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It's strategy season, and even optimistic predictions are for flattish overall industry growth in 2024. Mike Marks and Tom Gale talk through the bottom-line impact of focus in dealing with whatever form your big gorilla(s) looks like.
As distributors transform business models to stay competitive and close to customers, innovation has become a critical differentiator. NAW Chief Innovation Officer Bart Tessel and Applico CEO Alex Moazed share thoughts on where innovation is today in distribution, and where it's headed.
In this continuing series on executing a Profitability Playbook, James Dorn outlines ways to leverage manufacturer incentives, create strategic tiered suppliers at a product category level, and capture every single dollar available before year end.
Mike Marks and Tom Gale discuss the data points from Q3 and what the front lines in distribution are saying about how the fourth quarter of 2023 is shaping. Plus five proactive things distributors can do now to grow faster than the single-digit growth forecast for 2024.
With softening demand trends going into Q4, my conversation with James Dorn of Dorn Group busts the myths of not being able to grow both top-line revenue and margin in challenging market conditions. Deeper customer-product segmentation and full leverage of your internal and external data resources are key to winning share today.
In a debrief on core themes from MDM's 2023 SHIFT conference, Mike Marks and Tom Gale talk about a clearer vision for the future of distribution emerging, the transformation levers to get there, getting traction with AI, and more.
Michael Knight became CEO of Wisconsin-based Endries International in late 2022 after a long tenure with an electronic components distributor.
He joins the podcast to discuss his first year leading the fast-growing OEM fasteners supplier and that career market pivot, his thoughts on AI ethics, the power of coaching your staff and why we can expect to hear a lot more out of Endries in the near future.
This conversation between Dorn Group President & CEO James Dorn and MDM CEO Tom Gale centers on how data analytics will prove crucial to distributors' profitability in the year ahead, as the inflation tide that lifted all boats has now left. Here are the elements of a distributor profitability playbook.
The notion of "no one wants to work anymore" persists amid today's challenging labor pool in distribution, but Dr. Donte Vaughn - an expert in organizational leadership - says that's a major misconception alongside "The Great Resignation". He joins the podcast to discuss the state of culture today in industrial organizations, and how to bridge gaps between leadership and front-line workers.
The notion of "no one wants to work anymore" persists amid today's challenging labor pool in distribution, but Dr. Donte Vaughn - an expert in organizational leadership - says that's a major misconception alongside "The Great Resignation". He joins the podcast to discuss the state of culture today in industrial organizations, and how to bridge gaps between leadership and front-line workers.
From the publisher's feed
The distribution industry is changing, with new players and technologies that will shape how you compete and sell. Stay ahead of your competitors with this regular series from Modern Distribution…