Groundwork for a Transition Read More »
Download this Issue in PDF: May 10, 2019
This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- Ludwig Meister: The Race for Digital Innovation
- Commentary: 3 Keys to Distribution Digital Success
- Its Making Data Actionable That is the Real Payoff
- Lay the Groundwork for a Transition
- Market Snapshot: Saw Blades
- News Digest 4909
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Download this Issue in PDF: May 10, 2019 Read More »
Ludwig Meister: The Race for Digital Innovation
This Munich-based, third-generation distributor of bearings, power transmission, fluid power and tooling products took a non-traditional approach to transforming into a digital distribution business. It started by digitizing and strengthening the automation capabilities of its back-end systems purchasing, inventory management, logistics before focusing on the sales side of the business. And it accomplished this transformation by developing its internal technology and development expertise, thus being able to customize and enhance ERP and other critical platforms. One of MDMs 2019 Digital Innovator Award winners, heres Ludwig Meisters story on how the distributor has built a culture of digital innovation.
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Ludwig Meister: The Race for Digital Innovation Read More »
DXP’s Sales Up 8.8% in 1Q
Distributor reports sales gains across all business segments.
DXP’s Sales Up 8.8% in 1Q Read More »
