The last couple of weeks we’ve seen a couple of transactions that could be interesting: First is yesterday’s announcement that Hajoca, the sister company of CED, acquired HD Supply’s plumbing and HVAC group. It wasn’t much of a surprise that […]
The recent signing of the NFL collective bargaining agreement signaled the start of the football season. And pre-season has been a frenzy with a record number of available free agents, a few signing for megabucks, most simply looking for a […]
Last month NAED released the results of the most recent PAR report, which highlights distributor performance for 2010. For many this becomes the “Bible” of distributor benchmarking and profitability. It is also frequently cited to manufacturers as the reason why […]
The industrial market continues to power growth for many distributors. Recently we spoke with a number of manufacturers and distributors to get the current pulse of the industry. The result … industrial continues to grow fueled by the OEM market, […]
The industrial market is driving electrical industry growth and helping many distributors succeed in today’s challenging marketplace. The challenge for these distributors is that their marketplace is changing, requiring them to change to meet tomorrow’s needs. Channel Marketing Group recently […]
Most distributors of any size invested in a distribution-specific ERP system that handles the specific nuances of the wholesale distribution business, save a few goliaths. The goliaths invested in SAP or an Oracle based system. But there are not that […]
Over the past few months we’ve been talking with a number of reps throughout the country as we work with an electrical manufacturer to review their reps and, in some instances, recruit new reps. Because of their product type we’ve inquired […]
Communication is critical to developing strong relationships. Be it at the local level, to salespeople, from manufacturer “corporate” to distributor “corporate” and more, sharing direction, information, expectations and performance is important to achieving success. In fact, this is why most […]
I recently posted this on TED Magazine’s LinkedIn site and, it seems, it’s gotten buried, so I thought we’d re-start the discussion here. We’re working on a project with a manufacturer and during our discussions the topic of “loyalty” and […]
Last week was a tough one for the stock market as it dropped for another week with one day dropping 280 points on a quartet of bad news … low new hiring (only 54,000 new non-farm jobs), the ISM manufacturing purchasing […]
