Is Your Warehouse a Cost Center or a Profit Center?
Every part of a distributor's operations is part of the company's financial picture.
November 25, 2014
Ballard Hardware Rebrands as Ballard Industrial
New name reflects company's expanded services, product offerings.
IDEA Makes Executive Appointments
Organization names Paul Molitor as president and CEO.
Real Gross Domestic Product Up 3.9% in 3Q
Real GDP increase follows second-quarter increase of 4.6 percent.
Acme Names New CEO
Joel Hansen replaced interim president and CEO.
Report: Itochu to Sell PrimeSource
Company seeks $1 billion for buildings material distributor, according to Reuters.
Take Advantage of Training Opportunities in 2015
Popular resources include The Learning Center, University of Innovative Distribution.
Beacon Roofing Supply FY2014 Sales Up 3.8%
Profit for the year decreased 25.9 percent.
Air Liquide Acquires Two Companies
Company purchases Quebec-based Oxygne Pro-Tech Inc. and Mtalox (2000) Inc.
MDM News Digest 4422
News briefs from November 11-25, 2014.
Benchworks Acquires Safe Chain Solutions
Purchase helps company expand presence in life science industry.
Monthly Wholesale Trade Data: September 2014
Sales and inventories data for wholesaler-distributors in September 2014.
MDM Industrial Inflation Index: October 2014
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
This index includes:
- Abrasives Products
- Cutting Tools
- Power Transmission Equipment
- Fasteners
- Valves, etc.
- Power Tools
- Material Handling Equipment
- Belting
- Hand Tools
- Misc. Metal
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- MDM 3Q14 Pricing Trends Report
- MDM/Baird Survey: Sales Growth Hits Two-Year High
- The State of Analytics in Distribution
The Critical Role of Employee Training
A distributor that doesn’t provide training opportunities for its work force will get left behind in today’s competitive market. But training resources abound for wholesale distributors, including online, on-demand courses, giving companies of any size the chance to continuously educate their employees.
This article includes:
- The need for training within the industry
- Resources available for distributors
- Training areas where distributors are laging
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- Making Money With Smaller Customers
- College Recruiting Best Practices
- Robots and Drones in Distribution
Download this Issue in PDF: November 25, 2014
This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- MDM Interview: Creating a Culture of Innovation
- Commentary: IDG's Journey to Sonepar
- The Critical Role of Continued Training in Distribution
- Monthly Wholesale Trade Data: September 2014
- MDM Industrial Inflation Index: October 2014
- News Digest
Are you a subscriber? Simply log-in to view this issue.
Commentary: IDG’s Journey to Sonepar
Sonepar’s acquisition of Industrial Distribution Group is, in many ways, an end mark on a 20-year timeline of industry trends, challenges and shifts, all rolled into one deal. Where shall we begin? The best place is back to the future.
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- Disruptive Technologies: Behind the Drivers of Driverless Delivery
- Trends Snapshot: Electrical Distribution
- Global Competition on a Local Level
MDM Interview: Creating a Culture of Innovation
Adapting to the new business demands of a new generation of employees and customers requires a change in mindset, according to Dirk Beveridge, author of Innovate!: How Successful Distributors Lead Change in Disruptive Times.
This article includes:
- The need for a culture of innovation
- Engaging millennials in the industry
- Bringing social media to distribution
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Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- 7 Key Investments to Grow Online Revenue
- How Leaders Can Drive Company Culture
- Operations as a 'Lever for Innovation'
