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CDW10-K: Logistics challenge

CDW relies on third-party drop-shipping for 51% of its North American sales.

What happened

With over half of its North American revenue dependent on OEM and distributor drop-shipping arrangements, CDW faces significant operational risk tied to third-party performance. This heavy reliance creates a critical need for supply chain visibility, logistics management, and risk mitigation solutions to prevent potential disruptions.

Source

SEC EDGARFeb 20, 2026

Annual report (Form 10-K)

CDW 10-K for FY2025

Filing excerpt

We also have drop-shipment arrangements with many of our OEMs and wholesale distributors, which permit us to offer products to our customers without having to take physical delivery at our distribution centers. These arrangements represented approximately 51% of total North America Net sales in 2025.

sec.gov/Archives/edgar/data/1402057/000140205726000011/cdw-20251231.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-K: Logistics challenge

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 20, 2026

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The full record

From the Signal API record

Numbers

Percent
51% (of total North America Net sales in 2025 dependent on drop-shipping)

Details

CIK
1402057
Accession number
0001402057-26-000011
Timeframe
Current year
Filing year
2026
Why it matters
Logistics tools needed
Signal category
Operations

Topics and mentions

Regions named

  • North America

Extraction

Confidence
High
Relevance
70%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
logisticsChallenge

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/12581c13-9d56-410e-9560-a119bd5fe9f4 returns this record as JSON. POST /v1/companies/enrich returns every signal for cdw.com.

{
  "signal_id": "12581c13-9d56-410e-9560-a119bd5fe9f4",
  "signal_type": "sec-10k",
  "signal_subtype": "logisticsChallenge",
  "detected_at": "2026-02-24T09:30:18.435+00:00",
  "company": {
    "name": "CDW",
    "domain": "cdw.com"
  },
  "data": {
    "detail": "With over half of its North American revenue dependent on OEM and distributor drop-shipping arrangements, CDW faces significant operational risk tied to third-party performance. This heavy reliance creates a critical need for supply chain visibility, logistics management, and risk mitigation solutions to prevent potential disruptions.",
    "metrics": {
      "pct": 0.51,
      "timeframe": "current_year",
      "pct_context": "of total North America Net sales in 2025 dependent on drop-shipping"
    },
    "summary": "CDW relies on third-party drop-shipping for 51% of its North American sales.",
    "excerpts": "We also have drop-shipment arrangements with many of our OEMs and wholesale distributors, which permit us to offer products to our customers without having to take physical delivery at our distribution centers. These arrangements represented approximately 51% of total North America Net sales in 2025.",
    "relevance": 0.7,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1402057/000140205726000011/cdw-20251231.htm",
    "filing_date": "2026-02-20",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Logistics tools needed",
    "signal_category": "operations",
    "regions_mentioned": [
      "North America"
    ]
  }
}

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