MDM News Digest 4505
News briefs from Feb. 26 - March 10, 2015.
March 10, 2015
Mayer Electric: Protecting the ‘Goose that Laid the Golden Egg’
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.
This article includes:
- Important decisions involved in succession planning
- Challenges a family business faces
- Preparing the next generation
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- MDM Interview: Creating a Culture of Innovation
- Succession Planning: Executing the Strategy
- Manufacturing’s Millennial Dilemma
Commentary: Mixed Signals on U.S. Economy
Stagnant wages continue to offset the news of positive job growth.
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- Fasten Your 2015 Seatbelts
- Global Economy Faces Uneven Growth
- MDM-Baird Distribution Survey: Growth Exceeds Expectations
Market Analysis: Cutting Tools Consumption in North America
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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- Is This the Next Normal?
- Market Analysis: Chemicals Consumption in North America
- MDM Pricing Trends Report: Fourth Quarter 2014 and Annual
Improve Market Access to Unlock Potential
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.
This article includes:
- Customer segmentation
- Growth and profit opportunities
- Aligning services with customer needs
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- Grainger Tackles the Data Challenge
- Tackling the Profitability Yo-Yo
- 3 Margin Levers of Customer Profitability Analytics
AD Launches Bearings/Power Transmission Division to ‘Fill Vacuum’
New division has potential to change the competitive landscape for buying/marketing groups.
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- IDGs Journey to Sonepar
- MDM Interview: Lawson Products Revitalization
- Economic Trends Open Opportunity Windows
Download this Issue in PDF: March 10, 2015
This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- Mayer Electric: Protecting the Goose that Laid the Golden Egg
- Commentary: Mixed Signals on U.S. Economy
- Improve Market Access to Unlock Potential
- AD Launches Bearings/Power Transmission Division to 'Fill Vacuum'
- Market Analysis: Cutting Tools Consumption in North America
- News Digest
Are you a subscriber? Simply log-in to view this issue.
HARDI Distributors Report 2.3% Sales Increase in January
Annualized growth through January is 5.9 percent, just under the lower edge of the 2014 range.
Succession Planning Critical at All Levels of Business
Include critical vendors and service providers when grooming the next generation.
January Wholesale Revenues Down 1% YOY
Sales of durable goods down 5.8 percent from last January.
Ruling Favors Saint-Gobain in Takeover Bid
Swiss regulator rules company not required to buy all shares, but questions remain.
Why Perfection is a Barrier to Progress
"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.
