MDM News Digest 4505
News briefs from Feb. 26 - March 10, 2015.
News briefs from Feb. 26 - March 10, 2015.
Mayer Electric, Birmingham, AL, has been a family business since its founding in 1930. CEO Nancy Collat Goedecke spoke with MDM about the processes the family developed and the challenges they have overcome to keep the company healthy and thriving.This article is part of a series on succession planning in distribution.
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Stagnant wages continue to offset the news of positive job growth.
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The MDM/Industrial Market Information Market Analysis includes consumption of cutting tools products by end user in the U.S., Canada and Mexico, plus the top 10 end users by industry in the U.S.
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Improved market access can drive long-term growth in both a distributors profitability and its market share. But it requires an analytical look at customers and opportunities. This article is the final installment in our series on customer profitability analytics.
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New division has potential to change the competitive landscape for buying/marketing groups.
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
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Annualized growth through January is 5.9 percent, just under the lower edge of the 2014 range.
Include critical vendors and service providers when grooming the next generation.
Sales of durable goods down 5.8 percent from last January.
Swiss regulator rules company not required to buy all shares, but questions remain.
"It is better to be roughly right than precisely wrong." When it comes to market analytics, the philosophy behind this statement usually attributed to economist John Maynard Keynes must be applied.