NetPlus Alliance sales up 11.2 percent year-to-date
Buying group members drive 11 percent increase in Q1 and 11.4 percent in Q2.
NetPlus Alliance, a North American industrial and contractor supplies buying group, has grown its purchase volume by 11.2% year-to-date. Purchases from NetPlus suppliers has been consistent this year with growth of 11% in the first quarter and 11.4% in the second quarter.
“Our group continues to outperform 2016, reflecting growing strength in industrial and construction markets,” said Dan Judge, NetPlus Alliance Chairman and CFO. “We are looking forward to building on the success of all of our members and preferred suppliers in the second half of this year.”
This above-average growth comes on the heels of a strong year in 2016, where the group saw a year-over-year increase of 7.5%. The group also continues to grow, adding 18 new distributor members and 12 new suppliers through August 2017.
Building on that momentum, NetPlus Alliance’s fourth Annual Meeting is at capacity, with 114 distributor companies registered and 120 suppliers attending. The meeting, featuring keynote speaker Dr. Al Bates of Profit Planning Group and special guest retired NASCAR driver Rusty Wallace, will be Oct. 8-10 in Orlando.
“I’m excited that this year’s meeting will be our biggest yet, bringing together our distributor members and preferred suppliers in one place for one-on-one meetings, trainings and social events for networking,” said Jennifer Murphy, president of NetPlus Alliance.
Founded in September 2002, the group’s distributor membership represents total annual sales of $18 billion.
With more than 100 years of combined industrial distribution experience, NetPlus Alliance negotiates improved pricing, rebates and terms with more than 160 manufacturers on behalf of more than 390 industrial and contractor supplies distributor members. Learn more about NetPlus Alliance at www.netplusalliance.com or call 716-438-2014.
CONTRACTOR SUPPLY MAGAZINE
The October/November 2024 of Contractor Supply magazine is here!
Our cover story, A Rewarding Passion - Dale Hahs II, third-generation of Denver's AIS Industrial & Construction Supply, is STAFDA's incoming 2025 president.
A Special STAFDA section featuring a welcome address, an agenda, session previewss by presenters and much more. Also in this issue are our Industry Updates on: Lifting, Moving and Material Handling; Lasers, Levels and Measurement; Hand Tools; Cordless Power Tools; Drill Bits and Cutting Tools; and Toolboxes, Bags and Belts.
This digital edition, sponsored by BECK AMERICA Inc., is fully searchable and contains live links to every advertiser and new product listing. Click away!
| Read the Articles Read the Digital Edition |
