Whereas the past few weeks' Top 5s have been dominated by ID Big 50 List company news, this past week was led by an article on how Millennials will impact distribution, and Jack Keough's take on the slew of job cuts among large industrial distributors.
Here's this week's Top 5:
How the Millennial Generation Will Impact Distribution: The distribution industry's talent gap has been well-documented. With Millennials making up 25 percent of the U.S. workforce and growing, businesses must have them set in their employment crosshairs.
Jack Keough - Distribution Job Cuts Accelerate As Oil Crisis Deepens: In the wake of Houston-based industrial distributors MRC Global, NOW Inc., and DXP Enterprises reporting large year-over-year sales and profit declines, ID contributing editor Jack Keough analyzes the impact on those companies' operations and headcount.
The Best Distribution Sales Question Ever: Sales guru Tom Reilly discusses how to make price less of an issue by building a presentation around the three dimensions of value.
Wajax Industrial Cutting 10% Of Workforce In Restructuring, Makes Acquisition: Following considerable sales and profit declines in fiscal fourth quarter, Wajax on Tuesday announced company restructuring that includes reducing its employee count by 10 percent, and announced the acquisition of Montreal-based Wilson Machine Co.
Cincinnati Airgas Workers Vote To Strike: The workers, union members of Teamsters Local 100 in Cincinnati, voiced their opinions on Airgas' contract proposals that the union says would destroy job security and seniority, as well as remove workers' legal rights to honor picket lines.
