The company will become a division of OTP Industrial Solutions.
The company reported daily sales up 6.3% versus a year ago.
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Dependence on traditional measures such as gross margin can put a drag on growth and profits. New metrics such as cash-flow value to expenses or expenses as percent of revenue, combined with customer-focused services, are propelling those who take advantage of them, says WayPoint Analytics Randy MacLean.
The branches are in Ohio, North Carolina, Pennsylvania and California.
Deal expected to close by the end of September.
MDM's top news briefs from News briefs from August 26 - September 10, 2019.
Daniel Zhang succeeds Jack Ma, who announced his retirement one year ago.
Distribution companies are increasingly hearing about the digital transformation imperative for a reason. Making the technology investment is no longer optional. As explained in presentations at MDMs 2019 Digital Distributor Summit, commoditization, competitive innovation and changing market dynamics are combining to forever alter the distributors traditional value proposition.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Safety Products in the U.S., plus the top end users by 6-digit NAICS.
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- The Coming Commoditization of Distribution, Part I
- Commentary: Digital Strategy: An Ongoing, Company-Wide Initiative
- The Old Value Proposition is No Longer Enough
- Market Snapshot: Safety Products
- News Digest 4917
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Winsupply of West Orange in Ocoee will serve residential plumbing, MRO contractors.
The DeSoto facility is now fully operational and key to the companys UX strategy.
President, SVP and CFO roles changing.
Distributors who embrace the process of innovation are honing a valuable skill.
Deal expands the distributors facilities maintenance operations in Houston.