2020 - Page 14 of 15 - Modern Distribution Management

Log In

Search

2020

EMUGE Appoints Kennametal Veteran as National Account Manager

Leave a Comment / Human Resources, News, Operations /

Emuge Corp., West Boylston, Massachusetts, has named Scott Lowe as national accounts manager for the U.S. and Canada. In his new position, Lowe is responsible for developing and managing channel partner relations with key customers, distributors and integrated suppliers of Emuge products. “I am very pleased to welcome Scott to Emuge to further strengthen our sales organization […]

EMUGE Appoints Kennametal Veteran as National Account Manager Read More »

Fastenal 2021 net sales 4Q

Fastenal Quarterly Report Reinforces How Customer Dynamics are Changing

Leave a Comment / Operations /

Not long ago, the B2B distribution business presented a fairly simple equation: The more calls your skilled account managers could make on customers, the more those customers would buy. You built your sales process on this foundation of face-to-face interactions. You won by having the best team, with the right inventory in branches near the

Fastenal Quarterly Report Reinforces How Customer Dynamics are Changing Read More »

Manufacturing Production Increased 0.2% in December

Leave a Comment / Economic Trends, News, Research /

Industrial production declined 0.3% in December, as a decrease of 5.6% for utilities outweighed increases of 0.2% for manufacturing and 1.3% for mining, according to the latest data from the Federal Reserve. For the fourth quarter as a whole, total industrial production moved down at an annual rate of 0.5%. At 109.4% of its 2012 average,

Manufacturing Production Increased 0.2% in December Read More »

Robot Hand on Laptop

5 Ways You Can Use AI to Win the 2020s

Leave a Comment / Technology /

In the coming years, major disruptive forces are aligning that will potentially restructure the wholesale distribution industry, McKinsey analysts recently predicted. However, the report notes, “while the overall picture may look bleak, we see opportunities across sectors. A handful of industry leaders are growing share and margin.” In other words, distributors can win the next decade

5 Ways You Can Use AI to Win the 2020s Read More »

AgoNow Joins IBC Buying Group

Leave a Comment / News /

AgoNow, Tulsa, Oklahoma, an industrial wholesaler and channel solutions provider, has joined the IBC industrial buying group.  AgoNow partners with distributors and manufacturers of industrial MRO, commercial construction, welding and safety products. As a wholesaler, AgoNow does not sell directly to end-users. “The addition of AgoNow enhances our members’ fulfillment and logistics capabilities with end users,” said Mark

AgoNow Joins IBC Buying Group Read More »

AD Names President of Plumbing, PVF-US Divisions

Leave a Comment / Human Resources, News, Operations /

AD, Wayne, Pennsylvania, the largest contractor and industrial products wholesale buying group in North America, has promoted Justin Dunscomb to president of the Plumbing and Pipe, Valves and Fittings-U.S. Divisions within the Plumbing, Heating, Cooling and Pipe Business Unit. The two divisions will continue to operate separately for the purposes of governance, boards, networks and committees. Most recently,

AD Names President of Plumbing, PVF-US Divisions Read More »

How to Overcome Barriers to Delivering Integrated Supply Solutions

Leave a Comment / Management, Strategy /

Your customers seek innovative, cost-effective integrated supply solutions. But a commitment to integrated supply requires substantial resources dedicated to sourcing, logistics, identification, multi-shift staffing, KPI reporting and more. How do you get into this space with such high barriers to entry? Consider a hybrid integrated supply model that can mitigate your risk and resource investment

How to Overcome Barriers to Delivering Integrated Supply Solutions Read More »

MSC’s Sales Down 1% in Fiscal First Quarter

Leave a Comment / Earnings, News, Operations /

Industrial distributor MSC Industrial Direct Co. Inc. (NYSE: MSM), Melville, New York, reported fiscal 2020 first quarter sales of $823.6 billion, a 1% decrease compared to fiscal 2019. Annual profit was $65.4 million, a 11.8% decrease compared with the first quarter last year. Ecommerce sales inched up barely in the quarter, which ended Nov. 30, but remained

MSC’s Sales Down 1% in Fiscal First Quarter Read More »

Builders FirstSource CEO to Retire in 2020

Leave a Comment / Human Resources, News, Operations /

Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, has announced that CEO Chad Crow will retire this year after 20 years with the company. Crow will leave after assisting the company’s board of directors in hiring his replacement. He will also continue to work with Builders FirstSource in a consulting capacity for a period of time following the appointment

Builders FirstSource CEO to Retire in 2020 Read More »

Fortive Names New Global Industrial Company

Leave a Comment / News /

Fortive Corp. (NYSE: FTV), Everett, Washington, has announced that the name of the new global industrial company which is expected to separate from Fortive later this year will be Vontier Corporation. Vontier will focus on transportation and mobility markets and will be comprised initially of a portfolio of leading retail and commercial fueling, fleet management, and

Fortive Names New Global Industrial Company Read More »

7 Ways for Distributors to Start the Year Off Strong

Leave a Comment / MDM Blog /

As we all recognize, changes are coming faster, manufacturers are spreading out geographically, customers are expecting rapid response and technology continues to bypass the breakthrough visions of a just few years ago. Add to that the volatility in ownership patterns (mergers, private equity, public offerings, spin offs and more), and we often find that most

7 Ways for Distributors to Start the Year Off Strong Read More »

Grainger Announces Leadership Change in Online Business

Leave a Comment / Human Resources, News, Operations /

Grainger (NYSE: GWW), Chicago, has announced that David Rawlinson, senior vice president and president, Grainger Online Business, will be leaving the company effective February 1, 2020, to become the CEO of a newly formed public company. Rawlinson joined Grainger as Vice President, Deputy General Counsel and Corporate Secretary in 2012, and progressively expanded his experiences, taking on leadership of

Grainger Announces Leadership Change in Online Business Read More »

Manufacturing Employment Fell by 12,000 in December

Leave a Comment / Economic Trends, News, Research /

Total nonfarm payroll employment rose by 145,000 in December, and the unemployment rate was unchanged at 3.5%,according to the U.S. Bureau of Labor Statistics. Notable job gains occurred in retail trade and health care, while mining lost jobs. Manufacturing employment was down by 12,000. Employment in the industry changed little in 2019, growing by 46,000, after increasing in 2018 by 264,000.

Manufacturing Employment Fell by 12,000 in December Read More »

Motion Industries Names VP of Central Group

Leave a Comment / Human Resources, News, Operations /

Motion Industries, Birmingham, Alabama, a subsidiary of Genuine Parts Company (NYSE: GPC), has named Chris Pacer to vice president of the company’s newly formed Central Group. Pacer has more than 24 years of experience within the industry and has spent the last 22 years with Motion Industries, which were dedicated to various key roles throughout the organization.

Motion Industries Names VP of Central Group Read More »

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

This field is for validation purposes and should be left unchanged.
Name(Required)

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!