Modern Distribution Management (MDM)

Attention, family-owned distributors! MDM is conducting market research to gather updated trends and insights into the operations and priorities of family-owned companies. The results of this brief, anonymous survey will help inform MDM’s editors on issues important to family-owned distribution companies and will be presented in upcoming MDM editorial content and a resulting research report. If you are a member/representative of a family-owned distributor, we would appreciate your participation in this survey. The more respondents we get, the more valuable the resulting data will be. Begin the survey here: https://lnkd.in/g_u4FH4Q Note: We are seeking responses only from representatives of family-owned distributors.

The FTC is probing eight major firms to uncover how their surveillance pricing practices might impact consumer privacy and pricing fairness. https://lnkd.in/ewkywFkK #pricing #FTC #regulation

In today’s competitive labor market, distributors who are up-to-date with the latest compensation trends get and retain the best talent in the business. To help bring some light to this topic, our next MDM webcast on August 8 at 1pm ET in partnership with NAW will discuss detailed findings from NAW's 2024 compensation study. We will be joined by Greg Manns of Industry Insights and Mike Emerson from Indian River Consulting to discuss current salary and benefit trends within the wholesale distribution industry. Join us on August 8 to hear from these industry leaders and stay ahead of compensation trends that impact your business. Register here: https://lnkd.in/gDKprTWM

The third and final part of this MDM Premium series authored by John Gunderson provides a deep dive into Wesco’s digitization strategy and how it's constantly improving how the organization serves customers. Non-Premium members can view a condensed version of the article here: https://lnkd.in/gxHK2s-8 The Premium version will be included in MDM's July Premium Monthly report, which can be purchased in the MDM Store once it publishes in August. https://lnkd.in/gQPmgTn9 #Wesco #wescointernational #electrical #electricalsupply #industrialdistribution #industrialsupply #wholesale #distribution #b2b #distributors

Doubling 1Q's growth, 2Q considerably outperformed economists' expectations. https://lnkd.in/ghbA_3St #GDP #economy #useconomy #economics

Where will you be September 11-13? Your competitors will be at SHIFT in Denver, Colorado, absorbing this PACKED agenda, networking with peers, and getting insights on the future of distribution. Click here to view the FULL AGENDA: https://lnkd.in/gUm2VjGE

We kick off season 11 of the MDM Podcast with a preview of the keynote set for our September SHIFT Conference, to be delivered by McKinsey & Company Senior Partner Kevin Sachs and Partner Victoria Bough. Sachs joins to share takeaways from last year's SHIFT keynote and share what the 2024 version has in store for our audience. View our SHIFT registration and agenda here: https://lnkd.in/g--N7h8d https://lnkd.in/gJUpXHjm #mdmshift #wholesale #distribution #distributors #b2b #industrialdistribution #industrialsupply

To help combat the confusion surrounding the new advances of AI technology, MDM's webcast tomorrow at 1pm ET will discuss how one distributor used AI technology to solve problems that weren't possible to solve without it. We will also discuss: • The different types of AI today and what is each good for. • How you can easily plug new AI capabilities into your ERP or B2B ecommerce for a fast ROI. Register here: https://lnkd.in/e9aH9FhX

Sonepar's latest major Midwest acquisition will add nearly two dozen Echo branches across Iowa, Nebraska, Minnesota, South Dakota and Missouri. https://lnkd.in/e65iWwub  #Sonepar #electrical #electricalsupply #industrialdistribution #industrialsupply 

Sales continued to slide at Motion, though not as much as in 1Q. https://lnkd.in/ekWWBKS5 #MotionIndustries #GenuineParts #MRO #industrialdistribution #industrialsupply