For distributors, the combination of easier integration and stronger payment control could reduce one of the most persistent points of friction in business transactions.
The deal strengthens GMS’s presence in the South-Central United States and expands its portfolio of complementary construction products
Baker & Taylor, one of the largest U.S. book distributors, is shutting down operations following the collapse of a planned sale.
In the agentic model, algorithms — not purchasing managers — determine which suppliers appear at what price and under what terms.
Artificial intelligence (AI) continues to dominate industry discussion, but actual implementation remains limited.
The distributor reported third-quarter sales of $2.13 billion, up 11.7% from a year earlier.
The digital job center is part of Sonepar’s broader omnichannel and automation strategy.
The Fargo-based distributor said the leadership moves reflect a broader effort to strengthen oversight in finance, services, and category management.
The acquisition gives Lowe’s a big footprint in the $250 billion professional building market.
The new service lets TD SYNNEX’s resellers and technology partners rent the hardware and tools they need to build and run AI models.