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Many distributors struggle to effectively separate what should be stocked from what shouldn’t, according to Jon Schreibfeder, president of Effective Inventory Management Inc. But by ranking inventory by activity levels, cost of goods sold and profitability, distributors can determine when and whether to stock products.

This article, an exclusive summary of the recent MDM Webcast, Effectively Analyzing Your Inventory Investment. Access the webcast at www.mdm.com/inventory-investment, includes:

  • How to differentiate between "stock" and "stuff"
  • Evaluation of the right levels of the different types of stock
  • How to rank your products for effective management

Subscribers should log-in below to read this article.

Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:

  • Inventory: The Good, The Bad and The Ugly
  • Make Your Data Work to Grow Profitability
  • Case Study: Minimizing Surplus Inventory


 

growth-tape-measure-plant

Distributors are now driving record growth in industrial vending adoption among end-users. Even though vending has been around for a couple of decades in the industrial space, many say it still has a huge runway for growth. But as with any trend in its “infancy,” distributors looking to expand their vending services are faced with challenges, from initial investment to profitability to getting up-to-speed quickly on all available options to effectively respond to customer demands. This article examines key challenges identified by distributors and provides best practices for addressing them.

This article is part of MDM’s series on the industrial vending market.

This article includes:

  • Why distributors should take an offensive stance with vending
  • The challenge of profitability & product mix
  • Vending's impact on relationships
  • The importance of aligning expectations around vending

Subscribers should log-in below to read this article.

Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:

  • Industrial Vending: 'A Runway for Growth'
  • Distributors Get Smarter About Vending
  • Vending 'Explodes' as a Service

Purchase the full MDM Special Report, The Industrial Vending Boom, in the MDM Store in PDF format.

inventory-mgmt
This article is part of MDM's 2013 Distribution Trends Report. It examines current trends in inventory management for distributors, who are facing increased pressure in the supply chain.

The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.

The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.

Trends outlined in the 2013 report include:

  • Generational Shift Drives Changes in Technology, Customer Expectations
  • Hiring in Distribution Complicated by Lack of Visibility, Shifting Needs
  • The Rise of Little Data in Distribution
  • Distributors Get Smarter About Vending
  • Distributors Get Aggressive with Inventory Management
  • Vendor, Distributor Consolidation Continues
  • Wallet Share, Customer Demands Drive Channel Convergence
  • Other Trends
  • Trend Snapshots for 14 Sectors

The report also includes the following case studies and interviews:

  • 2013 MDM Market Movers
    • Replenex Builds Culture of Cost Savings
    • A&M Industrial Finds Niche in Essential Services
    • Strategic Planning Pays Off for Machinery Tooling & Supply
  • MDM Market Leader Profiles
    • Interline Brands' Focus on Jan-San
    • Arrow Electronics Plots a Global Course
IndVendingRecReading
This article is part of MDM's 2013 Distribution Trends Report. This article looks at how distributors are getting smarter about how and when they sell and use vending machines.

The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.

The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.

Trends outlined in the 2013 report include:

  • Generational Shift Drives Changes in Technology, Customer Expectations
  • Hiring in Distribution Complicated by Lack of Visibility, Shifting Needs
  • The Rise of Little Data in Distribution
  • Distributors Get Smarter About Vending
  • Distributors Get Aggressive with Inventory Management
  • Vendor, Distributor Consolidation Continues
  • Wallet Share, Customer Demands Drive Channel Convergence
  • Other Trends
  • Trend Snapshots for 14 Sectors

The report also includes the following case studies and interviews:

  • 2013 MDM Market Movers
    • Replenex Builds Culture of Cost Savings
    • A&M Industrial Finds Niche in Essential Services
    • Strategic Planning Pays Off for Machinery Tooling & Supply
  • MDM Market Leader Profiles
    • Interline Brands' Focus on Jan-San
    • Arrow Electronics Plots a Global Course
12TrendsForDistributionIn2013

This article, based on interviews with distributors and manufacturers and the 2012 MDM Reader Survey, outlines and analyzes key trends and issues affecting how distributors will do business in 2013.

The year 2012 was marked by uncertainty. It’s a word we heard over and over again as we approached the presidential election in November. But despite that uncertainty, we saw movement in several areas this year. Mergers and acquisition activity picked up significantly in wholesale distribution, and technology was a key driver of many of the top trends going into 2013.

Here are 12 trends affecting distribution in 2013: ...

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