Amazon is already using AI to sort damaged goods, while Walmart uses ChatGPT to negotiate contracts with some suppliers.
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Alongside MDM’s own mid-September SHIFT Conference, see a rundown of all the industry events on our radar through early December.
Almost 200 people from AD member and service provider companies across various industries and multiple countries gathered in St. Louis.
The annual sales growth for the 12 months through June 2023 is 6.3% percent, according to HARDI's monthly report.
OSHA alleges the company failed to use established controls to ensure that injured employees received proper medical care.
The program caters to professionals in the construction and industrial space and will take place March 12-14, 2024.
Excluding Global's $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
It's a big week for industrial manufacturer's financial reports. We recap the key figures for six of them here.
For a second straight month, none of the PMI's 10 subindexes registered monthly expansion.
Lower volumes and last year's oil & gas divestiture weighted down on revenue growth, while the company continued to slash inventories.
Member sales in the first six months of 2023 reached a new record of $37.8 billion across 14 divisions and three countries.
The Conference Board Consumer Confidence Index rose again in July to 117.0, up from 110.1 in June and to the highest level since July 2021.Â
Amid cooling inflation, that figure is an acceleration from 1Q's 2.0% growth.
The industrial distribution giant's results seemed to outperform the rest of the sector, with a sequential revenue growth slowdown more subdued than what others have reported in this earnings cycle.
The increase follows a one-month pause in June and despite recent sharp declines in wholesale and consumer inflation rates.
“May is one of the most important months of the year for AC sales at HARDI distributors and the weather was not helpful," HARDI officials said.
A UPS worker strike could cause pandemic-like disruptions, the National Association of Wholesaler-Distributors President and CEO said.
The 2023 NAFCD + NBMDA Annual Convention will be held in Colorado Springs, Colorado, from Nov. 14-16.
Federal investigators also found the company made workers use their personal vehicles for deliveries and did not pay them when they did.
Operating margin improved year-over-year across all three key business units, while the pace of organic sales declined.
