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The Lead

Jack Keough: ICP Helps High School Students On Right Distribution Path

September 22, 2014 2:52 pm | by Jack Keough, Contributing Editor | Articles | Comments

How do we get entry-level students from high school to become interested and find out more about industrial distribution? The Industrial Careers Pathway program is helping to fill that void.                 

Jack Keough: Family Feud

September 17, 2014 11:49 am | by Jack Keough, Contributing Editor | Blogs | Comments

The case of a Northeast grocery chain will be studied for years as to how a family-owned company...

Keeping An Eye On AmazonSupply

September 3, 2014 11:25 am | by Scott Costa, Publisher, tED magazine | Blogs | Comments

AmazonSupply is ahead right now when it comes to data, but electrical distributors may be...

Emerging Regions Prove Profitable For Industrial Valves And Actuators Markets

September 2, 2014 9:37 am | by Frost & Sullivan | Articles | Comments

Demand will soar as political and economic conditions stabilize.        ...

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10 Things To Know About 'Corporate Inversions'

August 28, 2014 3:16 pm | by Stephen Ohlemacher, Associated Press | News | Comments

On the heels of news that Burger King is planning to move its headquarters to Canada for lower taxes, here's what you need to know about the practice of corporate inversion.                      

Is Burger King's 33 Year-Old CEO Paving The Way For Younger Execs?

August 26, 2014 5:27 pm | by Jon Minnick, Associated Editor, Manufacturing Business Technology | Blogs | Comments

As the trend of startup tech companies being run by more and more Millennials takes hold, the average executive age is dropping. But should age really matter in company leadership?                    

Beveridge Aims To Innovate Wholesale Distribution With New Book

August 26, 2014 5:13 pm | by Mike Hockett, Associate Editor | Articles | Comments

Dirk Beveridge's new book, "Innovate! How Successful Distributors Lead Change In Disruptive Times," available Sept. 15, aims to inject a needed spirit of innovation and new thinking into wholesale distribution.           

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Jack Keough: Storeroom Management Remains Big Problem For Manufacturers

August 26, 2014 11:52 am | by Jack Keough, Contributing Editor | Blogs | Comments

A new survey shows that manufacturers are being challenged in their ability to manage storerooms for their MRO/indirect supplies.                                   

Sage Survey: Majority Of Industries Do Not Budget For Mobile Technology

August 26, 2014 9:43 am | by Sage North America | News | Comments

The survey found that 74 percent of manufacturers and distributors are not setting a budget for mobile technology.                                       

How Much Do Fantasy Football And Other Timewasters Cost Employers?

August 15, 2014 1:42 pm | by Mike Hockett, Associate Editor | Blogs | Comments

With fantasy football, social media and other timewasters more popular than ever, let's take a look at how much money employers are actually losing because of them.                         

Five Major Changes Happening Right Now In Industrial Distribution

August 14, 2014 10:56 am | by Jim Tompkins, CEO, Tompkins International | Blogs | Comments

Big things are happening in today’s industrial distribution landscape — five big things, to be exact. And they are causing an uproar in the industry as they all occur simultaneously.                  

Investing In America’s Manufacturing Future

August 14, 2014 10:32 am | by Jon Minnick, Manufacturing Business Technology Associate Editor | Blogs | Comments

While jobs have been created in the manufacturing sector over the last few years, hundreds of thousands of jobs remain unfilled due to the lack of trained workers.                         

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NTN, NCIS Conduct Raid To Fight Counterfeit Bearings

August 11, 2014 10:24 am | by Jack Keough, ID Contributing Editor | News | Comments

NTN Bearing has announced the results of a joint raid that it participated in with the Naval Criminal Investigative Service.                                    

Is The U.S. Headed In The Right Direction?

August 7, 2014 12:10 pm | by Jennifer Agiesta, Associated Press | News | Comments

Three-quarters of Americans doubt the federal government will address the important problems facing the country this year, according to a new Associated Press-GfK poll.                       

FastenersPlus.com Continues Product Expansion With New Specialty Fasteners

August 7, 2014 10:00 am | by FastenersPlus.com | News | Comments

Hard-to-find types and sizes were added to the Specialty Fasteners category, all available in bulk quantities and with tiered pricing.                                   

Will New E-Commerce ‘Darling’ Flipkart Threaten Success Of Chinese Giant Alibaba?

August 5, 2014 4:42 pm | by Tompkins International | News | Comments

Retail supply chain and logistics expert Jim Tompkins weighs in on the latest news of Indian e-commerce site Flipkart raising $1 billion in venture capital to expand mobile strategy and warehousing capabilities.              

Jack Keough: MSC Renames BDNA

July 23, 2014 10:03 am | by Jack Keough, Contributing Editor | Blogs | Comments

It was less than 18 months ago that MSC Industrial Direct made one of the biggest acquisitions in its history, acquiring Barnes Distribution North America (BDNA). Now MSC is re-branding BDNA to integrate the company, while still retaining its own identity.

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Jack Keough: Fastenal To Close 45 Stores In Second Half Of 2014

July 16, 2014 10:07 am | by Jack Keough, Contributing Editor | Blogs | Comments

The decision was reached after company executives discussed whether to consolidate some businesses into fewer locations in some markets and identify where more stores should be opened as local market conditions dictate.     

Jack Keough: Industry Consolidation Said To Be Increasing

July 10, 2014 12:13 pm | by Jack Keough, Contributing Editor | Articles | Comments

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.

To Catch A Thief

July 8, 2014 5:13 pm | by Jack Keough, Contributing Editor | Blogs | Comments

Jack Keough takes a closer look at employee theft - and asks if you have any checks and balances in place to avoid it.                       

Jack Keough: Study Shows Importance Of E-commerce For Distributors

June 18, 2014 10:30 am | by Jack Keough, Contributing Editor | Blogs | Comments

Distributors that establish a proper e-commerce site could see big benefits, according to a study by TNS, a global marketing research company, in conjunction with UPS.                

A Closer Look: HD Supply To Rebrand Its Business Unit Groups

June 12, 2014 9:48 am | by Jack Keough, Contributing Editor | Blogs | Comments

HD Supply is in the midst of rebranding to unify its business units under the HD Supply brand with new logos and business unit names, CEO Joe DeAngelo said in a conference call with financial analysts.         

Jack Keough On Starting Your Own Business

May 30, 2014 2:44 pm | by Jack Keough, Contributing Editor | Blogs | Comments

Over the years both as a business editor and editor of Industrial Distribution, I’ve interviewed hundreds of business owners and not one of them ever said they regretted their decision to start their own business.        

Jack Keough: Robbie The Robot, Now On The Factory Floor

May 23, 2014 12:21 pm | by Jack Keough, Contributing Editor | Blogs | Comments

If you were to ask someone to describe their perception of a robot, they might think of Robbie the Robot, the fictional figure that appeared in the 1956 B-movie, The Forbidden Planet. Robbie was a fictional 7-foot tall robot that walked on mechanical legs.

Jack Keough: Eaton To Restructure Industrial Segment

May 12, 2014 4:58 pm | by Jack Keough, Contributing Editor | Blogs | Comments

Eaton says that in the second quarter it will be restructuring its industrial segment, which could mean the loss of an unspecified amount of jobs. The industrial sector includes hydraulics, vehicle, and aerospace units.     

Jack Keough: Motion Industries Sees Improved Growth In 2014

April 25, 2014 2:30 pm | by Jack Keough, Contributing Editor | Blogs | Comments

Motion Industries had a challenging 2013 as it ended the year down 0.5%, but company executives reported last week that sales rebounded 4% in the first quarter despite the cold and stormy weather. GPC now expects industrial sales to increase 5 to 7% this year.

MSC Sees Improvement In Manufacturing, Government Sales

April 16, 2014 9:36 am | by Jack Keough, Contributing Editor | Blogs | Comments

Jack Keough weighs in on MSC Industrial Direct's second quarter earnings, including MSC's President and CEO Erik Gershwind's comments to financial analysts that manufacturing, particularly the metalworking sector, has “improved considerably” from what had been occurring during the past 18 months.

Jack Keough: A Talent For Management

April 1, 2014 12:08 pm | by Jack Keough, Contributing Editor | Blogs | Comments

It’s a waste of time for many companies to hire a manager who isn’t cut out for the job or try to adapt them to the role without proper mentoring and training.                

Hertz May Spin Off Construction Rental Business

March 17, 2014 9:29 am | by Jack Keough, Contributing Editor | News | Comments

The sale could fetch up to $4.5 billion. The segment has previously accounted for some $1.1 billion of Hertz revenues.                           

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