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.
More than 600 kitchen and bath exhibitors use KBIS/IBS to showcase the latest product technology and design trends to the tens of thousands of designers, dealers, architects, showrooms, builders and remodelers who attend the show. For the first time since 2018, DCW is returning to the Orange County Convention Center in Orlando, Florida this February 8-10.
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).
On Thursday, January 13, Williams Distributing hosted a ribbon cutting ceremony to announce the grand opening of their new distribution center. Owners, members from the executive team, and the Mayor of Kentwood attended along with Representatives of the Grand Rapids Area Chamber of Commerce.
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.
AD announced its member-owners elected two directors to its 2022 board of directors. AD’s newly elected director is Karla Neupert Hockley, president of Consolidated Supply Co. Tim Horsman, president & CEO of E.B. Horsman & Son was reelected by AD’s member-owners.
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.