News Digest 4923
MDM's top news briefs from News briefs from November 26 - December 10, 2019.
December 10, 2019
Building a Ferguson for the Future
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.
Wholesale Distribution Value Series: Creating Value with a Clear Value Proposition
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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Beyond the Basics of Inventory Management
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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Commentary: Table Stakes Today: Customer-Focused Value Definition
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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Market Snapshot: PVF Metal MRO
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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Download this Issue as a PDF: December 10, 2019
This is the PDF of this issue of Modern Distribution Management.
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Table Stakes Today: Customer-Focused Value Definition
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.
Revised Manufacturing Sector Labor Productivity Grew 0.1% in the Third Quarter
Nonfarm business sector labor productivity decreased 0.2%.
Ingersoll Rand Announces CFO Succession Plan
Christopher J. Kuehn will succeed Susan K. Carter, SVF & CFO, who is retiring in 2020.
