This article is a part of MDM's 2014 Distribution Trends Report. The article analyzes the trends in vending, including more thorough evaluation of vending programs and implementation of new technologies.
The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.
The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2014 report include:
Leaving Economic Uncertainty Behind
Connecting the Dots – Online and Offline
Need for Access ‘Whenever, Wherever, However’ Drives Mobile Adoption
Avoiding Information Overload Essential with Analytics
Making the Case for Millennials in Distribution
Training, Technology Take Front Seat in Employee Retention Strategies
Better Inventory Management Through Data, Collaboration
Distributors Seek More Complete Strategy for Vending
Private Equity Consolidating Markets
A More Practical Approach to Product Expansion
Trend Snapshots for 13 Sectors
The report also includes the following case studies and interviews:
In 2013, MDM spoke with scores of distributors, manufacturers and industry experts to research trends and events affecting the wholesale distribution industry. Many had a real talent for expressing the most important and complex issues of the day in just a few words.
Log-in below to get 2013's in Review: Top Quotes of the Year.
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Fastenal is largely credited with driving the latest boom in industrial vending services among distributors. Fastenal had nearly 30,000 vending machines installed as of the end of the second quarter 2013, and while it recently backed off on its goal of 30,000 new vending machines this year, it continues to expand its program, called FAST Solutions, at a quick clip. Fastenal’s vending program has grown much faster than the competition’s.
This article is part of MDM’s series on the industrial vending market.
Staff Writer Angela Poulson spoke with Fastenal CEO Will Oberton about:
The impetus for Fastenal’s vending program
Why Fastenal backed off its aggressive goal for 2013
What's next for Fastenal's vending program
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