Strategy

Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022

While supply issues have eased in some areas, a shortage of incoming talent in the U.S. and fears of COVID variants are forcing distributors to keep adapting.

January 12, 2022

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In a new MDM Podcast, Ferguson's Denise Vaughn talks about how the company conducts operations with a lighter footprint while creating positive impact for its stakeholders.
  • Ferguson CEO Kevin Murphy says the distributor has done its best to adapt and thrive during supply chain woes, labor shortages and pandemic disruptions, which are likely to continue.
  • Driven by a recent Baby Boomer exodus, distributors now will have to come up with new plans and partnerships to bring along the next generation of HVAC technicians and plumbers.
  • Balancing business across a mix of attractive end markets and quality M&A strategies — along with effective customer communication — can continue to drive growth in 2022.

What keeps Ferguson CEO Kevin Murphy awake at night? The same…

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