News Digest 4923
MDM's top news briefs from News briefs from November 26 - December 10, 2019.
MDM's top news briefs from News briefs from November 26 - December 10, 2019.
Through its technical investments, Ferguson, No. 1 on MDMs Top Distributors List in 2019, is working to create seamless connections with customers across all touchpoints.
Given increased global competition and the rise in digital as a major sales channel, a value proposition has never been more important for independent distributors today. Consolidation is also likely to accelerate over the next five years; distributors who have not differentiated will either get acquired or go out of business.
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There are well-known quick fixes an inventory management solution can bring to a distributor, such as cutting back on disappearing products or eliminating user error from incorrectly typed SKUs on a manual tracking spreadsheet. But the data available from inventory management platforms can also present a long-term strategic opportunity in the form of improved demand planning, exposure of costly trends and even visibility into competitors share of customer spend.
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As we usher in the next year and decade, its timely to take a hard look at your own definition of value and whether its kept up with the changes in your customer segments, suppliers and internal capabilities. This current edition of MDM Premium provides multiple views on value proposition across the three main reports we include.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for PVF Metal MRO in the U.S., plus the top end users by 6-digit NAICS.
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As we usher in the next year and decade, its timely to take a hard look at your own definition of value and whether its kept up with the changes in your customer segments, suppliers and internal capabilities. This current edition of MDM Premium provides multiple views on value proposition across the three main reports we include.
Nonfarm business sector labor productivity decreased 0.2%.
Christopher J. Kuehn will succeed Susan K. Carter, SVF & CFO, who is retiring in 2020.