April 2020 - Page 4 of 5 - Modern Distribution Management

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April 2020

Stock market graph global crisis couased by corona virus SARS-C

COVID-19: Distributors Take Hit in Late March, Move to Weather Q2

The coronavirus hit distribution hard in the second half of March, according to a first look at the latest MDM-Baird quarterly survey. And distributors are acting quickly to protect the balance sheet and cash flow. Heres a recap of Fridays MDM LIVE program, where panelists shared the latest numbers on how quickly distributor revenue is declining, as well as what distributors are doing now to stem losses and conserve cash.

Ultimation Industries Grows Online Sales with Boost from Amazon Business

After initial success through its own website, the Michigan manufacturer first looked to broaden its customer base with a few items on Amazon about five years ago. CEO Jacqueline Canny explains how the e-commerce giant has helped to supplement Ultimations e-commerce expansion and bring in a wider audience for its conveyor technology and automation products.

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