HARDI Distributors Report 2.7% Revenue Growth in August
The average annualized sales growth for the 12 months through August 2019 is 7.6%.
The average annualized sales growth for the 12 months through August 2019 is 7.6%.
West was most recently senior vice president of Synovos.
Laura Thompson will also serve as a member of the Board's Audit Committee upon her appointment.
IT and culture issues are often a direct result of a siloed team dynamic.
The unemployment rate was unchanged at 3.7%.
In the first quarter, real GDP increased 3.1%.
Upon Smith's departure, NN will have seven directors, six of whom are independent.
Talk of a potential slowdown isnt stopping these manufacturers and distributors from anticipating a relatively strong year ahead.
The industry is at an inflection point from a melting pot of trends that have been boiling over into more sectors of distribution. The biggest burner has been the technology revolution, which has us in this venturi of intensifying heat that is testing traditional distribution models like never before.
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Wholesale revenues, inventories and ratios from July 2019.
Distributors and manufacturers alike are facing similar challenges when it comes to attracting and retaining the right employees for their organization. Issues include the growing cost of wages, a shortage of available qualified laborers and an aging workforce.
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Despite some softening in the first half of 2019, most MDM Trends survey respondents feel relatively optimistic about the coming year, but would like to see the tariff dispute come to an end.
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In MDMs 2019 Market Trends survey, we asked the industry to share whats on your mind as we head into 2020. The start of a new decade is carrying some old concerns with it, namely challenges surrounding retention and acquisition of talent, updating and taking advantage of evolving technology and the possibility of dealing with an economic downturn.
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MDM's top news briefs from News briefs from September 11 - September 25, 2019.
As we approach the next decade, this industry is at an inflection point from a melting pot of trends that have been boiling over into more sectors of distribution.
Distributors and manufacturers are increasingly investing in digital capabilities to reach larger audiences, understand customer preferences and grow their business.
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The Index now stands at 125.1, down from 134.2 in August.