Wholesale & Distributors Should Prepare for Change in 2020
When the Federal Reserve (“the Fed”) dropped interest rates for the third time in a row this past October, the business world took notice. At the time, the Fed stated their rate drops were simply insurance against a recession and not indicators one was imminent. This move may have paid
A Roadmap Recap for Wholesalers & Distributors
On Thursday, August 26, Barnes Dennig hosted the annual seminar for the Wholesale/Distribution Niche. We had a great turnout to hear Mike Marks present on Creating a Digital Roadmap to Drive Profits. Mike began his presentation showing that the distribution industry remains robust but is facing dramatic changes. At
Private Company Relief – FASB Approves Delay of Effective Dates for Changes in Lease Accounting and Credit Loss Accounting
In our previous coverage of the Financial Accounting Standards Board (FASB) proposal to delay Changes in Lease Accounting and Credit Loss Accounting in July of 2019, we reported that the FASB voted in favor of one-year delays in the effective dates for non-public entities. At their most recent meeting in
Creating a Digital Roadmap to Drive Profits
On Thursday, August 26, Barnes Dennig hosted the annual Seminar for the Wholesale/Distribution Niche. We had a great turnout to hear Mike Marks present on Creating a Digital Roadmap to Drive Profits. For those who have not had the opportunity to hear Mike present, he has had a long
How is Artificial Intelligence Changing the Supply Chain?
In the last few years, artificial intelligence (AI) has played an important role in reshaping supply chain norms and standards. Soon, businesses will be required to implement machine learning technologies if they want to remain competitive. At the turn of the century, when machine learning first entered the business world,
How Wholesalers and Distributors Stack up in 2019
Request your private copy of the 2018 Compensation and Benefits Benchmarking Study here. Barnes Dennig, USI Insurance and WesBanco collected compensation and benefits data from 46 regional wholesalers and distributors. By gathering this information, participants can compare their infrastructures to others in the region. Below are some statistics related