Why Distributors Need to Build a Digital Roadmap to Drive Profits

Written by Mike Marks on Tuesday, 28 January 2020. Posted in Digital Distribution, Distribution

Why Distributors Need to Build a Digital Roadmap to Drive ProfitsIndian River Consulting Group managing partner Mike Marks spoke at the Barnes Dennig annual Seminar for the Wholesale/Distribution Niche. He presented on “Creating a Digital Roadmap to Drive Profits.”

During the event, Mike discussed how the distribution industry remains robust, but is facing dramatic changes. He went on to describe specific touchstones of the changing competition model, as well as step-by-step ideas for how to manage digital disruption.

Drawing on years of study and experience, Mike offered a wealth of valuable information geared specifically toward distributors’ challenges. 

Read more at barnesdennig.com.

About the Author

Mike Marks

Mike Marks

Mike Marks co-founded IRCG in April 1987. He began his consulting practice after working in distribution management for more than 20 years. Over the years, his narrow focus in B2B channel-driven markets has created an extensive number of deep executive relationships within virtually every business vertical in construction, industrial, OEM, agricultural, and healthcare.

Mike has led project teams that improve market access by aligning resources to growth opportunities serving manufacturers, dealers, and distributors. Clients have ranged from small privately owned firms to many of the industry’s market share leaders. Ownership structures have included owner-operators, private equity, ESOPs, and publically traded firms. Mike is proud of the teams work and the confidence clients have shown with additional project work.

He has written extensively, and is frequently quoted on many industry issues. He has substantial board experience on both public and private distribution firms. His contributions to the field include serving multiple terms as a Research Fellow with the National Association of Wholesaler-Distributors, permanent faculty at Purdue University’s University of Industrial Distribution, eight years as Graduate Adjunct Faculty in the Industrial Distribution Program at Texas A & M University, and rendering several precedent-setting expert opinions in contract disputes between manufacturers and distributors.

Prior to forming IRCG, Mike held the position of Executive Vice President at Lex Electronics, an $800 million vertically integrated electronics distributor in Stamford, CT. Mike’s path to management in his early career was through increasing responsibilities in sales and sales management. He also completed a tour of duty as a manufacturer’s representative.

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