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Stratify Your Inventory for Better Profitability

Stratify Your Inventory for Better Profitability By Paul Byrnes  One of our goals as a buying group is to help our distributor members drive profitability; a distributor’s inventory strategy can have a big impact on their bottom line if managed proactively. Distribution is often looked at in seven segments referred to as 7S – source,…

Driving Productivity with Artificial Intelligence

Driving Productivity with Artificial Intelligence By Epicor Software Artificial intelligence (AI) used to be considered a futuristic wonder. Today, it’s being employed in one form or another throughout every industry. In fact, the technology is advancing so rapidly that 40% of top-performing companies ranked AI as “game-changing technology” in 2018—a huge jump from just 7%…

What’s on the Minds of Distributors this Summer?

What’s on the Minds of Distributors this Summer? By Dan Judge NetPlus members have been enjoying a robust year in sales growth, based on the first quarter’s Industry Outlook for 2019. We’ll be sending out the second quarter’s survey soon. Compared with the same time last year, growth appeared to be due to an influx…

Modern Day Industrial Vending: Big Risk or Big Reward?

Modern Day Industrial Vending: Big Risk or Big Reward? By Mark Hill When talking with independent distributors about offering industrial vending to their customers, many are fearful that the risk outweighs the rewards. Many distributors have had less than ideal experiences with larger vending sources that came with higher price tags and still couldn’t successfully…

NetPlus Member Ohio Power Tools Receives 2019 MDM Digital Innovator Award

NetPlus Member Ohio Power Tool Receives 2019 MDM Digital Innovator Award Modern Distribution Management (MDM) recently selected NetPlus Alliance member Ohio Power Tool as one of 10 recipients for its 2019 Digital Innovator Award. The award recognized distributors that demonstrate a commitment to digital and technological advancement. Since 2000, Ohio Power Tool has invested in…

NetPlus Member Ohio Power Tools Receives 2019 MDM Digital Innovator Award

NetPlus Member Ohio Power Tool Receives 2019 MDM Digital Innovator Award Modern Distribution Management (MDM) recently selected NetPlus Alliance member Ohio Power Tool as one of 10 recipients for its 2019 Digital Innovator Award. The award recognized distributors that demonstrate a commitment to digital and technological advancement. Since 2000, Ohio Power Tool has invested in…

NetPlus Alliance Group Purchases Update

NetPlus Alliance 2018 Group Purchases Grow 27% Over 2017

NetPlus Alliance 2018 Group Purchases Grow 27% Over 2017 NetPlus Alliance, a North American industrial and contractor supplies buying group, reports continued optimism among its members, reflected in a 27 percent increase in group purchases during 2018. This surge in growth comes after a strong 2017. Organic growth was 20 percent in 2018. It is…

NetPlus Alliance Welcomes Robert Louden as Marketing Director

NetPlus Alliance Welcomes Robert Louden as Marketing Director NetPlus Alliance, an industrial and contractor supplies buying group, has added veteran marketing leader Robert Louden to its team as Marketing Director. “NetPlus Alliance has a history of strong leadership in this industry and a reputation for its progressive approach to marketing. Because of this, they’ve seen…

NetPlus Alliance Distributor of the Year EBN Industrial

NetPlus Promotes Power of Partnership at Annual Meeting, Recognizes Award Winners

NetPlus Promotes Power of Partnership at Annual Meeting, Recognizes Award Winners NetPlus Alliance hosted 500 distributor and supplier attendees at its fifth-annual meeting Oct. 7-9 in Phoenix, AZ. Over two days, distributors and manufacturers participated in more than 2,200 one-on-one booth meetings. Members also attended educational breakout sessions hosted by industry and subject-matter experts. The…

NetPlus Alliance Unveils New Brand at Annual Meeting, Recognizes Award Winners

NetPlus Alliance Unveils New Brand at Annual Meeting, Recognizes Award Winners NetPlus Alliance hosted its fourth-annual meeting Oct. 8-10, 2017 in Orlando, Fla. The theme of the annual meeting, “Focused on the Future,” represented the group’s commitment to meet change head-on, and grow and adapt in a fast-changing distribution market. “No matter the industry –…

Driving Productivity with Artificial Intelligence

Driving Productivity with Artificial Intelligence By Epicor Software Artificial intelligence (AI) used to be considered a futuristic wonder. Today, it’s being employed in one form or another throughout every industry. In fact, the technology is advancing so rapidly that 40% of top-performing companies ranked AI as “game-changing technology” in 2018—a huge jump from just 7%…

NetPlus Member Ohio Power Tools Receives 2019 MDM Digital Innovator Award

NetPlus Member Ohio Power Tool Receives 2019 MDM Digital Innovator Award Modern Distribution Management (MDM) recently selected NetPlus Alliance member Ohio Power Tool as one of 10 recipients for its 2019 Digital Innovator Award. The award recognized distributors that demonstrate a commitment to digital and technological advancement. Since 2000, Ohio Power Tool has invested in…

NetPlus Alliance Grows 7.5%

NetPlus Alliance Records 7.5% Growth in 2016

Lockport, NY – NetPlus Alliance, a North American industrial and contractor supplies buying group, posted an 8% increase in purchases in the first quarter of 2017. This above-average growth comes on the heels of a strong year in 2016, where the group saw a year-over-year increase of 7.5%. The group has added 10 new distributor…

Alan Beaulieu | ITR Economics | NetPlus Members benefit from positive economic signs

Economic Signs Point to a Positive 2017-18 for NetPlus Members

Our first-quarter NetPlus-ITR Advisor newsletter for NetPlus members highlighted that leading economic indicators for 2017 are bright. NetPlus distributor and supplier members are benefiting from this economic growth; in the first quarter, purchases were up 8 percent. This positive message was reaffirmed last month at the Industrial Supply Association’s annual convention, during which Institute for…

NetPlus Chairman Dan Judge Wins Lifetime Achievement Award

NetPlus Chairman Dan Judge Wins Lifetime Achievement Award

NetPlus Chairman Dan Judge Wins Lifetime Achievement Award The Industrial Supply Association named Dan Judge, NetPlus Alliance Co-Founder and Chairman, the recipient of the John J. Buckley Lifetime Achievement Award on April 22 at the ISA 2017 Convention in Denver. The John J. Buckley Lifetime Achievement Award is named after the former executive vice president…