Wholesale distribution companies are under increasing pressure to reassert their role in the broader supply network. Direct-to-consumer sales by manufacturers threaten to erode margins. The launch of AmazonSupply.com sets the stage for B2B buyers to take advantage of economies of scale that are virtually impossible for mid-market distributors to match.
The health of the U.S. economy. That’s a big topic – and a very important one. It is also one...
The workstation adapts to the work process and the needs of the user. As a result all movements...
The challenge for the fourth Industrial Revolution is the development of software and analytical systems that turn the deluge of data produced by intelligent factories into useful and valuable information, said Mark Watson, associate director for industrial automation at IHS.
An alarming Gallup poll published earlier this year is still sending shockwaves throughout the business community: Most American workers either hate their jobs or don’t care one way or the other about them.
The city of Detroit's bankruptcy is an American tragedy and an entirely preventable one. The downward spiral began decades ago when deindustrialization led to depopulation, crime and declining public revenues. Corruption and mismanagement may have exacerbated the problem, but they weren't the root cause.
When managers want to involve others in creatively solving a problem, they sometimes hold a brainstorming session. While this session is planned with good intentions, it can be a waste of time if it doesn’t involve the right people. Don’t be tempted to include an expert in the group to help guide the group or answer questions.
In Parts 1 & 2 of this sereis, Curtis Alexander talked about some of the things value marketing can do for your business and how to build a plan to start the process. Now, he presents four roadblocks that could be hampering your ability to put that plan into action.
Paul Glover is an author, speaker, and business management coach, as well as a regular contributor here at ID. Hoping to give our readers a little more background on where Paul is coming from as a contributor, we asked him a few questions about his skills, his business, and his theory on the shifting economy as management styles are changing.
As the required skill set for advanced manufacturing continues to evolve, many resources emerge to address workforce development needs in the industry. James Ryan, CEO of industrial distribution leader, Grainger, discusses the ways in which technical education has been a continued priority for his business — and why the skilled trades have more to offer than many people realize.
The return of a few companies’ manufacturing is encouraging. But the big question is: To what extent is the United States capable of taking back manufacturing on a significant scale? The challenges are great. From a broad supply chain ecosystem perspective, for example, companies obviously will need to rebuild a supplier network that may have evaporated, along with the disappearance of the manufacturing operations it supported.
Over the last decade the industrial distribution marketplace has changed dramatically, surviving in a challenging economic situation and a changing business environment. Industrial Distribution’s associate editor, Abbigail Kriebs, got a chance to speak with three industry executives representing diverse viewpoints to hear how business has changed in the last few years and what trends they see going forward into the rest of the year.
AD Industrial sales grew 4% in the first quarter of 2013 on a same store basis from $1.35B to $1.40B. Sales for all AD Affiliates, across all AD Divisions, grew by 5% in the first quarter to $6.5 billion. AD Affiliates outgrew their markets in every AD Division in the quarter.
On Wednesday, April 10, ILMO’s owners and directors visited all ten ILMO locations to personally present each employee with a $100 bill and lunch for their team, and to express their appreciation for their dedication to ILMO’s success and the success of our customers.
Meggitt has developed new radiation-hardened vibration sensors and cable assemblies to meet specific requirements for the reliability of monitoring equipment in nuclear evironments.
For a 12 month term beginning April 1, 2013, Blue Equity will provide management services to Industrial Services of America, Inc. (“ISA”), including working with ISA’s existing management team to review operations and identify opportunities for growth and profitability.
Affiliated Distributors, North America's largest wholesale marketing group is pleased to announce their new US Electrical Division President, John Eggleton, effective April 8th. Eggleton comes to AD after serving for ten years as CEO of AD’s sister company, supplyFORCE.
Adjustable from 7 to 12 feet in height and equipped with a 3000VA generator and two 1000 watt metal halide lamps, this unit will provide over 200,000 lumens of illumination for up to 6 hours on a single tank of fuel.
Loan covenants can hinder business growth and take key decisions out of your hands, including how you spend your profits and what you pay your employees. Learn about the common covenants that can put your financing - and your entire business - at risk. Download this free report from The Receivables Exchange before you sign a loan agreement.
As companies continue to grow and expand, having access to consistent cash flow to fund day-to-day operations is critical. Traditional financing from banks or factoring companies comes with restrictive terms, including personal guarantees, all-asset liens and long-term contracts. Download this free Case Study from The Receivables Exchange and learn how a U.S. transportation service provider was able to get the business capital it needed through a flexible alternative to traditional financing.
Have your customers moved to extend their payables in order to hold onto cash? Don't let cash flow problems hold your company back. Download this free Case Study from The Receivables Exchange and learn how one U.S. manufacturer took advantage of growth opportunities with a flexible and affordable source of capital.
Exclusive research uncovered the top financial challenges for small and mid-sized businesses. Download the free report from The Receivables Exchange to learn how other business owners and executives are coping with cash flow constraints, and find out their strategies for success and growth in 2012.
How can your company build a "cash cushion" to minimize disruptions and outsmart your competitors? Download this free report from The Receivables Exchange to learn why flexible capital is necessary, and find out how your company can quickly build up your reserves.