According to a global supply chain report compiled by IHS Markit, delays and disruptions for manufacturers and deliveries is currently on a higher scale than ever recorded in the company’s more than 30 years of conducting Purchasing Manager Index’s (PMI) — monthly surveys of more than 40 economies worldwide. Distributors across the U.S. can vouch for that, as supply chain disruptions they endured throughout 2021 have yet to show signs of correction.
Buckle up for Part 2 as participants get into the nitty-gritty of technology, top threats to wholesale-distribution, plus the next-gen’s effect on the marketplace and consolidation.
AD is reporting total 2021 member sales were $58.5 billion, a 30% increase from 2020, with purchases by member companies from AD supplier partners up 39% to $16.6 billion. Additionally, AD achieved a 49% increase in net distributions to its members, surpassing the $1 Billion milestone for the first time in the group’s 40-year history.
20.5% growth comparing December 2021 to December 2020; Slight decline in 1-month comps.
February 1, 2022
Respondents reported a median sales increase of 20.5% for November 2021 vs. 2020. In comparison to the previous month (December 2021 vs. November 2021), respondents reported a modest decline in sales of -2.2% (the previous monthly sales report had a 3.5% increase in the same category; November 2021 vs. October 2021).
F.W. Webb Company announced the acquisition of Stritt & Priebe, a specialist in industrial valve supply, service and repair in Buffalo, New York, and VJ Stanley, a wholesale-distributor and manufacturers' representative of steam and hydronic products in Rochester, New York.
Distributor Data Systems (DDS) announced the launch of its wholly redesigned website. The site’s updated design and messaging unveil new branding while clarifying the company’s solution offerings and directing visitors to the most relevant and efficient customer experience according to their needs.
Edward J. Nierman, a founding partner of Canton, Massachusetts-based Independent Pipe & Supply, Canton, Massachusetts passed away on January 15, 2022, at 98 years of age. Nierman was a pioneering giant in the world of pipe, valves and fittings. A man of modest upbringing, he joined his parents in their small, used plumbing supply business. He and his brother Al expanded the business in 1950 into Independent Pipe & Supply.
Viega has introduced an entirely new line of MegaPressG valves in sizes ½" to 2". These valves, like MegaPressG press fittings, are approved for use in gas and fuel oil applications. The valves are suitable for use with ASTM Schedule 5 to Schedule 40 carbon steel pipe.
As distributors have navigated the past two years full of new challenges and unprecedented circumstances, the power and importance of learning from peers and engaging in educational resources has become more important than ever before. The American Supply Association has long provided networking and educational opportunities for its members, and its partnership with the Association Education Alliance (AEA) and involvement with the annual University of Innovative Distribution (UID) conference is one example.