For HVAC distributors, the product rollout is another indication that commercial HVAC is becoming increasingly tied to software, connectivity, and system-level controls.
Black Kite’s data shows that ransomware attacks in distribution are concentrated among companies well below the industry’s largest enterprises.
The concentration of attacks among midsized companies could be particularly significant for distributors because those businesses frequently operate as manufacturers, suppliers, and service providers within larger supply chains.
Stellar said the partnership will provide additional long-term capital and operational resources while preserving its existing leadership team and strategic direction.
The attack method nevertheless has direct implications for distributors because it targets an everyday business function. Distributors routinely receive and pay invoices from manufacturers, freight carriers, technology companies, contractors and other suppliers, making invoice approval and electronic payment a key area for fraud prevention.
The acquisition gives SCF an industrial distribution business with exposure to several of the energy and infrastructure markets in which the investment firm already operates.
For distributors, the critical questions are increasingly straightforward: Where does fuel expense enter the supply chain, how quickly can it be recovered, and how much transportation can be eliminated through better inventory placement, routing and fleet productivity before the higher cost ever reaches the customer?
For distributors serving municipal water systems, wastewater facilities, utilities and related industrial customers, the transaction brings four established pump brands under Crane’s Process Flow Technologies business.
AI-powered search and purchasing tools can use product specifications, dimensions, applications, and other attributes to identify and compare products. Incomplete or inconsistent underlying data can limit those systems’ ability to return useful results.
CEO Paul Bay said Ingram Micro intends to use its scale, data and supplier and customer relationships to connect supply and demand more efficiently.