MDM News Digest 4322
News briefs from Nov. 11 - Nov. 25, 2013.
News briefs from Nov. 11 - Nov. 25, 2013.
This table highlights key financial metrics and trading multiples for 26 publicly traded distributors in the industrial and building products industries as of Nov. 12, 2013. The pdf also includes a graphic illustrating median EBIDTA multiples for the same distribution companies.
Sales and inventories data for wholesaler-distributors in September 2013.
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Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
This index includes:
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The U.S. automotive industry hit bottom in 2009, with total light-vehicle sales falling to 10.4 million units the lowest level since 1982. Chrysler and GM filed for bankruptcy that year; Ford, while avoiding the courts, had to make its own cuts.
Today, the industry is nearing full recovery, albeit with some significant changes. This article examines the current state of the automotive industry in North America, how the recovery has affected suppliers and distributors serving the market and the outlook.
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The norm is now people who walk around with two or three devices - phone, tablet, laptop. So why are so many salespeople still selling as though the Internet doesn't exist?
Publisher Tom Gale's perspective looks at why distributors need to think differently about the fact that most people have already does their research before they reach out to a supplier. How can that supplier fill in the information gaps and add value?
Business owners procrastinate when it comes to succession planning for many reasons, including uncertainty over potential successors and concerns about how affected family members and key employees will react. But these obstacles aren’t insurmountable, according to Lawrence Gold, corporate attorney for law firm Carlton Fields and author of Passing the Torch Without Getting Scorched: Preserving Your Legacy With Smart Succession Planning.
This interview includes Gold's take on:
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This article presents the findings of a two-year industry study looking at where distribution industry managers blunder and what they could do better.
This article by William McCleave includes analysis of:
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
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Tentec develops bolt-tightening solutions.
The business intends to operate under the name DistributionNOW.
ECS product line will be incorporated into Hahns private labeled Fuzion Fasteners brand.
Industrial Careers Pathway offers job listings and other employer resources.
The U.S. auto industry has returned from its collapse, but the industry – and the the distributors who serve it – have made some big changes.
Byrnes: Companies that root their strategy in profit-based segmentation will leapfrog into a leading position.