AmerisourceBergen earned $437.7 million in its fiscal fourth quarter, a year after experiencing a loss. The pharmaceutical distributor had revenue of $58.9 billion, a 19.6% increase from the year-ago period.
Fastenal reported an 8.9% year-over-year increase in total sales and a 14.1% increase in daily sales in October. Fasteners led growth, at 23.2%, but all product lines saw increases last month.
The Dothan Eagle (Ala.)/The Associated Press
(11/3)
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Warehouses serving major US ports have little space available, with those at the Port of Los Angeles having a record low 1% vacancy rate, according to CBRE. The Los Angeles rate "is down by more than half over the last year," said Chris Caton of Prologis.
Supply chain companies are offering continuing education in sustainability, robotics and business leadership. The online classes are available for customers, prospective customers and employees.
Business-to-business marketers share how they've adapted strategies during the pandemic to reach prospects working at home, pivoting from full-length catalogs and direct mail to omnichannel tactics spanning email, social media, programmatic and search engine optimization. "We look at each page every month and ask whether the product that's on the page is paying for itself," says Cree Lighting's Lauren Taber of its trimmed down catalog.
Managers who are given sophisticated and interactive training and development will be better prepared to engage employees and reduce turnover, writes Scott Miller, Gallup's content leader. "To succeed (not to mention meet the basic needs and expectations of their team), managers need to become less like bosses and more like coaches," Miller writes.
In this 4-part series, we'll take distributors from the basics of Artificial Intelligence all the way up to adopting it within your business. Those that follow along can expect to learn how AI actually works, the way it will transform B2B sales, what kind of outcomes distributors can expect from it, and how it can be implemented successfully. Learn more.
The NAW Executive Summit is back in-person January 25 - 27, 2022 and it will be bigger and better than ever before! Learn more about the NAW 2022 Executive Summit.
