Distributors Facing the Reality of Upcoming Potential Setbacks
Last year’s momentum carried over into a strong first half of 2022 for many distributors, but a mishmash of headwinds and tailwinds reveal uncertainties for the rest of the year and into 2023.
Edited by Margo Ellis
Share
As the severity of business impacts from the COVID-19 pandemic has waned, most U.S. market sectors and distribution verticals have seized the economic opportunity and have thrived during the first half of 2022. However, with record inflation, ongoing supply chain issues and labor worries, the next six to 12 months will likely be enveloped in uncertainty for many distributors and manufacturers.
That’s according to University of Colorado Leeds School of Business executive director Brian Lewandowski, who chatted with MDM CEO Tom Gale during a recent webcast. While many sectors have recovered to pre-pandemic levels, there are myriad factors that may determine whether distributors see continued growth.
Read here for the full recap of the MDM webcast and for on-demand access.
RELATED CONTENT
-
An Interview with VMA's New Board Chairman
At VMA’s 83rd Annual Meeting, Ron Warren, President and COO of Bray International Inc., was elected the board chairman of VMA for the next year.
-
New API Standard for Globe Valves
While the American Petroleum Institute (API) and other organizations published a variety of valve standards covering gate, ball, check, butterfly and plug valves for decades, the first for globe valves came out in 2013.
-
An Overview of ASME B16.34-2017
The content of American Society of Mechanical Engineers (ASME) Standard B16.34 is essential to those who deal with flanged, threaded and welded-end valves.
 Unloading large gate valve.jpg;maxWidth=214)
