Pricing leaders need to position their teams as an extension of sales, not as the department that reviews discounts and enforces rules.
We finally have a practical way to document expertise and pass it down, and the distributors who use it will start the process of owning their customers more than their reps do.
Distribution leaders have worried about the silver tsunami for years, usually in the context of ownership transitions and the labor force in the warehouse and on the counter. It applies just as much to the sales force, and the numbers say it’s not a distant problem.
Products have become commodities. The distributors that win are the ones that deliver a consistently better customer experience—from the first quote to the final invoice.
The bottom line: customer experience is a company-wide responsibility that crosses every function you run.
CEO D.G. Macpherson said Grainger’s AI deployments now fall into two primary categories: internal productivity and customer-facing digital capabilities.
Global Industrial also said it is expanding e-procurement and integrated ecommerce capabilities as more customers shift purchasing into digital procurement systems.
In our research conducted with the Heating, Air Conditioning, & Refrigeration Distributors International (HARDI), more than half of distributors reported little to no focus on remote engagement after the pandemic ended.
As a distributor, if you don’t have full visibility into how profitable your customers’ orders really are, your most valuable customers can look just like everyone else until it’s too late.
Capstone has set a longer-term target of $100 million in annual revenue and outlined a path to 10% operating profit margins through organic growth, cost leverage, and additional acquisitions.