Business Strategy

Live Webinar, April 3, 2020: COVID-19 Impacts for Distributors

Written by Mike Marks on Wednesday, 01 April 2020.

Live Webinar, April 3, 2020: COVID-19 Impacts for Distributors

On Friday, April 3, from 2-4 p.m. ET, IRCG Managing Partner Mike Marks and Modern Distribution Management CEO Tom Gale will co-host another live event on how COVID-19 is impacting distributors. This two-hour discussion will feature an expert panel to learn about the impacts of the COVID-19 pandemic on distribution customers, suppliers, operations and teams. 

IRCG Publishes Free Cash Flow Modeling Spreadsheet for Distributors

Written by Mike Emerson, McKinnon Shisko on Wednesday, 01 April 2020.

IRCG Publishes Free Cash Flow Modeling Spreadsheet for Distributors

The tool has been put together as a resource for distributors who have not developed the projection tools that will allow them to act early as events unfold related to the current COVID-19 global health crisis.

Distributor Weekly Pandemic Revenue Index (PRI): March 23-27, 2020

Written by Mike Emerson on Monday, 30 March 2020.

Distributor Weekly Pandemic Revenue Index (PRI): March 23-27, 2020

Each week, we’ll be tracking a snapshot of year-over-year distributor revenue with our Pandemic Revenue Index (PRI). Here’s the latest graph.

Access Now: Distributor Response to COVID-19 Pandemic - MDM On Demand Recording

Written by Mike Marks on Thursday, 26 March 2020.

Access Now: Distributor Response to COVID-19 Pandemic - MDM On Demand Recording

IRCG Managing Partner Mike Marks joined MDM CEO Tom Gale and John Gunderson for this program March 27, now available on-demand. Guests shared their experiences and impacts of the Covid-19 pandemic on distribution customers, suppliers, operations and team. 

Distributor Weekly Pandemic Revenue Index (PRI): March 16-20, 2020

Written by Mike Marks, Mike Emerson on Tuesday, 24 March 2020.

Distributor Weekly Pandemic Revenue Index (PRI): March 16-20, 2020

The Indian River Consulting Group Pandemic Revenue Index (PRI) of distributor sales compares sales each week with their same week in the prior year. The Index is based on data from many distributors across multiple lines of trade we have invited to participate.

Video: How to Stress Test Your Business in Times of Crisis

Written by Mike Marks, Mike Emerson on Monday, 23 March 2020.

Video: How to Stress Test Your Business in Times of Crisis

In a recent video conversation with Dirk Beveridge of UnleashWD, Indian River Consulting Group’s Managing Partner and Founder Mike Marks and Partner Mike Emerson spoke about how to manage next steps in the time of the COVID-19 pandemic.

Distributor Action Planner – Covid-19

Written by Mike Emerson on Sunday, 15 March 2020.

Distributor Action Planner – Covid-19

Coronavirus or Covid-19 has brought a level of disruption to businesses unlike many of us have ever seen. Most of us have been through natural disasters and recessions but this is a new kind of disruption. 

Technology, Talent and Tenacity: What Distributors Need to Get Ahead in 2020

Written by Mike Marks on Tuesday, 11 February 2020.

Technology, Talent and Tenacity: What Distributors Need to Get Ahead in 2020

2020 is here, and we’re still hearing some rumbling of an economic slowdown. Some might consider holding back on new investments until the economic future is more certain. And yet, thriving amid disruption is a differentiator in today’s market. Put another way: Disruption creates opportunity.

You’re Invited: Sales GPS 2020 – Transform Your Distribution Sales Model

Written by Mike Marks on Tuesday, 11 February 2020.

You’re Invited: Sales GPS 2020 – Transform Your Distribution Sales Model

This May, IRCG’s Mike Marks and Mike Emerson will be participating once again in the Sales GPS conference in Chicago, Ill.

Featured in NAW: Winning in a Post-Amazon World

Written by Mike Marks on Thursday, 30 January 2020.

Featured in NAW: Winning in a Post-Amazon World

Just because Amazon is a household name doesn’t mean distributors must emulate its every move to compete.

IRCG Managing Partner Mike Marks’s latest guest post for the National Association of Wholesaler-Distributors offers up suggestions for distributors looking to succeed in the shadow of Amazon. It’s not about beating the online behemoth, but about creating more value in your own niche, for your own customers.

Gross Margin: Improving the Usefulness of a Time-Honored KPI

Written by McKinnon Shisko on Thursday, 02 January 2020.

Gross Margin: Improving the Usefulness of a Time-Honored KPI

The terms “gross profit” and “gross margin” are often used interchangeably as they are both calculated the same way: the amount for which goods or services were sold minus the amount for which they were purchased. True, the mathematical values are ultimately the same, but what many folks understand those terms to represent are quite different.

Free Webinar: Real Strategies for Distribution Success

Written by Mike Marks on Thursday, 19 December 2019.

Free Webinar: Real Strategies for Distribution Success

Indian River Consulting Group managing partner Mike Marks joins Epicor’s ongoing webinar series on Distribution Innovation and Strategy. Marks will add to the conversation about how innovating your business model can help you embrace change in 2020 and beyond.

Featured in NAW: Complacency will lead you nowhere

Written by Mike Marks on Thursday, 19 December 2019.

Featured in NAW: Complacency will lead you nowhere

According to BigCommerce, more than 197 million people visit Amazon each month to browse more than 12 million products — and those numbers go up every day. But distributors don’t need to be afraid of Amazon. Rather, they need to innovate and sell to customers the way today’s customers want to buy.

Stump the Consultant: How Can Distributors Prepare for the World of AI?

Written by Mike Marks on Tuesday, 10 December 2019.

Stump the Consultant: How Can Distributors Prepare for the World of AI?

More and more, we’re seeing industries move toward integrating artificial intelligence (AI) into operations structures.

Stump the Consultant: Should Distributors Do Private Label?

Written by Mike Marks on Tuesday, 03 December 2019.

Stump the Consultant: Should Distributors Do Private Label?

If branded manufacturer margins decline, some distributors may consider expanding their model to add private label revenue. This could be a good idea for the company, but it’s only one component within the greater plan.

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