Grainger’s previous CIO is now Senior Vice President for Innovation and Continuous Improvement.
Latest In Subscriber Only
Byrnes: The real win strategy is to turn the price war into a value war.
Gerry Fay succeeds Harley Feldberg.
The acquisition was approved as part of a Chapter 11 bankruptcy plan for Handy.
Organic sales grew 5 percent.
Sales from continuing operations increased 24 percent.
An increase in copper unit volume accounted for most of the increase.
Excluding defense, new orders increased 3 percent.
Manufacturing Revival Radio talks with Dave Scaglione of Electro-Matic.
Sales and inventories data for wholesaler-distributors in May 2013.
This article includes:
- Wholesale trade revenues for durable and nondurable goods in May 2013
- Monthly inventories/sales ratio for the industry
- Sales & inventory trends for durable and nondurable goods
Subscribers should log-in below to read this article.
Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- The Extended Value Index
- Distribution Profitability Case Study
- Support a Differentiation Strategy
But executives report some softness in the latest quarter for manufacturing customers.
Overall sales were up 13.2 percent for the electrical distributor, thanks to acquisitions.
Distributors expect growth to be tempered somewhat by government actions and rising employee costs.
Profit was $400,000 for the quarter, compared to a year-ago loss of $61.2 million.
Arrow finds growth opportunities in services that didn’t exist for the distributor a few years ago
Sales for 3M’s industrial business grew 6.6 percent in the quarter.
Inorganic sales were up 2 percent from the prior year.
Profit fell 25.6 percent to $81 million.
