As the calendar turns from business management planning to implementation and execution for 2014, global distributor Avnet, Inc. offers insights into trends that will influence the global supply chain in the new year and beyond.
Industrial Distribution recently had the chance to speak with Mike Mayer, the Director of E-Business Strategy and Commerce with Crescent Electric, about its strategy and experience in rolling out the platform.
“This helps explain why risk in a complex supply network often remains hidden,” says Simchi-Levi, who is co-director of MIT’s Leaders for Global Operations program. “The risk occurs in unexpected locations and components of a manufacturer’s supply network.”
During the last decade, the amount of information available to help guide B2B marketing decisions has exploded. It is estimated that B2B marketers in the United States spend about $85 billion a year to promote their goods and services; however, little research has existed until recently in understanding what the B2B buyer seeks in their considered purchase decision process, and how they want to receive and consume marketing efforts.
For logisticians and production managers trying to keep their business up-to-date, it can be difficult to follow the latest trends in the material handling industry. And being able to predict consumer demands is essential for a shipping business to succeed.
Although everybody is acutely and hyper aware of risk, very few companies are setting about to develop an end-to-end risk mitigation strategy. Industrial Distribution recently had the chance to speak with Wade McDaniel, the Vice President of Solutions Architecture at Avnet Velocity, about what distributors can do to mitigate their risk in an ever-changing global supply chain.
Is it possible to prevent, in advance, the hiring of personnel who are not suitable for a job? Industrial Distribution sat down with Greg Moran, CEO of Chequed.com to discuss how businesses can get bad hiring in check … and why going with your gut is not the only variable to consider when hiring a salesperson.
In today's customer service world, the first age where phone support is preferred over web support occurs at age 51. We point to the millennials a lot, but everyone is moving to a more tech based system all the time. Companies are falling behind if they are not offering that as an option.
What does technology that allows us to view Earth from the International Space Station as it orbits around the planet have to do with supply chain management? Or technology that helps authorities pinpoint and deploy vital resources during a catastrophic natural disaster? The ability to track and analyze big data in real-time.
Jerker Hellström, CEO of Handheld, outlines three key trends in mobile computing for 2014, including durability, power, and uncertainty over operating systems.
Chris Cole, founder and CEO of Intelligrated: "There’s an acute shortage of programming talent across the U.S., even though there is more of it here, and more creativity in it here, than probably anywhere else."
As the CEO of a supply chain management, e-procurement, and financial productivity solutions company, Tim Garcia draws on real-life experiences to provide four tips for incorporating web security into companies’ overall risk management strategies. Lax procedures that fail to protect critical data leave businesses vulnerable to attacks that threaten customers and damage brands.
Recently, Industrial Distribution’s contributing editor, Jack Keough, wrote a two-part blog series on our website (www.IndDist.com) about the travails of the independent distributor. Jack’s insights garnered a significant amount of feedback from the online audience, since independents seem to face an unending barrage of competitive challenges — and everyone’s got something to say.
Same-day fulfillment is no longer the holy grail of distribution. Leaders are enabling faster fulfillment and reaping real bottom line and competitive advantage benefits. The key is balancing potential revenue gain or service level improvement against investment and operating costs required to deliver on the promise.
The study explored what impact ecommerce has on how B2B companies sell their products and services and found that a fundamental transformation is happening in how businesses are acquiring and retaining customers in this market. In fact, U.S. B2B ecommerce revenue has now more than doubled that of B2C.
Since the introduction of the category 20 years ago, hook & loop fasteners have become an important part of many industrial distributors’ product offering. As the category continues to grow, so has the demand for unique hook & loop cable ties, cinching straps, and cut-to-length tapes.
It is unusual to come across someone today who has spent almost their entire career at one company. It is even more unusual to find multiple people who have spent their entire career at that same company.
Being that it's football season, the phrase "game plan" usually evokes thoughts of my beloved Green Bay Packers — so you can bet I needed a good reason to spend last week in Chicago Bears country.
CRM can strengthen distributor competitiveness and profitability, often by allowing wholesalers to manage their sales organization as they run the rest of their business — with disciplined processes and metrics.
As the rise of online commerce and omnichannel fulfillment place a premium on increased customer and supplier service and satisfaction within the retail industry, the ramifications of that change are felt across warehouse and distribution operations in virtually every industry. A once relatively straightforward world of storage and fulfillment has become a world of increasing complexity, change and challenge.