WESCO International, Inc. (NYSE:WCC) Q4 2022 Earnings Call Transcript

John Engel: So I would say that, we had — we took all that that was being done there, Chris, what you alluded to. But when we brought the two companies together, Anixter had an existing gross margin expansion program across their enterprise and we put the two together and drove it enterprise-wide. But it’s continuously being refined and improved. If you look at what we have done for 2023, we are not using statically what was in place for 2022. We have introduced a whole series of additional improvements in terms of applications and visibility and leveraging our big data that’s being brought to bear as a sales force is working individual order kind of bidding opportunities and order opportunities. This is, again, the power of digital.

When you get all our data into one world-class data lake and you can begin to leverage it, it’s continuous. And so, I mean, that’s what I am very excited about, and again, underpins our confidence around the legs that we have left in this gross margin expansion program.

Chris Dankert: Yeah. Really appreciate the color there, John, and then best of luck on 2023 here.

John Engel: Thank you. So thank you. We are a little bit past the top of the hour, but we had quite a few questions. I will bring the call to a close. Thank you all for your support. It’s very much appreciated. We have got a number of engagements planned here in the coming months — a month or two. We look forward to speaking to many of you later this quarter. We will be participating in the Raymond James Institutional Investors Conference, the Loop Capital Investors Conference, as well as the JPMorgan Industrials Conference next month. So, with that, thank you very much. Have a great day.

Operator: The conference has now concluded. Thank you for your attendance. You may now disconnect.