Graybar’s Sales Up 4.5% in 2019
The company saw positive organic sales growth across all markets in 2019 as it celebrated its 150th anniversary and 90 years of employee ownership.
Graybar’s Sales Up 4.5% in 2019 Read More »
The company saw positive organic sales growth across all markets in 2019 as it celebrated its 150th anniversary and 90 years of employee ownership.
Graybar’s Sales Up 4.5% in 2019 Read More »
Two of the four broad categories of indicators that make up the index increased from January, and three of the four categories made positive contributions to the index in February. The indexs three-month moving average, CFNAI-MA3, decreased to 0.21 in February from 0.11 in January.
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Managing your customers through this COVID-19 crisis to maximize their long-term loyalty and profitability includes several steps, such as incorporating your emerging channel strategies, aligning sales compensation with your priorities, developing product substitution groups and preventing over-ordering.
5 Rules for Growing Customer Loyalty in the Time of Coronavirus, part 2 Read More »
The deal will enhance the companys portfolio and enable greater focus on core platform businesses.
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Much is being written about how to manage the supply chain threat of COVID-19. The problem is that virtually all of it focuses on disruption threats to inbound supply chains from suppliers. The equally important, longer-lasting challenge is managing your customers through the crisis period to maximize their long-term loyalty and profitability.
5 Rules for Growing Customer Loyalty in the Time of Coronavirus Read More »
The worldwide disruption caused by COVID-19 means distributors need to consider both short- and long-term action plans for your inventory and customer pricing programs. MDMs John Gunderson shares actions that are critical to helping your company anticipate customer needs.
6 Steps to Prep Your Company for Coming Coronavirus Disruptions Read More »
The AD Live virtual meeting was introduced the week prior after AD decided to shift their spring network meetings to virtual formats in order to minimize the risks associated with the current COVID-19 pandemic.
AD Hosts First Virtual Member Meeting Read More »
A potential customer who is already signed on with another distributor doesnt need your business but you can increase the chances that theyll want it. It starts with showing interest, says Channel Marketing Groups David Gordon.
How to Get Prospects to Want to Do Business with You Read More »
The acquisition is expected to further strengthen ABB’s relationship with leading Chinese electric vehicle manufacturers.
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot Read More »
Cook joined Motion Industries as senior vice president and CFO in November 2016.
Motion Industries Promotes Cook to EVP and CFO Read More »
A major part of the equation that has built so many incredible ongoing success stories in distribution face-to-face communication and interaction has virtually overnight been removed from the table indefinitely. But the real strength has always been in the depth and quality of our personal relationships, writes MDMs Tom Gale. That won’t change.
Care, Communicate, Plan: Distribution Value Will Weather a Coronavirus Crisis Read More »
The company is also increasing hourly wages for employees and partners who are in fulfillment centers, transportation operations, stores or those making deliveries so that others can remain at home.
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The event was scheduled to take place April 20-22 in Atlanta, Georgia.
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The acquisition expands the companys presence in the Idaho market.
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In a few short weeks coronavirus has dealt another blow to in-person meetings and personal relationship selling. But now is not the time to stop selling, argues MDMs John Gunderson. He frames the importance of continuity in your companys sales process in this time of crisis and thoughts on how to deepen the value those relationships have built over many years.
Support Your Customers: Don’t Stop Selling Because of Coronavirus Read More »
The company reported sales fell 0.5% in the fourth quarter.
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Brian Fitzgerald, Jeff Smith and John Donohue will service three different geographic regions.
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Sales for the fourth quarter were $87.9 million, a 19% increase year-over-year.
Allied Motion Sales Up 19% in 2019 Read More »
Insecurities about data quality, adequate budget, existing success and company bandwidth are common roadblocks to implementing a robust analytics program for distributors. ActVantages Senthil Gunasekaran analyzes the mindset behind these potential obstacles and what can happen when distributors work to move past them.
4 Analytics Challenges and How Distributors Can Overcome Them Read More »
For the fourth quarter, the company reported sales of $380 million, down 6.4% over the same period a year ago.
ParkOhio Sales Down 2.4% in 2019 Read More »