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WELCOME TO AROUND THE HORN!

ISSUE #44 - June 9th, 2023

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Around the Horn is a series of weekly updates, links and reports on the happenings around the Manufacturing, Distribution and Business World! We are sharing news, announcements, and interesting tidbits that might interest our friends and distribution pros.

Is there something you would like us to discuss? If so, ping us at hello@leadsmarttech.com and give us your ideas. Also, follow us on LinkedIn as we regularly go LIVE on Friday mornings at 9:00AM PT/12:00PM ET to discuss some of the week's happenings.

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LATEST NEWS!

April U.S. Manufactured Goods Orders See 4th Rise in 5 Months

From MDM

The U.S. Census Bureau shows new orders for manufactured goods, inventories and unfilled orders have increased, while shipments remain down.
Read this article

Vessel buildup grows at West Coast ports as maritime supply chain begins to break, echoing Covid chaos.
From CNBC

There have been delays in processing vessels at terminals within the Port of Los Angeles and Long Beach.

Read this article

Reshoring Mentions Spike in Earnings Calls
From MDM

It’s no secret that many companies are looking to shorten their supply chain by moving production from China and other overseas production hubs nearer to the countries where their goods are sold. Read this article

Generative AI will change the B2B customer experience as we know it.
From Digital Commerce 360

With its rapid adoption in the business world for simulating natural, human-like conversations, generative AI is the future of B2B customer experience. Read this article

THIS WEEK'S SPECIAL FEATURE

Is the PGA/LIV Merger (some say debacle...) a warning for wholesale distribution?

INDUSTRY SCUTTLEBUTT!

STAFDA Details Convention Workshop Sessions, Speakers

The Specialty Tools & Fasteners Distributors Association (STAFDA) announced Economic Consultant Alan Beaulieu will present an Economic Update at the association's 47th Annual Convention & Trade Show, November 5-7.

MORE DETAILS

Rexel to Buy Dutch HVAC Distributor Wasco in $518M Deal

In a move that figures to diversify its portfolio, Paris-based electrical products distributor Rexel announced May 30 it will acquire Wasco, an HVAC distributor based in Apeldoorn, Netherlands.

MORE DETAILS