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Weight-Based Inventory Management Solution

May 12, 2014 5:27 pm | by SupplyPro | Product Releases | Comments

Unlike open bin inventory options, SupplyScale uses a patented managed bin system, Secure Bin, which eliminates the potential for cross-bin contamination, theft and unauthorized access, says the company.

Advisory Firm KPMG Acquires Restructuring Firm BBK

May 6, 2014 10:24 am | by KPMG LLP | News | Comments

The transaction will expand KPMG's integrated transactions and restructuring services to help...

HD Supply Holdings Announces Secondary Offering Of Stock

April 30, 2014 9:45 am | News | Comments

HD Supply Holdings, Inc....

Affiliated Distributors Q1 Sales Exceed $7B

April 30, 2014 9:42 am | News | Comments

Affiliated Distributors (AD), the largest industrial and construction products buying and...

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Parker Reports Fiscal 2014 Q3 Results

April 30, 2014 9:34 am | by Associated Press | News | Comments

Parker Hannifin Corporation (NYSE: PH) today reported results for the fiscal 2014 third quarter ended March 31, 2014. Fiscal 2014 third quarter sales increased 2 percent to $3.36 billion compared with $3.31 billion in the same quarter a year ago.

Anixter International Q1 Results

April 29, 2014 10:38 am | by Anixter International | News | Comments

Anixter International Inc. today reported sales of $1.52 billion for the quarter ended April 4, 2014, a 2.2 percent increase compared to the year-ago quarter.                                  

Bel Fuse To Buy Power-One Power Solutions From ABB For $117M

April 29, 2014 9:53 am | by Associated Press | News | Comments

Bel Fuse Inc. announced today that it has entered into a definitive agreement to acquire the Power-One Power Solutions business of ABB Ltd.                                  

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Genuine Parts Company Elects New Officers, Declares Dividend

April 29, 2014 9:41 am | by Associated Press | News | Comments

Genuine Parts Company announced today that its Board of Directors elected three new corporate officers, effective immediately.                                           

Kaman Q1 Results

April 29, 2014 9:28 am | by Associated Press | News | Comments

Kaman Corporation today reported financial results for the first quarter, which ended March 28, 2014.                                          

2014 MHI Annual Industry Report - Innovations That Drive Supply Chains

March 19, 2014 10:17 am | by MHI | News | Comments

The survey found that supply chain executives want to invest in powerful new technologies and business innovations to improve their supply chains, but are hampered by a shortage of qualified talent and never-ending pressure to cut costs.  

Top 10 Equipment Acquisition Trends For 2014

January 28, 2014 10:01 am | by Equipment Leasing and Finance Association | Articles | Comments

Given U.S. businesses, nonprofits and government agencies will spend in excess of $1.5 trillion in capital goods or fixed business investment (including software) this year, financing more than half of those assets, these trends impact a significant portion of the U.S. economy.

U.S.: Three Agree To Plead Guilty In Parts Price Fixing

November 22, 2013 1:45 pm | by The Associated Press | News | Comments

Three executives in Japan's automotive parts industry have agreed to plead guilty to a price-fixing conspiracy and two more have been indicted in the U.S. investigation, the government said Thursday. The plea agreements filed in Detroit and the indictment filed in Toledo were announced Thursday by the U.S. Department of Justice.

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Five Quick Questions: Create More Lines Of Communication Post-Sale

November 20, 2013 2:54 pm | by Abbigail Kriebs, Associate Editor | Articles | Comments

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.

Run Out Of Money & You Are Out Of Business

November 4, 2013 10:00 am | by Abe WalkingBear Sanchez, B2B Credit Expert, A/R Management Group | Blogs | Comments

Working capital is the money you need to pay for day to day operations, and a business with negative WC will not survive. WC is the funds that are or will be available to you in excess of liabilities that are due or will come due. It’s the difference between you sleeping well at night or not.

Who Owns Your Sweat Equity?

October 21, 2013 10:19 am | by Michael R. Beauregard, Senior Partner and Investment Committee Member, Huron Capital Partners | Blogs | Comments

Did your hard work and profit performance in the last few years convert to accessible, long-term wealth creation for you and your family? If not, someone else owns your sweat equity!                

Transform Your Business With Improved Payment Processing

October 11, 2013 9:42 am | by Christopher Justice, CEO, CenPOS | Blogs | Comments

For many distributors and manufacturers, the expense of payment processing is an accepted cost of doing business. And when looking to reduce costs, most tend to overlook the biggest component of fees associated with processing payment transactions—card Interchange.

Barcoding, Inc. Launches Consumables By Barcoding

September 24, 2013 8:48 am | by Barcoding, Inc. | News | Comments

Although Barcoding has always sold consumables, the company’s recent growth and acquisition of RFID-leader Miles Technologies has given the systems integrator the resources needed to establish its new division.        

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Kaba Delivers New Access Control Kit With Biometric Technology

August 19, 2013 10:37 am | by Kaba Access and Data Systems | Product Releases | Comments

The two-piece solution includes a Standalone Controller and Fingerprint Key and provides all the benefits of biometric access control in a simple, non-networked package.

Words Are Magic ... And In Business, They Are Bottom Line Magic

July 31, 2013 2:41 pm | by Editor | Blogs | Comments

Today's blog is the first from a new Industrial Distiribution contributor, Abe WalkingBear Sanchez. WalkingBear has extensive experience in consumer collections and corporate credit. In this first blog he discusses the real purpose behind extending credit to customers, reframes the attitude surrounding credit and accounts receivable managment, and helps distributors turn traditional cost centers into profitable company segments.

Parker Hannifin Launches Mobile Tracking System

July 2, 2013 9:36 am | by Parker Hannifin - Hose Products Division | Product Releases | Comments

PTS Mobile will enable users to initiate a replacement order directly at the point and time of need right from their smartphone. For products that are not tagged or hard to identify, customers can send a photo of the part to a distributor for identification assistance.

Maps Add Value To CRM

June 28, 2013 11:54 am | by Bob Sullivan, President, InfoGrow Corporation | Blogs | Comments

What do you think of when you think of maps? Vacations, treasure hunts, weather forecasts? Maps do more than display a place or show how to get from one place to another. In sales and marketing, for example, maps let you conceptualize spatial relationships more easily . . .

Ryder Takes Delivery of First Light & Medium Duty Natural Gas Vehicles

June 27, 2013 9:50 am | by Ryder | News | Comments

The new light and medium duty natural gas vehicles are ideal for metro/city delivery applications. Unlike heavy duty natural gas vehicles, which require fueling stations designed to accommodate large commercial tractor-trailers, these lighter vehicles are able to access much of the existing retail CNG fueling infrastructure, which will increase their usability to a broader range of commercial fleet customers in California.

Euro Drawers Shelving Systems

May 10, 2013 3:25 pm | by Quantum Storage | Product Releases | Comments

Choose from a selection of bin and shelving sizes and bin colors of blue, yellow, gray, or red. Color coded products are the perfect solution to simplify order picking and inventory control.

AutoCrib Unveils Automated Inventory With Object Recognition

May 10, 2013 2:20 pm | by AutoCrib | Product Releases | Comments

The new VisiCab toolbox actually ‘sees’ which items are in it and which are missing, making it an exceptional answer for Foreign Object Debris (F.O.D.) control, says the company . . .

Barcoding, Inc. Acquires Miles Technologies; Expands RFID Capabilities

May 9, 2013 4:02 pm | by Barcoding, Inc. | News | Comments

As a result of this acquisition, Barcoding will strengthen its portfolio of RFID and auto-identification technologies by offering the full breadth of Miles Technologies’ solutions. By increasing its presence in the Central United States, Barcoding can better service and support enterprise customers from its Chicago office, as well as uncover new business opportunities in the Central and Western United States.

Legal Watch: A Case For Arbitration

May 7, 2013 12:36 pm | by Fred Mendelsohn, Partner at Burke, Warren, Mackay & Serritella, P.C. in Chicago | Articles | Comments

Arbitration clauses and the process of arbitration are not always what distributors expect them to be — private, speedy, and less expensive than litigation. A recent case demonstrated how, in some circumstances, arbitration is the right tool for supplier-distributor disputes.

Yale Introduces Certified Remanufactured Program

January 31, 2013 2:44 pm | by Yale Material Handling | Product Releases | Comments

Select Yale dealers will be authorized to offer certified remanufactured Yalelift trucks that will be available with a one-year, 2,000-hour warranty.

Tip Out Bins Systems

November 29, 2012 9:46 am | by Quantum Storage | Product Releases | Comments

These clear, break resistant injection molded plastic containers open smoothly to a 45° angle and are completely removable for easy access and refilling. Molded handle with slots for labels provided.

City of Redlands Teams With Fastenal to Implement Fully Automated Supply Store

October 3, 2012 4:11 pm | by Fastenal | Articles | Comments

A remarkable transformation has taken place within the City of Redlands supply store. Gone are the outdated computers and shelves of dusty inventory. In their place stand 42 state-of-the-art vending machines designed to dispense safety gear, fasteners, fittings and other items city workers need to do their jobs.

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