The decrease, down following two consecutive monthly increases, followed a 0.8% June increase.
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The Chicago Fed National Activity Index (CFNAI) was +0.53 in July, up from –0.01 in June.
Panelists debated whether advanced pricing could help distributors improve their margins during the latest MasterB2B “un-webinar” hosted by Andy Hoar and Brian Beck.
Distribution companies are garnering record-high valuations along with managing increased consumer demand and critical capacity constraints.
Essendant CEO and President Harry Dochelli has seen plenty of twists and turns during his nine-plus years with the company, but a few pillars, such as communications and culture, have always held true.
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Despite the challenges around inflation and supply chain, many distributors are focused on improving talent management.
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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.
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 June Manufacturing PMI registered 60.6%, which was just below the May reading of 61.2%, according to Manufacturing ISM Report On Business.
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.
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