Optimas Solutions Adds Multi-Sourcing Functionality
The company said the feature enhances supply chain resilience, risk mitigation and supplier management through automation and AI.
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November 2024
October Industrial Production Slides Further on Boeing Strike
It followed similar declines in September, hampered by the machinists’ strike at Boeing and the effects of multiple hurricanes.
October Industrial Production Slides Further on Boeing Strike Read More »
Amazon Launches Discount “Haul” Store
The new storefront offers electronics, apparel and more, all marked at $20 or less.
Amazon Launches Discount “Haul” Store Read More »
Parts Town Appoints Strategy & Operations Leader
The new chief strategy and operations officer will drive strategic planning, operations, IT and project management.
Parts Town Appoints Strategy & Operations Leader Read More »
Data: U.S. Workplace Injuries & Illness Hit 20-Year Low
A new labor department report shows workplace injuries and illnesses dropped to their lowest levels since 2003.
Data: U.S. Workplace Injuries & Illness Hit 20-Year Low Read More »
From SHIFT 2024: Customer-Based Sales Strategies
MDM’s marquee event this past September highlighted the importance of relationship-based sales models and omni-channel integration. Here’s our key takeaways.
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Stanley B&D Says Trump Tariffs Would Incur $200M Hit to Operating Profit
The company said it is preparing to adjust pricing and supply chains to mitigate the impact of Trump administration tariffs.
Stanley B&D Says Trump Tariffs Would Incur $200M Hit to Operating Profit Read More »
Wurth Industry NA Partners with Dot Ai on Asset Tracking
The partner agreement enhances WINA’s CPS kanban solutions with AI-powered track and trace technology.
Wurth Industry NA Partners with Dot Ai on Asset Tracking Read More »
U.S. Producer Prices Edge Higher in October
Monthly wholesale inflation increased modestly in October month-to-month year-over-year, following an increase in consumer prices.
U.S. Producer Prices Edge Higher in October Read More »
White Cup Appoints Revenue Leader
The company appointed a new Senior VP and Chief Revenue Officer, leveraging his 25+ years of distribution industry experience.
White Cup Appoints Revenue Leader Read More »
Cardinal Health to Add Service Provider, Diabetic Supplies Distributor
The company agreed to acquire ADSG for $1.1 billion and acquired a majority stake in GIA for $2.8 billion.
Cardinal Health to Add Service Provider, Diabetic Supplies Distributor Read More »
Continuum Nets $4M in Investment Round
The investment will expand Continuum’s platform, streamlining returns, warranties and repairs for B2B distributors and manufacturers.
Continuum Nets $4M in Investment Round Read More »
Sandvik Coromant Appoints Marketing Leader
The industry veteran will oversee product launches and lead marketing communications and brand efforts for the company.
Sandvik Coromant Appoints Marketing Leader Read More »
MDM Podcast: A Career Retrospective with Mike DeCata
The former Lawson Products leader joins to discuss what he misses most about day-to-day CEO life (and what he doesn’t); the industry’s biggest changes; what he’s most proud of; and what he’s keeping an eye on.
MDM Podcast: A Career Retrospective with Mike DeCata Read More »
Sonepar: 2024 Deals Add $2B in Revenue
Sonepar significantly expanded its North American presence in 2024, now operating 548 branches across all provinces, territories and states.
Sonepar: 2024 Deals Add $2B in Revenue Read More »
Airgas to Expand TN Plant in $150M Project
Air Liquide invests $150 million to expand Airgas’ Tennessee facility, also supplying oxygen for LG Chem’s battery plant.
Airgas to Expand TN Plant in $150M Project Read More »
Endries Expands Southward, Acquires Assembly Fasteners
Florida-based AFI is a distributor of latches, fasteners and hardware products and solutions with locations in five states.
Endries Expands Southward, Acquires Assembly Fasteners Read More »
Prokeep Raises $25M Funding to Accelerate Growth
The funding enhances demand-generation capabilities and strengthens customer relationships, driving sales growth of up to 300%.
Prokeep Raises $25M Funding to Accelerate Growth Read More »
ISA Adds New Education Director
The new education director will lead the development of ISA efforts to provide education and training resources.
ISA Adds New Education Director Read More »
Activist Investor Takes $5B Stake in Honeywell, Calls for Split
Elliot Investment urged the company to split into two separate entities, claiming the separation could significantly boost share prices.
Activist Investor Takes $5B Stake in Honeywell, Calls for Split Read More »
