www.inddist.com May/June 2015 / INDUSTRIAL DISTRIBUTION 29
Which of the following do you consider to be the most
important criteria when evaluating suppliers?
Which of the following have your suppliers offered
as ways to help reduce costs?
22 percent in 2013. Of those that said no, 85 percent said
they don’t intend on purchasing vending machines, an
identical figure from last year.
The overall vending numbers show a growing trend
for vending in industrial distribution, which correlates to
its success in the marketplace. Distributors are following
the lead of Fastenal, which increased its number of FAST
Solutions machines nearly 15 percent, to 46,855 nationwide in 2014.
Our best practices portion finished with asking about
global business intentions. This year, 50 percent of respondents said they were already doing business outside
the U.S., down 5 points from last year. That figure was 52
percent in 2013, so the minor fluctuation doesn’t raise an
eyebrow. Forty percent this year said they have no plans
to expand globally, only a 1 point increase from 2014. This
shows that while distributors are growing their business
beyond the U.S., it is not at a rapid rate.