Tariffs rattle the supply chain and distribution economy, testing a company’s resilience and agility. But they need not be a death blow. Future-built distributors can survive and thrive in a tariff-burdened economy by leveraging AI technologies to optimize pricing. The Looming Threat of Tariffs on Distributors Tariffs imposed on trade with Canada, Mexico, China, and…
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Maintaining consistency and efficiency in pricing and inventory management is top of mind for distributors who are constantly looking for ways to stay competitive and profitable. Birmingham Fastener & Supply, a leading player in the industry, faced similar challenges and turned to Intuilize for a solution. Joe Phifer, CFO of Birmingham Fastener & Supply, shares…
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Discounts and sales promotions always catch a buyer's eye and can help distributors attract interest for a new product, renew interest from former customers, or clear out inventory of a discontinued product. However, it's important they are used strategically. A discount or promotional offer launched without a strategic intent could not only fail to achieve…
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While recent changes in tariffs might feel unprecedented, they are nothing new in the business world. Through these volatile times, business managers face significant challenges but also unprecedented opportunities. Intuilize CEO Nelson Valderrama has been addressing these opportunities for a long time and his article on Link, the National Magazine for Fastener Distributors, Using Data…
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In a 2024 edition of American Fastener Journal, Intuilize CEO Nelson Valderrama presents a compelling argument for why distributors must become rock stars to navigate the challenges of inflation through optimized pricing. His article, It’s Your Time to Shine: Distributors Need Rock Stars to Beat Inflation with Optimized Pricing, provides critical insights for business owners…
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The volatile economic climate since 2020 has put distributors in a tough spot. As business activity slows in some areas, distributors are grappling with finding a new normal in supply planning with vendors. This involves resetting inventory models, which leads to supply chain issues and material shortages, creating tension between sales, procurement, and finance teams…
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We’re thrilled to announce that Intuilize will attend the HARDI Annual Conference 2024 in Atlanta, Georgia, this December! This premier event for the HVACR industry offers a unique chance to learn, connect, and shape the future of the industry alongside peers, thought leaders, and innovators. 📅 Date: December 7-10, 2024. 🏙️ Venue: Table 17 |…
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As a distributor, you know staying ahead of market disruptions is critical. Intuilize CEO Nelson Valderrama offers interesting insights on how to do this in his Distributor's Link Magazine article, Optimizing Inventory: How AI Improves S&OP. The write-up highlights how mid-size distributors can leverage sales and operations planning (S&OP) optimization and advanced tech to secure…
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Are you heading to the STAFDA Annual Convention in Nashville this year? We are excited to invite you to visit us at Booth #T22 on Aisle 600 for two unique Practical Sessions: Tools of Tomorrow – Leveraging AI & Innovation 📅 November 11, 2024. 9:00 AM – 11:00 AM. General Session Hall. From Ideas to…
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The Intuilize team is looking forward to the NetPlus 2024 Annual Meeting later this month! This is the event for industrial distributors seeking powerful tools to enhance operations, streamline processes, and future-proof businesses in a competitive marketplace. 🚨 Mark Your Calendar: 📅 Date: October 26-29, 2024 🏙️ Location: JW Marriott in San Antonio, TX. Table…
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