Grainger chief technology officer Jonny LeRoy tells attendees at DSG’s Applied AI for Distributors conference in Chicago how the distributor keeps AI costs in check and prepares for the heightened risks from hackers armed with AI tools.
How AI is doing that today, and will do it even more in the near future, was the subject addressed by three tech experts in a session today at Distribution Strategy Group’s Applied AI for Distributors conference entitled “Intelligent Revenue Operations: Aligning Customer, Procurement & Digital Strategy With AI.”
Here are 10 tips from the speakers on today’s Tech Leaders Panel: Dan Kaminstein, senior principal product manager at ERP vendor Epicor; John Murcott, executive vice president of product and strategy at HawkSearch, a provider of site search; and Sam Bobb, o-founder and chief technology officer at Kaavio which offers product content technology.
AI is already improving sales, inventory management, receivables and warehouse operations, DSG co-founder Jonathan Bein said at DSG’s Applied AI for Distributors Conference on June 23 in Rosemont, Illinois.
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.