All the latest reporting and analysis from Distribution Strategy Group.
The lawsuits come as Essendant has told government agencies it is considering transactions involving some of its assets and operations and seeking additional capital to avoid liquidation.
The acquisition gives Signature customers access to AFC’s broader supply chain and manufacturing services while adding Signature’s engineered fastener business to AFC.
For distributors, Noble’s collapse illustrates the potential downside of building inventory and working-capital requirements around a large customer contract.
The Georgia investment expands a distribution model increasingly built around positioning inventory closer to customers while using automation and robotics to increase fulfillment speed and capacity.
The combined company said it plans to continue expanding in commercial and international markets while maintaining existing relationships with distributors, buying groups and industry associations.
TD SYNNEX is also expanding the reach of artificial intelligence assistants that can perform routine sales and customer service functions. After initially launching an AI assistant in Microsoft Teams, the distributor has added assistants to Slack and Webex.
Pricing leaders need to position their teams as an extension of sales, not as the department that reviews discounts and enforces rules.
A high-speed engine bolted to a bicycle just wrecks faster. The discipline is knowing which decisions AI can make on its own and which still need a human in the loop.
Anthony Gallo will oversee product strategy, management, and design, with priorities including AI-based B2B commerce, enterprise system integration, and data governance.
Richard Garza has more than a decade of human resources leadership experience, including work on mergers and acquisitions, HR information system implementations and migrations, and compensation and benefits strategy,