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March 21, 2007News for the wholesale distribution industry
 
  News and Trends 
 
  • Grainger names top 2006 suppliers
    Grainger issued Partners in Performance Supplier Awards to 27 top performers, at the maintenance, repair and service equipment distributor's yearly supplier conference. Winners included Motorola Incorporated, Spectrum Brands/Rayovac Division and Wells Lamont Industrial. Progressive Distributor (3/20)
  • ScanSource makes deal with Janam Technologies
    ScanSource Inc. has added handheld computers to its line of offerings to reseller customers, via a deal with Janam Technologies, which manufactures barcode-scanning mobile computers. "Janam Technologies' rugged handheld devices allow our resellers to expand their mobile technology offerings by delivering a high-quality product that is also armed with Palm's productivity enhancing software," said ScanSource's VP of merchandising. eChannelLine Canada (3/14)
 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 
 
  • Purposeful abandonment moves supply chains forward
    Purposeful abandonment of antiquated processes allows supply chain managers to redistribute resources and stop wasting time, money and staff resources. The practice "presents [an] opportunity for someone to lead and drive the effort to abandon the present supply chain management approach and to design, develop, implement and manage the new and improved SCM," says SCM guru Thomas Craig. Supply Chain Management News (3/16)
  • Strategic planning is key
    Developing a long-term strategic plan can be an invaluable process if you take the time to involve all employees. Eliminating the CEO-only seal on your company's planning and development will build leadership, encourage teamwork and define company culture. CEO Strategist (3/1)
 Effective Pricing Management Leads to Greater Profits
Learn pricing principles that can have an immediate impact on the profitability of your 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.
 
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  Sales 
  • Status of the cold call
    Some may say that cold-calling is dead, but the practice can be successful if done correctly, Mike Schultz says in his report "What's Working in Lead Generation." "You have to actively go out and recruit new business if you want to succeed," he told BusinessWeek columnist Karen E. Klein. BusinessWeek (3/6)
  Distribution Trends Blog 
  • Be found online
    "The Internet now accounts for approximately 5% of total U.S. advertising spending," said Pembroke Consulting President and NAW Institute for Distribution Excellence Fellow Adam J. Fein, Ph.D., in his most recent blog update. Total Internet ad revenues in 2006 were up 34% from 2005. If you're not yet getting new customers via the Internet, now is the time.

  Small Business Manager 
  Executive Life 
  • Using domestic cell phones overseas
    Avoid being in a foreign country without a cell phone and paying overly high usage charges. Tips for using a cell phone overseas include buying prepaid SIM cards, renting a local phone in your destination country and bringing a dual voltage charger for your American phone. The New York Times (3/15)
  • Touting the advantages of fiber
    Fiber fills you up, keeps your appetite at bay and may ease symptoms of acid reflux and irritable bowel syndrome. Most people only consume about 10 to 15 grams of fiber each day, but the recommended daily amount is between 25 and 35 grams. Fiber is in oranges, other fruits, nuts, avocados and other plant foods. The Sacramento Bee (Calif.) (free registration) (3/18)
The Buzz(CORPORATE ANNOUNCEMENTS)

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

  NAW Insider 
  • NAW's Large Company Human Resources Networking Conference
    NAW's Large Company HR Networking Conference, May 16 to 17, in Chicago, convenes top-level HR executives from wholesale distribution companies with sales of $100 million and above to network and benchmark. Agenda topics are based on responses from the HR community and address specific needs of the group, including ROI of HR, succession planning, recruitment and retention. Get details and register here.
  • NAW and The Hartford
     
    NAW has partnered with The Hartford to offer insurance expertise and comprehensive coverage tailored to the specific needs of wholesaler-distributors. The Hartford also offers expedited claims handling services and a countrywide network of loss control and risk management experts to help wholesaler-distributors protect their businesses and minimize loss costs. More information available here.
  • Improve your branch profitability with powerful new tool
     
    Do you need help understanding your financial statement? Could you use a tool to build a powerful business plan? My Business Analysis [MBA] will do both and show you how to use financial analysis to find the path toward improving your branch profitability. Every branch manager should use the MBA to focus time and effort to improve their operating income.
Learn more about NAW ->Join NAW  |  Business Products  |  Publications  |  Meetings  |  Govt. Relations

  Weekly Poll 
  • Does your company use RFID technology?
    After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
Yes
No
We are developing a system

Branch ManagerRexel CLSWaterford, CT
Sales ManagerESP InternationalCedar Rapids, Iowa
Distribution Center - Front-line ManagersGRAINGERKansas City, MO
Sales ManagerHireElementsSeattle
Account Manager/Branch Mgr 1 or 2Valley National Gases, Inc.Bluefield, VA, USA

  SmartQuote 
The three great essentials to achieve anything worth while are, first, hard work; second, stick-to-itiveness; third, common sense."
--Thomas Edison,
inventor and businessman


 
 
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