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Margins Down Despite Stable Costs
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2013-04-29
Distributor inventory edged up in 2012, with the inventory index growing to 4.5, up from 4.4 in 2011.
Stable costs became more widespread, though 10% of distributors saw their costs increase and 3% reported "moderate" decrease in costs in 2012.
After two consecutive years of gross margin gains, margins slipped for distributors in 2012, declining to an average of 36% from 41% the previous year.
The FIN Survey found fasteners widely available in 2012, with a 68% majority claiming no problems obtaining fasteners. About 32% reported mostly moderate difficulty obtaining certain fasteners in 2012.
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provided by FIN arranged by Fastener World Inc.