MEMA, the vehicle supplier’s association, is moving to solidify its leadership.
CEO Bryan King said the borrowing flexibility is intended to help DSG execute on its long-term plan.
Core & Main is eliminating about 4% of non-sales roles, part of a $30 million annual cost-reduction effort.
Bryce Koch will oversee mSupply’s digital ecosystem and lead its marketing and ecommerce teams as the company looks to expand online capabilities.
The Columbia, Missouri-based company said industry veteran Ryan Keogh will become president and CEO effective Jan. 1.
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The conversation around artificial intelligence in wholesale distribution has shifted from “if” to “when”—and according to industry experts, that window is narrowing rapidly. In a recent panel discussion hosted by Distribution Strategy Group, three voices from the front lines of AI implementation delivered a clear message: distribution companies that haven’t started their AI journey are…
The proceeds will be used for general corporate purposes, which could include investing in technology and distribution expansion.
Jacobs addressed QXO’s approach to acquisitions, saying the company will remain disciplined on price while seeking targets it can improve operationally.
Distributors gaining ground aren’t just processing returns, they’re using intelligent systems to prevent returns.