As distributors compete in an increasingly complex environment with non-traditional distributors amidst accelerating growth of digital channels and supply chain disruptions, using data (analytics and insights) to generate, manage and sustain profitable growth is becoming a key trait of resilient distributors.
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The most successful customers and SKUs don’t just happen; they are the product of orchestrated investment of commitment, time, planning, effort, money, process, product and energy.
The chief marketing officer for the industrial distributor took that approach to heart during COVID, and on our latest podcast, he shared how the company has innovated to benefit itself and — most importantly — its customers.
Quantum computing offers a significant opportunity to solve complex constrained optimization problems in near real-time, as demanded by modern distribution challenges, with more accuracy and better answers to drive better decisions.
The pandemic has provided a unique opportunity for companies to prove their value in the supply chain — and they can look to Aerosmith and Gwen Stefani as examples.
Flexibility allows organizations to pivot during times of disruptive and radical change. Limble CMMS's Bryan Christiansen highlights interlinked strategies that distribution leaders can implement to reinforce adaptability and flexible operations.
Palmer-Donavin’s Robyn Pollina talks about the importance of supplier relationships in the face of unprecedented demand for the company’s building products.
The distributor’s revenue was flat in 2Q as safety sales dipped, but it beat analysts’ EPS expectations behind solid construction activity and increased digital sales.
Digital commitments are paying off for the 2021 MDM Digital Innovator award winners, thanks to their quick action and customer-centric initiatives.
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The MRO distributor has committed to reinvest the money it’s been saving into growth initiatives. Based on fiscal 3Q results, the company’s plan is working.
Bloomreach’s Jason Hein talks about how a good customer experience is key for both traditional and digital distributors.
MasterB2B panelists take on the topic of company-owned marketplaces in a “unwebinar” hosted by Brian Beck and Andy Hoar.
John O'Kelly, the founder and president of Newcastle Systems, outlines how to get started with warehouse automation — and how it can help your business prosper.
The second quarter ended with a healthy amount of M&A across distribution, with some familiar names announcing market-shifting deals.
The building materials behemoth dropped a sizable pile of cash on a software provider as the distributor doubles down on its digital capabilities.
On our latest MDM Podcast, Kevin Short of ORS Nasco said COVID is no excuse for not providing stellar customer service, which is a key component of a strong company culture.
To change company culture for the better, sponsoring employees to pursue higher education through tuition reimbursement is one of the most authentic investments in workplace culture that distribution companies can make.
If you’re only looking at enhancing the linear model that got you here, you may not be looking deep enough at core cost structures and exposures today. Or the ways you could make digital a deeper core competency.
Three key themes from conversations with executives at Fastenal, Winsupply, Lawson Products and W.W. Grainger.