Sonepar USA and Point A will work together with other member companies and institutions to develop practical supply chain and logistics solutions that benefit customers, suppliers and associates.
February 10, 2020
For the full year, Fastenal reported sales of $5.3 billion, up 7.4% compared to 2018.
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The global e-commerce marketplace is maturing. With distributors exploring more opportunities to invest in online platforms and digital capabilities, MDM spoke with Alibaba Groups John Caplan about Alibaba.coms recent U.S. expansion and how the China-based B2B platform seeks to differentiate its relationship with distributors. Also impacting the international market is President Trumps signing of the United States-Mexico-Canada Agreement. Once ratified, distribution leaders are optimistic the trade deal will improve regulatory alignment, reduce redundancies, increase transparency and overall advance and expand on trade between the North American countries.
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The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for HVACR in the U.S., plus the top end users by 6-digit NAICS.
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MDM's top news briefs from News briefs from January 26 - February 10, 2020.