Category Archives: WayPoint Analytics

38. Vending Machines for Distribution Customers?

MRO Vending Machines for Distribution Customers’ Locations are Hot

Big distributors such as Avnet, Fastenal, MSC, etc. report rapid installations of internet-connected, vending machines at customer locations. At Apexsupplychain.com read how their machines – installed by distributors – are:

  • For “high-use” SKUs (lots of picks) that are “mission-critical” (downtime costs are big)
  • Eliminating stock-outs and excess inventory
  • Reducing downtime with handy locations and 24/7 availability
  • Reducing re-ordering costs, etc.

Continue reading 38. Vending Machines for Distribution Customers?

36. Selling Service-Value to Price Buyers

What’s your competitive edge? Maybe it’s something like: “Service value from our good people and our reps’ customer relationships.” Really?

  • Can you measurably prove these hopes?
  • Do service metrics vary for each customer niche?

If not, are your reps happy to get “last-look” to meet competitive prices?

What to do? Here’s an answer: Check out my Syllabus below to find ways to boost sales and pre-tax return on total assets (ROTA) by 2–4 times. Continue reading 36. Selling Service-Value to Price Buyers

20. Untapped Potential Within Enterprise Accounts

Global companies have formal enterprise accounts programs. Distributors typically do not. Deploying a team of specialists (to augment the Rep) on the biggest, 1-5%, profit-potential accounts will yield, however, big profit gains, especially in down economies.

Profit-Ranking, Math-Facts

A cumulative, customer-profitability ranking report for distributors reveals stats like the top 40% generate about 150% of the financial statement’s profit total. More sensationally, the top 20% customers yield 140%; top 10, 95%; and, – in one case – the #1 account scored 25% of the peak internal profits. Continue reading 20. Untapped Potential Within Enterprise Accounts