Five Technologies That Are Disrupting Distribution Right Now
Distributors that embrace new technologies will find doing business becomes easier and more profitable.
Five Technologies That Are Disrupting Distribution Right Now Read More »
November 26, 2018
E-commerce as Competitive Advantage
The wholesale distribution industry is making the transition to e-commerce, but it is doing so slowly. Early adopters of transaction-enabled websites are not only positioning themselves well for the future but are also gaining a competitive advantage in the shorter term. This article is drawn from a white paper based on research conducted by Modern Distribution Management (MDM) and sponsored by BigCommerce. To request a copy of the full report, use the link provided at the end of this article.
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Commentary: Innovation Is More Than Strong Technology
Innovation has become a buzzword thats had the tar and meaning beaten out of it. Thats unfortunate, because it cuts to the heart of how distributors are going to find growth and market share in 2019. As the favorable economic tailwinds of 2018 start to show signs of shifting, the time to determine whats going to drive revenue in 2019 is now.
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JIS Creates Pushbutton Restocking Capability
When Jergens Industrial Supply (JIS), a division of Jergens, Inc., first launched its Wi-Fi enabled button-based ordering system JIS Express earlier this year, general manager Matt Schron viewed it as a trial to see if customers would like having an Internet of Things (IoT) solution to manage their inventory. Individual products are paired with a physical button that logs a re-supply request each time a customer pushes it, similar to Amazons Dash button in the consumer market.
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Data That Drives Customer Experience
Distributors looking to grow and compete in the digital landscape need to take a structured approach and build a system. This excerpt from the book Digital Branch Secrets: eCommerce Playbook for Distributors outlines a critical component of this system your product content.
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Monthly Wholesale Trade Data: September 2018
Wholesale revenues, inventories and ratios from September 2018
Monthly Wholesale Trade Data: September 2018 Read More »
MDM Industrial Inflation Index: October 2018
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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Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- Distribution M&A Playbook, pt. 3: Integration Best Practices
- Grainger’s Pricing Initiative, pt 2: The Quest for Optimization
- Commentary: Harvey’s Stark Reminder on Disaster Planning
MDM Industrial Inflation Index: October 2018 Read More »
MDM News Digest 4822
MDM's top news briefs from November 11 - November 25, 2018
MDM News Digest 4822 Read More »
Download this Issue in PDF: November 25, 2018
This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- E-commerce as Competitive Advantage
- Commentary: Innovation Is More Than Strong Technology
- JIS Creates Pushbutton Restocking Capability
- Data That Drives Customer Experience
- Monthly Wholesale Trade Data: September 2018
- MDM Industrial Inflation Index: October 2018
- MDM News Digest 4822
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HD Supply Exec Receives Leadership Excellence Award
Anna Stevens, vice president of human resources, honored by Georgia Diversity Council.
HD Supply Exec Receives Leadership Excellence Award Read More »
Kimball Midwest Named Family Business of the Year
Central Ohio agency recognizes distributor for its contributions to industry, community.
Kimball Midwest Named Family Business of the Year Read More »
Sandvik to Acquire Chinese Toolmaker
Sandviks Seco Tools division expands machining solutions business with purchase of Kunshan Ousike Precision Tools Co., Ltd.
Sandvik to Acquire Chinese Toolmaker Read More »
IDI Independent Distributors Names President
Rob Dewar takes over the role effective immediately.
IDI Independent Distributors Names President Read More »
Chicago Fed National Index Up in October
Index points to slight increase in economic growth during the month.
Chicago Fed National Index Up in October Read More »
Statistics Canada: CPI Up 2.4 percent in October
All eight major components rose year over year in October.
Statistics Canada: CPI Up 2.4 percent in October Read More »
