Ingersoll-Rand Inc. (NYSE: IR), Milwaukee, Wisconsin, has appointed Vikram “Vik” Kini as its senior vice president and chief financial officer, reporting to CEO Vicente Reynal. Kini will be succeeded by Kristen Actis-Grande as vice president of investor relations and financial planning and analysis (FP&A). Emily Weaver, current CFO, is leaving to pursue other opportunities based on a mutual […]
Ingersoll Rand Makes Two Appointments Read More »
New location for electrical, HVAC and plumbing branch gives DSG larger footprint, more efficient layout.
DSG Opens New Facility in Sioux Falls, SD Read More »
U.S. sales decrease 22 percent as company continues to deal with uncertainty surrounding the COVID-19 pandemic.
3M’s May Sales Down 20% Read More »
If you’re a distributor in America today, youve got to get digital quick, says John Caplan, president, North America and Europe, Alibaba.com, who spoke on last weeks MDM Live about why digital has become imperative for distributors to compete.
Alibaba.com US Exec: A Strong Digital Presence is Imperative for Distributors Read More »
More than 13,000 health care and 7,000 government organizations have purchased PPE and other supplies through COVID-19 Supplies site on Amazon Business.
Barry Litwin, CEO of Global Industrial parent company Systemax Inc., says the right digital capabilities can practically eliminate the need for customer service because everything gets done online. He shared the companys digital journey on the most recent episode of MDM Live.
Why ‘Great Customer Service’ Means ‘No Customer Service’ Read More »
This is the third article in a three-part series for distributors to improve long-term financial performance. Part one addressed steps to create an appraisal of your firms current financial position. Part two tackled profit improvement variables and key mistakes distributors make.
An Action Plan to Improve Long-Term Company Performance Read More »
This is the PDF of this issue of Modern Distribution Management.
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Download this Issue as a PDF: June 10, 2020 Read More »
Take note of new business practices youd like to preserve as the country opens back up.
Commentary: Be Intentional about Preserving Positive Changes Brought on by COVID-19 Read More »
Known as VICKIE, a goal for Vallen Distributions new internal employee resource group is to recruit strong, diverse candidates from both inside and outside of the business who will reach leadership positions within the 3,000-employee company.
Women-Led Group to Build Diverse Leadership Pipeline for Vallen Read More »
MDM’s top news briefs from News briefs from May 26 – June 10, 2020.
Beginning in late April, Global Industrial started to pack an R3 Program Guide in with all shipped orders.
Global Industrial’s R3 Program Preps Customers for Post-COVID-19 Work Read More »
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Abrasives in the U.S., plus the top end users by 6-digit NAICS.
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Market Snapshot: Abrasives Read More »
North American buying group AD, Wayne, Pennsylvania, this week announced the group will be going to a virtual format for its slate of 2020 North American and other fall meetings in response to the COVID-19 pandemic. The buying group said it worked collaboratively with impacted divisional boards, committees and its associates to ensure a meaningful
AD Moves Fall Meetings to Virtual Setting Read More »
Take note of new business practices youd like to preserve as the country opens back up.
Be Intentional about Preserving Positive Changes Brought on by COVID-19 Read More »
Distributor expects negative impact from COVID-19 to be reflected in second quarter results.
Huttig Building Products First Quarter Sales Up Nearly 3% Read More »
Construction and industrial sales decreased 1.1% in the fiscal first quarter.
HD Supply’s First Quarter Sales Down 6.6% Read More »
Recent economic reports show upward momentum for the overall U.S. economy and the wholesale distribution industry in particular, but not all data points paint a rosy picture, indicating recovery will be a slog.
Is Hope on the Horizon for U.S. Economy, Wholesale Distribution? Read More »
The industrial distributor said preliminary fiscal third-quarter sales were $835 million, which would mark a 3.6% decrease from year-ago period.
MSC Industrial’s Sales Rise 6.3% in May Read More »
The companys planned actions will deliver $160 to $170 million in annual pre-tax cost savings, with approximately $25 to $35 million of savings projected in 2020.
PPG Initiates Global Restructuring Read More »
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