News

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…