While most people say that initial rounds of inventory reduction were probably a good thing, bringing on-hand inventories more inline with demand, the question always was how far will it go and for how long.
Recent reports – including the results of the Baird Industrial Distribution Survey – say destocking may be coming to an end in the last half of this year. While that may have some positive implications for sales, the end of destocking likely will not be the magic bullet to ramping up stalled factories soon.
Why? According to the Baird Survey, in the second quarter: "Inventory levels continue to decline with no restock expected in the near-term. Nearly 7 out of 10 …
