The industrial distributor said third-quarter electronic sales, including web and EDI transactions, amounted to $216.2 million, or 13.9% of total sales of $1.55 billion. When including vendor-managed inventory, Fastenal’s digital footprint is now 45% of sales, CEO Dan Florness says. “And that number nine months ago was in the 30s, so really pleased with that.”(…)
via Fastenal Travels a Fast Road to More Digital – Q3 Ecommerce Sales Grew By 43% | Fastener News Desk.