With steel prices hitting astronomical highs, John Anton, director of Global Insight steel Service, Waltham, Mass., talked to Electrical Wholesaling about the reasons for the unprecedented prices and his views on when they will let up. Anton has...
Your short-term economic success will depend on how you manage your company's resources in the current economic contraction.
The price of copper has been hovering near its all-time high, giving a nice lift to electrical distributors' revenues at a time when the economy is going soft. Where copper goes from here is anyone's guess.
Steel prices are escalating, exceeding the peak levels manufacturers and distributors experienced in 2004. While steel supply is tight, the market is not experiencing a shortage in supply like it did in 2004.
This study offers a real-world snapshot of the concerns that distributors, reps and manufacturers have with each other.
Distributors who respond to the slowing economy by embracing new ideas can set themselves up to prosper when the turnaround comes.