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March 16, 2007News for the wholesale distribution industry
 
  News and Trends 
 
  • Univar enters deal to buy ChemCentral
    Univar USA will buy all shares of ChemCentral Corp., another industrial chemicals distributor, for $600 million in cash, under a new agreement. "This acquisition is consistent with Univar's strategy for targeted, aggressive growth and market leadership," a Univar executive said. PCTonline.com (3/13)
  • Other News
 Leverage Your Inventory for Maximum Profit.
As a distributor, inventory is one of your key assets. How do you make sure you have the right products- but not too much- at the right place and the right time? For innovative ideas, download IBM's new Executive Forecast and Demand Planning eKit. It features Adam Fein's all-new article on The Changing US Workforce, a case study, and more. Click here.
 
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  Best Practices 
  • Study: Computers give biggest productivity boost
    A new study found that investments in computer technology boost worker productivity three to five times more than other investments in other sectors. The report concluded that the economic impact of information technology is less in the technology itself than in the ability of computer software, hardware and services to improve other sectors of the economy. The New York Times (3/13)
  Sales 
  • Incentive trips for employees get a new angle
    In the 1990s, incentive trips given by companies to their best employees were all the rage. Then came the tech bust of 2000 followed by the terror attacks of 2001. Now, more firms again are sending employees on vacation, but the trend includes an additional element: Employees are given more choices. Travel providers also are taking note and taking advantage of the revitalized trend. The New York Times (3/13)
  Small Business Manager 
  • Getting started: back to basics
    When deciding to start a new business from scratch there are a few basic questions you have to answer first, including: is this a new idea, do I do this extremely well and will anyone fund this. The next step is to write a business plan -- then you have the job of getting out and securing funds in order to really get started. BusinessWeek (3/12)
The Buzz(CORPORATE ANNOUNCEMENTS)

Salient's UXT® solution can help you regain lost sales and improve your gross profit by up to 10%. Do you know when the competition is cherry picking your best items from your best customers? Do you know how to fix it? Click Here to see how you can regain and retain profitable sales.

How to Turn Better Pricing into Bigger Profits.
Discover how effective pricing and margin management can deliver dramatically higher profits to your distribution business in Strategies for Driving Profitable Revenue Growth for Distributors: Today and Tomorrow, a joint Webinar from pricing experts PROS® and Advanous® on March 28th at 2pm (EST). Please click here to register.

Interested in learning more about advertising in NAW SmartBrief? Contact Henry Murphey at (202) 737-5500 ext. 245 or hmurphey@smartbrief.com

  Executive Life 
  • Steps to protect your debit card
    Customers are worried about the safety of using their debit cards, which put them at even greater risk than credit cards, in the wake of recent breaches in retail transaction security. Many consumer groups do recommend the use of credit cards over debit, although a growing number of banks are offering "zero liability" protections to promote debit-cards. The Wall Street journal lists tips for safer debit card use. The Wall Street Journal (subscription required) (3/15)
  NAW Insider 
  • After the Flood: Safety Tips for Business Owners
     
    Cleaning up a flood-ravaged business -- one of the first steps toward recovery -- can be a difficult and disheartening task. It also can be dangerous. More information available here to get you started.
  • Access economic data on your line of trade
     
    If you're looking for key economic data on your particular wholesale distribution line of trade, then you'll be interested in the 2006 Wholesale Distribution Economic Reports, authored by Pembroke Consulting President Adam J. Fein, Ph.D. Download immediately the reports most relevant to your business from a list of 18 reports that cover the major wholesale distribution sectors.
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  Weekly Poll 
  • Does your business have a blog?
    After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
Yes
No
Not yet but we might develop one
We used to have one but not anymore

Distribution Center - Front-line ManagersGRAINGERKansas City, MO
Sales ManagerESP InternationalCedar Rapids, Iowa
Sales ManagerHireElementsSeattle
Account Manager/Branch Mgr 1 or 2Valley National Gases, Inc.Bluefield, VA, USA
Corporate Purchasing ManagerCrescent Electric Supply Co.East Dubuque, IL
Marketing AnalystIndustrial Electric Wire & CableNew Berlin

  SmartQuote 
The ones who are successful are the ones who really want it. You have to have that inner drive otherwise it's not going to work out."
--Kerri Strug,
gymnast, Olympic gold medalist


 
 
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