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
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
-
Intermediate Class Valves, the Forgotten Classification
These days, piping designers use automated systems that default to standard classifications such as pressure classes of 150 to 2500 for valves and associated equipment.
-
The Final Control Element: Controlling Energy Transformation
When selecting control valves, be sure to properly evaluate the process conditions to identify potential issues and select the proper management techniques.
-
Process Instrumentation in Oil and Gas
Process instrumentation is an integral part of any process industry because it allows real time measurement and control of process variables such as levels, flow, pressure, temperature, pH and humidity.