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How NetPlus Distributors Are Staying Ahead Despite Uncertainties

How NetPlus Distributors Are Staying Ahead Despite Uncertainties By Dan Judge In our latest exclusive NetPlus Alliance Industry Outlook, our distributor members told us they were concerned about swings in the economy – and keeping up with business. These two seemingly opposite concerns shows me that there’s a lot of uncertainty about what’s coming next,…

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…