Distributors pricing effectively offer value-added services and technical services that allow them to charge more.
Acting fast is important because there are deadlines for filing protests and lawsuits.
Among distribution companies scaling AI projects, 55% are led by executives and only 15% by IT teams.
Home Depot isn’t just targeting the locals, but the big core customers for many distributors.
Leo Oei, currently vice president of national accounts at the building supplies distributor, will take over from Mike Wilson who is retiring.
Supply chain and procurement executives project 4.4% growth in manufacturing revenue next year, compared to 2.5% in 2025 as prices rise more slowly.
Growth came largely through acquisition and expansion into such new markets as Denver and Houston.
Increasingly, ecommerce is a mainstream sales channel for distributors.
Higher interest rates and geopolitical and regulatory volatility are dampening buyer appetite.
Tech execs are also aware that AI can be used by bad actors, and 49.2% listed AI-driven cyberattacks as among their top concerns.