2024 Outlook for the Distribution Sector

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This presentation will be added to your Insider portal on or after October 26, 2023.

About the Presentation

Recession is looming for the global economy. It is therefore crucial for distributors to understand the potential implications to the distribution industry and proactively strategize for the anticipated contraction in 2024. The prevailing elevated interest rates are having a widespread impact on both businesses and consumers. The impact is also noticeable in various sectors of the US economy, and it will continue to be a factor.

Prices for finished goods are generally deflating given decelerating demand and an accumulation of excess inventory. Distributors must adapt and chart a course forward. To navigate the challenges in 2024 and seize opportunities in 2025, distributors will need a well-thought-out plan that will safeguard their profit margins while keeping them agile enough to capitalize on future demand. ITR Economics Management Objectives^TM will provide a framework for accomplishing such goals for 2024 and beyond.

We cordially invite you to join us for an insightful webinar in which we will delve into these critical topics and explore the evolving landscape of the distribution sector in the coming years. Your participation promises to equip you with the knowledge and strategies necessary to successfully navigate the changing economic terrain.

Values Provided

• Our forecast for the overall economy and expectations for a variety of distribution markets
• An analysis of inventory levels
• A deep dive into the inflation environment
• Discussion on labor markets and the implications for wage pressures

Questions Answered

• What will demand factors look like in 2024 and 2025?
• Where are unfilled orders heading?
• Where are inventory levels heading according to leading indicator evidence?
• Will technology continue to play an important role in the labor market?

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