The announcement reflects a broader trend across wholesale distribution as companies deploy AI to automate estimating, quoting and other document-intensive workflow
Just a year ago, many distributors were asking where AI might fit into their businesses. At Distribution Strategy Group’s Applied AI for Distributors conference held June 23-25 in Rosemont, Ill., that question was absent.
For distributors, copper is not just a volatile raw material. It is also one of the leading indicators the industry uses to forecast industrial activity.
For distributors, the transaction reflects continued investment in warehouse automation as companies seek greater throughput, improved labor productivity, and more efficient fulfillment operations.
The company said enterprise customers continue investing in servers, storage, networking, and security products to support AI workloads.
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.
Artificial intelligence will transform wholesale distribution, but distributors that succeed will be those that treat cybersecurity and workforce development as strategic priorities rather than afterthoughts.
The technology distributor reported revenue of $19.6 billion for the quarter ended May 31, up 31.0% from $14.9 billion a year earlier.
Among the distribution use cases gaining the most traction are demand forecasting, inventory optimization, warehouse operations, route planning, pricing, sales support and cross-functional coordination.
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.”