Members expect greater growth in 2025, driven by factors like election outcomes, branch expansion and increased consumer activity.
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Some surveyed distributors remain cautious due to high interest rate, inflation, poor economy and a general slowing of business.
The accolade recognizes outstanding commitment to advancing the development and influence of women in the industrial supply channel.
The buying group's quarterly membership survey showed considerable optimism among distributors despite potential headwinds later this year.
NetPlus Alliance has made new hires and organizational changes to support its accelerated growth in recent years.
Member distributors and suppliers can use the hub to access product content from thousands of manufacturers, spanning millions of products.
NetPlus Alliance's Jennifer Murphy joins to discuss how the role of buying groups has evolved in recent years and why distribution's fragmentation continues to serve the channel well, among other topics.
Meanwhile, about one-third reported decreased gross margins because of supplier price increases and other cost pressures.
The group hosted 650 distributor and supplier attendees from nearly 310 companies at its 10th Annual Meeting in Denver.
Despite some uncertainty about what's to come in 2024, 87% of NetPlus Alliance distributor members remain "mostly optimistic."
Industrial and contractor supplies buying group NetPlus Alliance added an Executive Assistant and Accounting Representative to its team.
The NetPlus Alliance Industry Outlook tracks business results and trends in the industrial and contractor supply markets.
NetPlus added 23 new distributors in 2022 — and nine so far in 2023 — for a total of 414 members.
Hear from five different executives who were interviewed on the ISA23 expo floor about their thoughts on the show, current product demand and more.
Distributors remain confident after a strong 2022 despite signs the economy may be slowing in 2023.
The group hosted nearly 650 distributor and supplier attendees from 285 companies at its annual meeting in Las Vegas from Oct. 2-4.
Get a recap of NetPlus’ 10th annual meeting, held Oct. 2-4 in Las Vegas, where the group shared updated stats on its impressive five-year growth and where it’s headed.
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Lockport, New York-based NetPlus Alliance says Sebastian Habermehl has joined the company as marketing manager.
Industrial and contractor supplies buying group’s theme at annual meeting in Nashville was ‘Stronger Together.’
While the recovery well is underway, the NetPlus quarterly survey also said the labor shortage was a cause for concern going forward.
