HD Supply's big Q1 came despite losing 180 branch days due to weather, while the company's Construction & Industrial segment looks to stay hot. Meanwhile, CEO Joe DeAngelo isn't worried about Amazon Business.
ID contributing editor Jack Keough discusses Amazon Business' swift integration of AmazonSupply ...
E-commerce sales, along with a rise in institutional and commercial building, have experts...
Industrial Distribution's 2015 May/June issue features our 68th Annual Survey of Distributor Operations – an in-depth report highlighting critical issues for distributors with data to help drive business decisions. Other features include a distributor profile on United Distribution Group, Jack Keough's Closer Look at non-residential construction, and a Manufacturer's View on service value.
As consolidation continues to increase, what MSC CEO Erik Gershwind said in the company's post-financial earnings conference call should give pause to other industrial distributors as to the importance of streamlining their supply chain efforts.
ID contributing editor Jack Keough discusses Fastenal's 2014 – in which it closed 52 stores and opened 24 – as well as the factors that impacted revenue last year and will continue to going forward.
Coming off its biggest acquisition in company history last year, Kaman Industrial Technologies has followed up with hiring expansion and intends to stay active on acquisition front.
After a solid third quarter of growth, Airgas executive chairman Peter McCausland and CEO Michael Molini discuss the impact of uncertainty in the U.S. dollar and shifting oil prices on the company's Q4 outlook.
The word "customer," when describing the relationship between manufacturers-distributors, is often not used. In fact, the word is abhorrent to some manufacturers.
Jack Keough discusses the trends of what made companies rise or fall on our annual list of the top 50 industrial distributors by revenue.
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.
The case of a Northeast grocery chain will be studied for years as to how a family-owned company valued at some $3 billion can almost go out of business because of poor communication, a new management team considered greedy by employees, and an ousted CEO who was loved by his workers.
A new survey shows that manufacturers are being challenged in their ability to manage storerooms for their MRO/indirect supplies.
NTN Bearing has announced the results of a joint raid that it participated in with the Naval Criminal Investigative Service.
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.
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.
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.
Jack Keough takes a closer look at employee theft - and asks if you have any checks and balances in place to avoid it.
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.
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.
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.
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.
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.
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.
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.
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.
The sale could fetch up to $4.5 billion. The segment has previously accounted for some $1.1 billion of Hertz revenues.
According to Jack Keough, the Kaman Distribution Group is well on its way to becoming of the largest distributors for Parker Hannifin. In addition to B.W. Rogers, Kaman has acquired several Parker distributors in the past few years.
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