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What's more, the dollar's decline, though not ideal, is helping U.S. businesses selling overseas.
Fitch had four locations in Oklahoma and Texas.
Pacific Welding Supplies will continue to operate as a separate division.
Go back to basics to improve cash flow: Better manage A/R.
Acquisition expands Cooper Industries' access to marine, mining and offshore drilling end-markets.
K&D Pratt Industrial Division has three facilities in the Atlantic Provinces.
All four regional industry sectors included in the CFMMI posted increases.
Acquisition of JCS Co., Ltd., will provide Caterpillar's first factory in South Korea.
Vendor Managed Inventory services are gaining ground. This article considers the challenges to implementing managed inventory programs, whether a manufacturer or a distributor is providing VMI to customer. MDM spoke to Fastenal and Updike Supply, as well as inventory expert Jon Schreibfeder and two vendors to gain perspective on current trends in VMI.
With uncertainty dominating the economic landscape, companies are continuing to look for ways to cut costs. Many have already cut staff and production to levels not experienced in decades. They have outsourced tasks that could be done for less outside of the firm. But what about inventory management?
More customers are showing interest in using inventory management services from their suppliers, according to those who supply those services. Many larger public distributors …
In MDM's 2010 Economic Forecast for Wholesale Distribution Webcast, Adam Fein painted a not-so-rosy picture of what this recovery is likely to look like. For a number of reasons, not many distributors will feel much of a bounce. It will be more like a grind to find growth in new areas as we emerge from the worst recession since World War II. While he agrees with many other economists that technically the third quarter will probably be the official end of the recession, 2010 is still going to be a slow-growth year for many distributors.
