To promote the best possible work environment while helping to slow the spread of COVID-19, experts recommend distributors prioritize regular and consistent staff communication using a system that employees are already familiar with.
Get the Most Out of Remote and Reconfigured Work Read More »
We all have a hefty task on our plates, to manage through a crisis the global scale of which has never been seen before.
Commentary: Distribution Can — and Will — Weather This Storm Read More »
Many employees are no longer working under the security of their employers protected networks. This reality, coupled with cyberthreats trending upward, makes it a good time for distributors to review IT-related preparedness plans and policies.
Data Privacy, Security and Remote Work in the Age of COVID-19 Read More »
Zoro merchandises its nearly 4 million products thanks to help from its behind the scenes partnerships with a variety of distributors, from small businesses to larger outlets, operating in conjunction with a range of online channels — except Amazon.
Behind the Scenes of the Zoro/Distributor Relationship Read More »
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Welding Gases & Equipment in the U.S., plus the top end users by 6-digit NAICS.
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Market Snapshot: Welding Gases & Equipment Read More »
Though n improvement over the previous week’s number, the uplift in sales may be due to large back-orders shipping, and not an indication that the situation is improving. When the exceptional sales mentioned by participants are excluded, the sales drop off would be very consistent to what was seen the prior week.
IRCG’s Weekly Pandemic Revenue Index Shows 13.6% Decline Read More »
Forecast error — the difference between forecast demand and actual demand — can negatively impact cash flow at a time when distributors want to conserve cash while dealing with coronavirus fallout. Reconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock and depending on sales reps to report market changes.
4 Causes of Forecast Error and How Distributors Can Avoid Them Read More »
Profit for the quarter was $55.5 million, down 18.9% from the same quarter a year ago.
MSC Sales Down 4.5% in Fiscal 2Q Read More »
NAW Chief Government Relations Officer Jade West discusses the industry associations effort to promote distributors as essential businesses and ensure distributors are not cut out of the supply chain, as well as ongoing initiatives such as financial support for distribution businesses with more than 500 employees.
Distribution Industry Wins and Losses in COVID-19 Stimulus Package and Regulations Read More »
Sales for HARDI distributor members decreased by 0.1% during February, according to its monthly TRENDS report. The average annualized sales growth for the 12 months through February 2020 is 4%.
HARDI Distributors Report 0.1% Revenue Decline in February Read More »
There are several elements of electronic data interchange (EDI) solutions that can minimize the impact of operating in a modified business model during the global coronavirus pandemic. IDEAs Tom Guzik shares three common EDI transactions distributors can use to keep supply chains optimized.
Make the Most of Your EDI System When Business is Disrupted Read More »
May Supply is a wholesale and retail distributor of plumbing and water system materials, and kitchen and bath design and fixtures, serving customers throughout west central Virginia from two locations.
Winsupply Acquires May Supply Read More »
During the first two months of this year, construction spending amounted to $193.5 billion, 8.2% above the $178.8 billion for the same period in 2019.
Construction Spending Decreased in February Read More »
Total nonfarm payroll employment fell by 701,000 in March, and the unemployment rate rose to 4.4%, the U.S. Bureau of Labor Statistics reported.
Employment Fell by 701,000 in March Read More »
The coronavirus hit distribution hard in the second half of March, according to a first look at the latest MDM-Baird quarterly survey. And distributors are acting quickly to protect the balance sheet and cash flow. Heres a recap of Fridays MDM LIVE program, where panelists shared the latest numbers on how quickly distributor revenue is declining, as well as what distributors are doing now to stem losses and conserve cash.
COVID-19: Distributors Take Hit in Late March, Move to Weather Q2 Read More »
Profit fell 13.7% during the quarter to $57.2 million.
Acuity Brands Sales Down 3.5% in 2Q Read More »
Materially changing market conditions caused by the COVID-19 pandemic have impacted the companys previously announced timeline to separate its Facilities Maintenance and Construction & Industrial businesses.
HD Supply Defers Planned Business Unit Separation Read More »
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis has announced that the goods and services deficit was $39.9 billion in February, down $5.5 billion from $45.5 billion in January, revised.
The Goods and Services Deficit Decreased in February Read More »
After initial success through its own website, the Michigan manufacturer first looked to broaden its customer base with a few items on Amazon about five years ago. CEO Jacqueline Canny explains how the e-commerce giant has helped to supplement Ultimations e-commerce expansion and bring in a wider audience for its conveyor technology and automation products.
Ultimation Industries Grows Online Sales with Boost from Amazon Business Read More »
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