Monthly Wholesale Trade Data: July 2014
Sales and inventories data for wholesaler-distributors in July 2014.
Sales and inventories data for wholesaler-distributors in July 2014.
Earlier this year, Tacoma, WA-based Stellar Industrial Supply announced the addition of Larry Davis, former president of ORS Nasco, to its executive team as executive vice president and chief commercial officer. The move was part of a strategy by Stellar to grow “faster and more effectively.” MDM Publisher Tom Gale recently spoke with Stellar’s executive team, including President & CEO John Wiborg, Executive Vice President & COO Steve Slater and Davis, about the shifts in the market that drove the shift in strategy and where the company is heading.
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At this point, it has become pretty well accepted that data should be a part of big decisions.There are many challenges to becoming highly data-driven, though, from technology limitations to information overload. But one common challenge is the tendency to view an indicator or measurement as something that it’s not.
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Predicting profitability of an order by measuring average margin is ineffective. Averages are susceptible to outliers and rarely represent the true value of any individual measure within the set. In this article, the authors examine flaws in conventional thinking about margin and provide practical ways to better manage small orders.
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Supply chain optimization is a goal with so many moving parts, it’s sometimes difficult to nail down what places to begin addressing potential changes. In this article, industry experts simplify the options and set the stage for an efficient, long-term process for freight movement.
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Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
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News briefs from September 11-25.
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Acknowledge what is important to customers and respond to those demands.
Transportation equipment drove the decrease, 42 percent to $76.8 billion.
Wholesale-distributors know the value of analytics, but they are often frustrated with how ineffectively their organizations integrate data into their strategic initiatives. This industry focused report looks at the use of data among wholesale distribution companies.