Palmer-Donavin CEO: Inventory is King - Modern Distribution Management

Palmer-Donavin CEO: Inventory is King

Palmer-Donavin’s Robyn Pollina talks about the importance of supplier relationships in the face of unprecedented demand for the company’s building products.
Products on inventory shelves storage

There’s a new dynamic in play for distributors as they deal with inventory and material shortages related to snarls in their supply chains. Palmer-Donavin CEO Robyn Pollina, who took over that role in August of last year, says her company has seen tremendous demand this year in the building material space due to the housing shortage.

“There is unprecedented demand for the products and services we offer, and yet, we’re still facing major shortages,” Pollina says on an MDM podcast. “Inventory is the new king. It used to be you heard, ‘Cash is king.’ Now, I believe that inventory is king. Whoever has it wins in our space, but what I’ve learned from that is how important our supplier relationships are.”

Pollina says the key to managing inventory shortages is to treat the suppliers as additional customers in order to build better partnerships. with Palmer-Donavin for 26 years, she believes the affordable housing shortages, as well as the supply chain issues and the ongoing labor shortage, will eventually work themselves out, but not in the near future.

“They are ongoing challenges,” Pollina says. “I think innovations need to happen to take labor and issues with products out of the equation and just make it easier and faster to build and remodel things. It’s been a very interesting and challenging year with problems we’ve never really had since I’ve been here. But you know that’s kind of what you face in business. There’s always something new around the corner that you need to be aware of and deal with.”

Internal focus

Palmer-Donavin is looking inward this year to focus on improving automation across its warehouses and the fabrication side as well as in branches, digital sales and web sales. The company is also tapping into artificial intelligence to help optimize the experience customers have on its website.

“Our focus is a little more internal with the optimization there,” Pollina says. “And then as the supply chain loosens up, we hope we can gain a lot of ground from these improvements going forward.

“It feels like whatever we get in our warehouses we’re able to sell relatively quickly. That’s not really a product mix [change], but just an evolution around inventory is king. Whoever can get it to us, we can get it turned around.”

On the podcast, Pollina, a 2021 Women in Distribution award winner, also discusses Palmer-Donavin’s hybrid training model, recruitment efforts and how it has approached employees either working from home or returning to their physical locations.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.