Over the past few weeks, a number of national distributors have released their 2024 performance and earnings reports. AD, Grainger, Fastenal and others have made news. We've also talked to a number of manufacturers who see the "highlight" numbers and use them as benchmarks, so we've reviewed and sought to find some trends. Overall, business is improving or stable depending on … [Read more...] about Industrial Distributor: Year End Performance 2024 – AD, Fastenal and Grainger
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Opinion: Grainger Q4 and Year End Results…..Interesting
It's Q4 earning season, providing distributors (and manufacturers) with an opportunity to benchmark their performance, gain insights (or confirmation) on what they are seeing in the market and possibly learn a little from publicly held companies. Grainger just released their Q4 and Full year results for 2024 which is always interesting to dive deep into their … [Read more...] about Opinion: Grainger Q4 and Year End Results…..Interesting
MSC Industrial’s Big Pricing Reset is big news for Industrial Distribution
In Part 1 of the series and collaboration with Modern Distribution Management we covered the "big" changes a leading distributor - MSC Industrial is making to their pricing model. The latest distributor series I have written with MDM starts with a deep dive into MSC's pricing changes. After a somewhat challenging 2024, the metalworking and MRO supplies distributor continues to … [Read more...] about MSC Industrial’s Big Pricing Reset is big news for Industrial Distribution
What does the recruitment landscape look like in 2025
As we look ahead in 2025, we wanted to get a perspective from our friend Chris Salvadore at GRN Coastal on what the recruitment landscape is in 2025 Chris shared a glimpse ahead article below that has good tips and advice for 2025, and frankly most years in B2B Distribution. 2025 is shaping up to be yet another year on what we see as a war on talent. What we mean by that … [Read more...] about What does the recruitment landscape look like in 2025
Return to Basics Can Drive Sales
Recently Prokeep developed a sales playbook white paper for B2B distributors that is a great reminder of the sales basics that inevitably every salesperson, sales manager, branch manager and marketing department … forget. Companies, managers, and individuals forget because everyone is too busy supporting “the” customer, “the” opportunity, developing “the” next new marketing … [Read more...] about Return to Basics Can Drive Sales
