Podcasts Archive - Modern Distribution Management

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S10E9: How Wajax Bulked Up its Product Offering with Service

Wajax Corp. has significantly expanded its Industrial Parts unit during the Iggy Domagalski’s first two years as CEO, and he stopped by to discuss key drivers for that business. We also touch on Wajax’s ongoing ERP rollout and technology initiatives, the company’s PPE enhancements, and the tailwinds and headwinds for fellow Canadian industrial distributors.

S10E8: A Home Depot-SRS Megadeal Breakdown

Distribution hasn’t seen a deal the magnitude of Home Depot’s pending $18.25 billion acquisition of SRS Distribution in quite some time — maybe ever. Mike Hockett and Craig Webb break down the key details of the combination, why it makes sense for Home Depot and why this was likely the long-term play for SRS all along.

S10E7: Inventory Opportunities in Slower-Demand Markets

Customers continue to work down inventory levels into 2024. James Dorn and John Gunderson outline action items for optimizing inventory levels – in partnership with suppliers – to stay nimble and gain share as competitors stumble on A and B items.

Quicktake 10.14.22: Mixed Signals, Full Speed Ahead

Our team has been on the fall conference tour. MDM’s Tom Gale and IRCG’s Mike Marks compare notes from conversations at Affiliated Distributors, NetPlus, ISSA, MDM’s own SHIFT event, and the latest Baird-MDM quarterly MarketPulse survey. Most distributors report double-digit growth, few signs of slowdown.

S7E11: Optimas Strengthens Leadership with Dual-CEO Structure

In an exclusive interview, Optimas Solutions Co-CEOs Mike Tuffy and Daniel Harms join the MDM Podcast to discuss how their elevation and newly announced roles provide additional stability to the global fasteners manufacturer and distributor.

S7E10: Winsupply President on Drones, Innovation, M&A and More

John McKenzie joins the MDM Podcast to discuss the distributor’s new drone delivery program and Innovation Center, as well as the strategy behind its frequent acquisitions. We also dove into how Winsupply’s employee-ownership opportunity pays dividends across the organization.

 

S7E9: Here’s How Bluon is Changing the HVAC Game

MDM’s Mike Hockett chats with Bluon CEO Peter Capuciati about the company’s formation and transformation from a refrigerant R&D company to providing a new database and app to remove friction between HVAC distributors, technicians and contractors.

Quicktake 09.16.22: Amazon’s Trade Practices Under Fire

In this latest MDM Quicktake podcast conversation, IRCG’s Founding Partner Mike Marks and MDM’s Tom Gale examine a California lawsuit against Amazon, the trade practices at play for distributors, and the broader issues for how distributors can differentiate with stronger value propositions.

 

Quicktake 09.09.22: What Will Distributors Create Going Forward?

Our latest QuickTake podcast discusses how distributors’ roles go beyond reacting to threats and opportunities that many have been preoccupied with since the pandemic arrived. 

S7E8: Grainger’s CFO Talks Tech Stack, Pricing Strategy and More

We chat with Dee Merriwether, CFO of Grainger, which took the top spot on MDM’s Top 2022 Industrial Distributors list. Our conversation covers the MRO giant’s risk mitigation, pricing strategy, how analytics have shaped its digital offerings, and much more.

S7E7: David Ruggles’ Unique Perspective on Digital Transformation

Serving as President of Martin Supply and chairman of ISA, David Ruggles stops by to discuss digital initiatives from both his company and the association, as well as the progress the greater industrial distribution sector has made on that front.

S7E6: Inside Ludwig Meister’s Continuous Transformation

Tom Gale chats with Max Meister, the CEO of Germany-based power transmission products distributor Ludwig Meister, a family-run company that took an inside-out journey to transform its operations over the past decade.

S7E5: The State and Benefits of Product Data Standardization

In this MDM Podcast, our analytics manager interviews ETIM North America Executive Director Mary Shaw, who provides expert insight into the current state of data standardization for manufacturers, distributors and end users. The discussion explores the benefits of standardizing product data and taking the next step into your data journey.

S7E4: Fragmentation isn’t Just Sector-Wide, it’s Within Each Market

We all know the distribution sector is highly fragmented, but to what extent? A chat with McKinsey partners Alex Abdelnour and Kevin Sachs dives into the state of fragmentation within various markets and the factors that separate leading distributors from laggards.

S7E3: The Evolving Role of Associations & Buying Groups

Ranga Bodla, NetSuite’s head of Industrial Marketing, stops by to discuss how the role of distribution associations and buying groups has evolved over the past decade — particularly from 2020 onward — and his company’s newly-launched initiative to better support those groups with education and networking opportunities.

Quicktake 07.22.22: Innovation from Major Deals Challenges PE Playbook

Mike Marks and Tom Gale explore the impact of recent landmark acquisitions and how the mission of strategic deals runs counter to that of private equity.

S7E2: What Sustainability Looks Like at Ferguson

Ferguson’s Vice President of Sustainability discusses the plumbing, PVF and waterworks distribution giant’s bold emissions reduction goals and what it will take to reach them, as well as Ferguson’s now-completed primary listing move from the London Stock Exchange to the New York Stock Exchange and what it means for the company.

Sponsored by Epicor

Quicktake 07.15.22: Distributors’ Strong Growth Persists Despite Contrary Noise

Our latest QuickTake podcast focuses on the importance of maintaining perspective and paying attention to actions and tangible data, rather than taking broad economic downturn talk at face value.

S7E1: Successful Customer Engagement Strategies

Monique Elliott, Senior Vice President, Global Marketing, Industrial Automation for Schneider Electric, explores successful customer engagement strategies in an increasingly distracted world. Not only crafting an effective customer experience – digital and otherwise – but as importantly how to help your own team overcome the internal challenges and develop a digital-first mindset and culture.

 

Quicktake 06.24.22: Transparent Communication vs. The Grapevine

Communication was the central topic in the latest Quicktake podcast featuring MDM’s Tom Gale and IRCG’s Mike Marks, as the two dug into what transparency really means.

Quicktake 06.17.22: VUCA Revisited – Focus on the Important

VUCA, unfortunately, has become a well-known acronym among business leaders since early 2020. MDM’s Tom Gale and IRCG’s Mike Marks explore where things stand as a swath of pessimistic economic reports have fueled even more volatility, uncertainty, chaos and ambiguity.

 

 

Quicktake 06.03.22: Economic Forecast and A Popcorn Shortage

The latest on the outlook for second half of the year for distributors, ways to manage inventory and inflation volatility, and a popcorn shortage. In this weekly review of current events and themes in distribution channels, Tom Gale & IRCG’s Mike Marks cut through the noise to share thoughts on what’s important, what’s not, and a peak around the corner on what really matters in creating value for customers.

 

 

S6E18: NAHAD Ensures its Hard Working Members Get to Play Hard

During the recent NAHAD Convention May 14-17 in Miami Beach, MDM Editor Mike Hockett was able to sit down with NAHAD Executive Vice President Molly Mullins for an interview to discuss the key factors that went into planning this year’s event, why members like attending it and being a part of the association, as well as how those members are handling market challenges.

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