S10E14: Green Mountain Electric Doesn't Have an End Goal. Here's Why
The MDM Podcast
Like for any distributor making frequent acquisitions and headcount additions, it takes a high degree of communication, strategic planning and integration coordination to ensure the train stays on the tracks. That’s just what Vermont-based Green Mountain Electric Supply has done, with about a dozen bolt-on deals made since 2021. Two of its executives stop by to share how the distributor has made it work and share the company’s story.
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S10E13: Cut Through the AI Noise
The MDM Podcast
Artificial intelligence in distribution carries a combination of hype, hope, promise and peril. Long-time technology analyst Justin King, the Global Director and Analyst of the B2B eCommerce Association, helps cut through the noise to get more precise on the short- and long-term impact of how AI is being deployed in distribution. Hear real-world AI use cases from the industry and where he sees the technology going.
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S10E12: Denver's AIS Exemplifies Small Distributor Innovation
The MDM Podcast
AIS Industrial & Construction Supply is a single-location distributor, but its innovation in sales, marketing and eCommerce has outdone that of many larger industry counterparts. President & CEO Dale Hahs joins to discuss what AIS has been up to lately, what he's seen change in his 40 years with the company, and what he'd do differently in a career restart.
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S10E11: Inside Vallen’s Aggressive Transformation
The MDM Podcast
MRO supplies distributor Vallen has undergone major changes over the past few years, including its $350 million acquisition of Wesco Integrated Supply that closed April 1. But that deal is just the latest move. A former Sonepar subsidiary, Vallen became independent in 2022, has joined AD and NAW and was named ISA’s 2023 Innovator of the Year. CEO Chuck Delph stops by to discuss the company’s aggressive moves and the strategy behind them.
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S10E10: Voices of ISA24
The MDM Podcast
MDM brought a staff contingent to the Industrial Supply Association’s annual spring convention, ISA24, held April 15-17 in Charlotte. This compilation podcast features eight mini interviews Executive Editor Mike Hockett conducted at ISA24, gathering perspectives from ISA’s CEO, two distribution CEOs, three service providers and two college students. These attendees share their thoughts on the show, the business climate outlook, the biggest challenges facing the industrial supply channel, and more.
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S10E9: How Wajax Bulked Up its Product Offering with Service
The MDM Podcast
Wajax Corp. has significantly expanded its Industrial Parts unit during the Iggy Domagalski's first two years as CEO, and he stopped by to discuss key drivers for that business. We also touch on Wajax's ongoing ERP rollout and technology initiatives, the company's PPE enhancements, and the tailwinds and headwinds for fellow Canadian industrial distributors.
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S10E8: A Home Depot-SRS Megadeal Breakdown
The MDM Podcast
Distribution hasn't seen a deal the magnitude of Home Depot's pending $18.25 billion acquisition of SRS Distribution in quite some time — maybe ever. Mike Hockett and Craig Webb break down the key details of the combination, why it makes sense for Home Depot and why this was likely the long-term play for SRS all along.
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S10E7: Inventory Opportunities in Slower-Demand Markets
The MDM Podcast
Customers continue to work down inventory levels into 2024. James Dorn and John Gunderson outline action items for optimizing inventory levels – in partnership with suppliers – to stay nimble and gain share as competitors stumble on A and B items.
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S10E6: Mars Supply Keeps Evolving 100 Years In
The MDM Podcast
Industrial supplies distributor Mars Supply is celebrating 100 years in business throughout 2024, and it didn’t achieve that milestone by happenstance. The company’s President, Bob Mars, has been there for 47 of those years, giving him a wealth of perspective on what’s changed in the industry, and what hasn’t. We discuss Mars Supply’s history and what it’s up to today, how the company has eliminated hidden costs and why customers choose it over larger competitors.
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S10E5: A Breakdown of Fastenal's Decade-Long "Big Pivot"
The MDM Podcast
All three parts of John Gunderson's November series on Fastenal's "big pivot" — which examined the distributor's decade-long transformation from a distributor dependent upon nationwide branches to one that emphasizes embedded customer service — ended up in MDM's 10 most-read free blogs of 2023. That makes it well worth further discussion. So, we invited Gunderson onto the Podcast for an even deeper dive on Fastenal and what's led to its current state of success.
info_outlineMDM posted 403 news items in 2023 involving distributors, or manufacturers that sell into distribution. That blew away 2022 and 2021. So, how much M&A runway is still left, and what’s driving it? We chat with Brown, Gibbons & Lang Managing Director Kevin Sargent on that, as well as why distribution M&A is running much hotter than the greater manufacturing sector.