Fastenal’s Q4 Sales Up 3.7%
For the full year, Fastenal reported sales of $5.3 billion, up 7.4% compared to 2018.
Fastenal’s Q4 Sales Up 3.7% Read More »
2020
Where Does Your Business Fall on the Commoditization Spectrum?
A sense of urgency in developing or enhancing a digital strategy for your business could be a core theme of 2020. The key word? Marketplaces.
Where Does Your Business Fall on the Commoditization Spectrum? Read More »
Download this Issue as a PDF: February 10, 2020
This is the PDF of this issue of Modern Distribution Management.
The global e-commerce marketplace is maturing. With distributors exploring more opportunities to invest in online platforms and digital capabilities, MDM spoke with Alibaba Groups John Caplan about Alibaba.coms recent U.S. expansion and how the China-based B2B platform seeks to differentiate its relationship with distributors. Also impacting the international market is President Trumps signing of the United States-Mexico-Canada Agreement. Once ratified, distribution leaders are optimistic the trade deal will improve regulatory alignment, reduce redundancies, increase transparency and overall advance and expand on trade between the North American countries.
Are you a subscriber? Simply log-in to view this issue.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Download this Issue as a PDF: February 10, 2020 Read More »
Alibaba Group Wants to Recruit You
The global e-commerce platform's business model is built around the premise of making it easier for distributors and manufacturers to do business around the world, says John Caplan, president of North America B2B and chief growth officer, global B2B.
Subscribers should log-in to read this article.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Alibaba Group Wants to Recruit You Read More »
Commentary: Where Does Your Business Fall on the Commoditization Spectrum?
A sense of urgency in developing or enhancing a digital strategy for your business could be a core theme of 2020. The key word? Marketplaces.
Subscribers should log-in to read this article.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Commentary: Where Does Your Business Fall on the Commoditization Spectrum? Read More »
The USMCA: What It Means for Distributors and Manufacturers
Distribution trade associations and groups such as the American National Standards Institute (ANSI) are calling President Donald Trumps signing of the USMCA a win for distribution.
Subscribers should log-in to read this article.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
The USMCA: What It Means for Distributors and Manufacturers Read More »
Market Snapshot: HVACR
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for HVACR in the U.S., plus the top end users by 6-digit NAICS.
Subscribers should log-in below to view this article.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Market Snapshot: HVACR Read More »
News Digest 5003
MDM’s top news briefs from News briefs from January 26 – February 10, 2020.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Manufacturing Employment Fell by 12,000 in January
The unemployment rate was 3.6%, according to the U.S. Bureau of Labor Statistics.
Manufacturing Employment Fell by 12,000 in January Read More »
Fastenal’s January Sales Up 3.6%
U.S. sales grew 3.1% in January.
Fastenal’s January Sales Up 3.6% Read More »
Snap-on Sales Down Slightly in 2019
Sales for the fourth quarter were $955.2 million, a 0.3% increase year-over-year.
Snap-on Sales Down Slightly in 2019 Read More »
LINC Systems Acquires R.V. Evans Company
The acquisition of RV Evans further diversifies LINCs business across customers and end markets, as well as geographically with the combined businesses now serving customers in 30 states.
LINC Systems Acquires R.V. Evans Company Read More »
Martin Supply’s Doug Ruggles on the Secret to Family-Owned Success
While this privately held industrial supplier with more than 300 employees may not be a Harvard Business School case study in management structure, the three-brother leadership team has managed to buck the odds of many third-generation businesses by nurturing an entrepreneurial culture in an 85-year-old company. Listen to Doug Ruggles share whats worked to drive growth with a customer-centric solutions approach, with host Tom Gale.
Martin Supply’s Doug Ruggles on the Secret to Family-Owned Success Read More »
The Goods and Services Deficit Increased in December
Year-to-date, the goods and services deficit decreased 1.7%.
The Goods and Services Deficit Increased in December Read More »
Timken’s Q4 Sales Down 1.5%
For the full year, sales grew 5.8%.
Timken’s Q4 Sales Down 1.5% Read More »
ABB Sales Increase 1% in 2019
Profit decreased 34% to $1.4 billion.
ABB Sales Increase 1% in 2019 Read More »
AMETEK Sales Up 6% in 2019
The company also announced that is has acquired IntelliPower.
AMETEK Sales Up 6% in 2019 Read More »
Why You Should Consider Differentiated Service Levels to Grow Margin
Under-investing in customer-facing resources and tools can erode a distributors value, says management consultant Andrew Horvath. However, he cautions that being all things to all customers is often an expensive and inefficient approach. Successful distributors differentiate commercial service levels (CSLs) based on customer need and value, Horvath says.
Why You Should Consider Differentiated Service Levels to Grow Margin Read More »
BlackHawk Acquires Machine Tools Supply
The acquisition of MTS significantly extends BlackHawks service capabilities into large manufacturing markets.
BlackHawk Acquires Machine Tools Supply Read More »
Sysco Sales Up 1.8% in 2Q
For the first six months, Sysco reported sales of $30.3 billion, a 1.2% increase from the same period a year ago.
Sysco Sales Up 1.8% in 2Q Read More »
