MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

How Can You Offset Price Increases?

How Can You Offset Price Increases?

February 11, 2011

In the recent MDM/Baird fourth quarter distribution benchmarking survey, just 6 percent of distributors and manufacturers said that they were expecting no impact from price hikes in the first half of 2011.

Many manufacturers held off on price increases in the past two year due to heightened price sensitivity in the recession. But thanks to product/material shortages  and raw material cost volatility, many distributors and suppliers say they are seeing "fast and furious" price increases right now. Those increases are making distributors look more closely at what they can do to offset them or pass them on successfully.

Some strategies for offsetting increases include trimming inventories, improving internal efficiencies and supplying alternative solutions in "certain competitive situations," according to the MDM/Baird survey.

I looked at this issue in the latest issue of MDM Premium. Read that article: Distributors Grapple with Price Increases.

Here are some related MDM articles on pricing and profitability:

The MDM research team has devised a new product that can help MDM readers stay on top of price trends on a month-to-month basis. The new Inflation by Commodity Group monthly report is available here.

Watch this video to learn more about this data service:

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Post a comment to this article

Partner Center