Free 2024 Mobile Engagement Guidebook for Distributors

Category: Digitization

Fastenal’s August Sales Increase 14.2%

Fastenal’s August Sales Increase 14.2%

On Tuesday, Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported August sales of $531 million, up 14.2% from the same month a year ago. The company reported daily sales of $24.1 million, which was a 9% increase versus a year ago. By region, U.S. sales increased 7.2% while Canada/Mexico sales improved by 18.2 % and “rest […]

Masonite Names Ball as President for Global Residential

Masonite Names Ball as President for Global Residential

Tampa Bay-based Masonite International Corporation (NYSE: DOOR), a manufacturer and distributor of interior and exterior doors, announced Tuesday that Chris Ball has joined the company as president of global residential. Ball replaced  James A. Hair, who submitted his resignation in August. “Chris has an extensive background leading global teams to drive growth,” said Masonite President […]

New Orders for Manufactured Goods Up 0.4% in July

New Orders for Manufactured Goods Up 0.4% in July

New orders for manufactured goods in July, up 14 of the last 15 months, increased $1.9 billion or 0/4% to $508.1 billion, the U.S. Census Bureau reported this week. This followed a 1.5% June increase. Shipments, also up 14 of the last 15 months, increased $7.8 billion or 1.6% to $508.5 billion. This followed a […]

3 Solutions to Common Revenue Management Pain Points

3 Solutions to Common Revenue Management Pain Points

Throughout my years working in revenue management, I’ve found that there are three key revenue management pain points that all professionals in this space experience: My team is unable to deliver results We don’t have enough time to do it right The administrative burden of revenue management While I can undoubtedly wax poetic on each […]

LMC Names Kane as SVP of Finance and Technology

LMC Names Kane as SVP of Finance and Technology

LMC, which is based in Wayne, Pa.  has named Paul Kane as its senior vice president of finance and technology. Kane takes over that role after it was vacated by Paul Ryan, who was promoted to president and CEO after John Somerville retired from those positions in June. Kane spent 16 years at Omega Flex […]

ASA distributors report another monthly sales increase

Respondents to ASA’s monthly sales report registered a 15.4% change in average sales for July 2021 vs. July 2020. For the July 2021 vs. June 2021 period, respondents reported a median sales decrease of -5.7%.

Equipment Controls Co. uses ASA PROJECT TALENT free careers recruitment platform to hire new employee

When ASA member distributor Equipment Controls Co. was looking to hire a new warehouse associate, it turned to the association’s PROJECT TALENT careers recruitment platform for assistance.

Fire hazard assessment and prevention in the workplace

All fires need three elements to burn: Fuel, oxygen and a source of ignition. Consider those factors when evaluating your workplace — is it at risk for a potential fire? There are many types of fire hazards to keep in mind, and they can all result in devastating losses if not properly identified.