Endries International CEO Michael Knight discusses his first year leading the fast-growing OEM fasteners distributor, his thoughts on AI ethics and the power of coaching your staff.
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Now two weeks past MDM's marquee in-person thought leadership event, we reflect upon insights that several attendees shared from their experience there.
James Dorn and Tom Gale discuss distributors’ use of data analytics to inform profitability decisions in the year ahead, which figures to involve more strategy as firms can't lean on inflation.
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The company added $780 million in combined revenue from acquisitions during its fiscal 2023, which ended July 31. Find a recap of the distribution giant's financials.
The honors were announced at AD's Industrial & Safety North American Meeting Sept. 12-15 outside of Denver.
The news comes less than a month after plastics resin distributor M. Holland said it would be acquired by Ravago.
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Adding 400 jobs, it makes El Paso the copany's largest factory hub in the U.S.
Following July's considerable 1.0% monthly gain, August was held by somewhat by a drop in automotive output.
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Research lead Kevin Reid-Morris and Tom Gale discuss the insights, surprises and hopes for AI that this 2023 exploration surfaced, along with behaviors and supporting building blocks for distributor AI success.
In MDM's debut Spotlight feature, we profile how flexibility and forward vision continue to lead this plumbing, HVAC and PVC supplies distributor after more than 126 years.
With less industry concern over the economy and supply chain, August gave MDM a chance to explore other topics that haven’t dominated headlines in 2023.
STAFDA CEO Georgia Foley stops by to discuss the association's new educational initiative, how U.S. Infrastructure Bill funds are impacting industry demand and to preview the group's annual convention.
Strandquist's career included executive roles at Martin, Optimas Solutions and Würth Industry North America.
With budgets and operational planning already eyeing the year ahead, Mike Marks and Tom Gale explore where distributors have the most leverage, and where their common gaps are.
The rule would raise the salary threshold for guarantee overtime pay from its current $35,668 to $55,000 and include a future provision.
It's the distributor's second deal in as many months, further boosting its Industrial Parts and Engineered Repair Services business units.
While in contraction territory for a 10th straight month, a handful of key subindexes trended positive vs. July.
