Complete Story
10/27/2022
003. Inflation & Expectation: An Economic Outlook for the Industrial Distribution Strategy Industry
Instructor: Roman Basi & Bart Basi (New to UID)
Level of Complexity: Advanced
9:30 AM - 12:15 PM
In this workshop Roman and Bart discuss the challenges in the industrial Distribution Strategy industry and the economic outlook of the industry. A myriad of economic nightmares including a global pandemic, supply issues, and labor shortages sparked the flame that led to a wildfire of growth in inflation. Learn about the provisions of the recently passed Inflation Reduction Act.
Bookstore
Strategic Pricing For Distributors: Tools and Rules for Building Higher Margins
Brent Grover
Experience shows that most distributors are leaving at least two percentage points of gross trading margin on the table. This translates into 2% of total sales. Many companies can ultimately achieve more. The improvement is attainable fairly quickly and has proven to be sustainable. Two percent is the difference between mediocre profit results and stellar performance!
