Orgill reports supply chain progress
A second piece of good news came in the form of an update on price changes. After managing through a period with an unprecedented level of price changes from vendors, the distributor feels that corner has been turned.
“We are now seeing much lower numbers of price change requests—and some of these changes are now even decreasing prices,” Moore said.
The CEO's Orgill update also revealed the distributor's 2023 market schedule, which will be bolstered with an additional live event.
This year's scheduled featured a live event in the spring, and four online buying events. In 2023, Orgill is adding a live Fall event in Dallas, Aug. 2-3, co-locating with the new NHPA Independents Conference.
Moore’s Orgill update also included the following:
• Sales grew 40 percent over the past two years. Year to date in 2022, sales are up 10 percent. That growth surpasses the Census Bureaus’ growth figure for NAICS 444 retailers, which are up 6.2 percent year to date.
• Orgill celebrated the one-year anniversary of the opening of the Rome, N.Y. distribution center, and completed in the first half of 2022 the expansion of the Hurricane, Utah distribution center.
• There are signs that private label products are picking up. Moore promoted Orgill's line of Exclusively Orgill products as alternatives for the increasingly price-conscious consumer. He added: “Fill rates on those items that we source directly from factories is over 96 percent.”