Modern Distribution Management (MDM)

With a market size estimated at $907 billion in 2024, the MRO industry continues to be a critical component of the U.S. economy. In this year's U.S. MRO Market Trends Report — its first edition in 7 years —?we define a market that has demonstrated remarkable resilience amid global economic fluctuations. Tom Gale details what shaped this report and what makes it so valuable. https://lnkd.in/gMprjakU #mro #mrop #mrosupply #industrialdistribution #industrialsupply #distribution #distributors #wholesale #b2b

When it comes to growing profitability in distribution, a misinformed pricing practice is often the fatal pitfall for many professionals. At the FREE?Virtual Distribution Profitability Summit?next week on December 4, this panel session will discuss the common hidden gaps in profitability and pricing that could be costing your business. Our lineup of?three industry executives, Brent Alvord, Kevin Pugh and Pat Flood?will provide a fresh perspective on successful pricing strategies that companies like?Vallen, Kodiak Building Partners and ShermanSamuels?utilize and recommend. Registration for the summit is?completely free and on-demand for later viewing. Register here: https://lnkd.in/dG6CuRb9

New on MDM Premium: From our 2024 SHIFT event, 3 leading distributors share what it takes to build an effective data analytics team, how they’re putting it to use and the value of leveraging external data for benchmarking company performance. This piece features insights from: - MSC Industrial Supply Co.'s Patrick Hashimoto - McNaughton-McKay Electric Company's Stefanie Lee - Graybar's Dennis Shaw - Modern Distribution Management (MDM)'s own donnie williamson https://lnkd.in/gPxi-HBK #distribution #distributors #wholesale #b2b

Join us for FREE on Dec. 4!

The supply chain management SaaS provider is investigating a ransomware attack that disrupted its services, impacting high-profile clients. https://lnkd.in/ed2UNp5g #blueyonder #cybersecurity #ransomware #cyberattack

Part 2 of our Executive Commentary series of conversations - powered by DataXstream - centers on how one major distributor relentlessly pursues sameness when it comes to customer experience across all buying channels. https://lnkd.in/gKC53Bxd #customerexperience #b2bcommerce #b2b #distribution #distributors

BIG ACQUISITION NEWS! Applied Industrial Technologies makes a major splash in the #FluidPower market with its announced pending acquisition of Hydradyne. Once complete, it will combine the Nos. 1 and 10 companies on MDM's 2024 Fluid Power Top Distributors. https://lnkd.in/g4kAS2mE #appliedindustrialtechnologies #hydradyne #pneumatics #hydraulics #industrialdistribution #industrialsupply #distribution #wholesale #b2b

Month-to-month sentiment varied widely by those who identified as Republican and Democrat in the wake of the Nov. 5 U.S. election. https://lnkd.in/eFzWq2g6 #consumersentiment #consumerconfidence #economy

Understanding pricing in today's competitive landscape is a key element to unlocking profitability. This year's Virtual Distribution Profitability Summit will discuss how data analytics, customer mix optimization, and discount management can drive smarter pricing strategies in your organization. You won't want to miss our pricing session: 1-on-1: The State of Pricing Today and?our panel: What Distribution Executives Don’t Understand about Profitability & Pricing. Registration for the Summit is completely free! Join in here: https://lnkd.in/gZaTiGv5

Overall, the deal effectively doubles the size of Do it Best membership. https://lnkd.in/giJyfDGy #DoitBest #truevalue #hardware #hardgoods #retail