Distribution could be in the midst of a consolidation phase. Industrial Distribution’s latest Annual Survey of Distributor Operations, for example, shows that 25 percent of industrial distributors would be agreeable to accepting a buy-out offer, up from 19 percent last year.
An Employee Stock Ownership Plan (ESOP) is a kind of employee benefit plan, similar in many ways...
With its diverse economy comprised of retail, apparel, and manufacturing industries and its...
According to OSHA, slips, trips, and falls constitute the majority of general industry accidents...
3D printing is being touted as the most disruptive technology to hit the industrial marketplace in years, but exactly how will manufacturers and distributors be affected?
Social media: should you be allocating valuable time and resources to this modern day tool? After speaking with a number of distributors, marketers, and industry partners in the distribution channel, the overwhelming conclusion is “yes.”
Check out the annual Salary Report from Industrial Distribution, where we strive to create a clear picture of industry pay rates, workload, responsibilities, and job satisfaction.
With mergers and acquisitions at a 13-year high, there is a pandemic identity crisis in business today. This merging and melding of cultures presents a special challenge for companies. The lack of identity confuses and confounds employees and customers.
A quick look around at many of the national “big box” stores, or at the large e-commerce distributors in our industry, will tell you how prevalent private labeled products are today, both in industrial and retail markets.
Recently, the FBI released a bulletin titled “Man-in-the-Email” Fraud Could Victimize Area Businesses, outlining how three Seattle area businesses sent electronic payments to their China-based suppliers, only to learn that the payments were intercepted by thieves and diverted from the supplier, sometimes leaving the supplier, and other times the purchaser, “holding the bag.”
DXP Enterprises, Inc. has a history of providing solutions right where they are needed. The company started as Southern Engine and Pump Company in 1908, providing water pumps – and even cotton gin engines – to the rice and cotton industries in the surrounding Texas countryside.
Environmental Health and Safety (EHS) programs cover a broad range of disciplines including industrial hygiene, environmental compliance, and general safety. The goal of a program is to protect the health and safety of employees, the local community, and the environment from potential hazards that are presented by the operations conducted at the facility.
Quebecers are particularly hostile toward the development of shale gas, but this aversion is driven less by 'not in my backyard' attitudes than 'not in anyone's backyard,' according to a comparative study of 2,500 Quebecers and Americans.
If you are already participating on a couple of social platforms, make sure that you are doing so with a distinct strategy. Leaving the task of managing the channel to whomever, whenever is a sure recipe for failure.
Lighting in America is big business. Not just in the scope of money invested toward new illumination, but also in the sheer volume of electricity required to keep the lights on.
No matter what your industry, the design of your warehouse has far-reaching ramifications for efficiency and savings. The layout should make sense, and items should be accessible at short notice.
The New Markets Tax Credit (NMTC) Program, established back in 2000 to spur economic development in blighted communities around the U.S., actually doesn’t exist anymore. The credit expired at the end of 2013, despite a bill in Congress that would have permanently added it to the U.S. tax code.
Doing business on the internet has inherent risks, many of which can be substantially minimized by establishing clear contract rights with prospective and actual purchasers.
Many industries face challenges when it comes to providing a cool working environment, particularly in heat-susceptible areas such as industrial plants, warehouses, and manufacturing facilities. These extreme-heat situations can impact worker safety and productivity, and certainly, the company’s bottom-line.
In today’s market, end users expect their distributors to deliver real, measurable value. Large national accounts typically require distributors to commit to specific cost savings as a condition of winning their business — something that is not always easy for distributors to achieve.
For a recent webinar, Jack Keough was joined by Dan Ahuero, Vice President of Mergers & Acquisitions at The United Distribution Group; Jennifer Judge Murphy, President of NetPlus Alliance; and Steve Short, President and Owner of Updike Supply Company, to discuss the changing marketplace and how independent distributors still fit in the mix.
Like many small and medium sized businesses in this space, opportunities for growth can be cumbersome or resource-prohibitive, yet Tacoma Screw has been able to create opportunities for reaching new customers and adding a layer of enhanced service to its existing base.
The latest partnership for electronics component giant Digi-Key reinforces the trend of distributors working to enhance their value and distinguish themselves from the competition with unique, service-oriented offerings … including software.
A variety of industry forces are driving the need among industrial companies for a comprehensive energy management system, but it’s profitability that’s ultimately motivating much of this activity.