At the 2018 HARDI Annual Conference, Dec. 1-4 in Austin, Texas, six industry veterans shared decades of distribution acumen during a roundtable discussion that examined the moments that shaped their careers, what they’d change if they were given a mulligan, and more.
Today, HVACR distributors rely on enterprise resource planning (ERP) software to handle nearly every level of their operations. Vendor data, turns, dead stock, cycle counts, sales margins, and much more can be accessed directly from a computer or, in some cases, a mobile device.
NetSuite’s Oracle enterprise resource planning (ERP) software is engineered to scale with business-es as they grow and designed to streamline mission-critical processes.
Inform eCommerce Pro is a highly customizable technology designed for easy deployment sup-ported by Inform ERP’s embedded product information management.
“One of the greatest things I get to witness is when customers walk into a branch and our branch teams know them by name,” VanHuss said. “We build relationships in this industry.”
In the summer of 1985, from a garage in Anaheim, California, Dion Quinn drafted the budgets for his first company using an Apple II computer. Thirty-four years later, his company, AC Pro, a family-owned HVAC distributor and manufacturer based in Fontana, California, employs 400 employees across 17 locations in Southern California and southern Nevada.
Regardless which path an owner picks, his or her exit will likely be the largest transaction he or she will ever conduct — one that should be handled with extreme care. Here are some tips from a group of advisors who are well-versed in helping HVACR distributors make crucial business decisions, including exit planning.