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December 10, 2007News for the wholesale distribution industry
 
  News and Trends 
  • BlueLinx tightens its budgetary belt amid market downturn
    The building products distribution firm will suspend its shareholder dividend, sell off some underperforming inventory and consolidate its headquarters and sales center within a single facility in an effort to adjust to the housing market downturn that's affecting many homebuilding-related companies. The developments come a month after BlueLinx posted a steep drop-off in Q3 profit and sales. The Atlanta Journal-Constitution (free registration) (12/5)
  • Other News
  Best Practices 
 
  • Ten important considerations in planning for 2008
    As companies plan for the upcoming year, an expert offers a list of 10 important business and marketing ideas. They include analyzing and updating Web sites; considering new media possibilities; creating a company newsletter; and enhancing your team's client communications and relationships. Manage Smarter (12/5)
  • Establishing good credit record vital to growth
    Establishing a credit score separate from a personal credit rating is important to entrepreneurs looking for loans to grow their businesses. And, at this time of year, it is important for businesses to avoid spending more than they can afford to keep their credit score attractive. Los Angeles Times (free registration) (12/6)
 STREAMLINE BUSINESS PROCESSES
Learn how SAP for Wholesale Distribution can help high-tech distributors streamline business processes from start to finish. Customer- and supplier-facing applications in the portfolio are linked together to make the most of inventory, while tracking all activity in real time.
 
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  Hot Topics 

Top five news stories selected by NAW SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Small Business Manager 
  • Businesses reduce gift-giving, merry-making this year
    Fewer businesses will give staff parties and give employee gifts this holiday season, according to new surveys of the business owners and resource managers. Among the small-business owners who said they would still give gifts to employees this year, the most popular choices were cards, calendars, gift cards, food baskets, company-branded items, charitable donations, flowers, and wine or liquor. BusinessWeek (12/5)
  Executive Life 
  • Forbes presents the most expensive U.S. restaurants
    New York City is the priciest dining city in the U.S., with an average tab of $39.46 compared to the national average of $33.29, the most recent Zagat Survey of America's Top Restaurants revealed. Forbes' list of the priciest U.S. eateries includes L'Espalier in Boston, French Laundry in the San Francisco Bay Area and Masa in New York City. Forbes (12/6)
  NAW Insider 
  • A note about the 2007 Economic Census
    This month, you may receive a 2007 Economic Census form from the federal government. Census forms are sent every five years to a sampling of businesses in most industries, including wholesale distribution. If you receive a form, the U.S. Census Bureau encourages you to complete and return it promptly. It's an important step in the creation of accurate data about the wholesale distribution industry and the American economy. Get more information here.
  • Brand-new Official Guide to Wholesaler-Distributor Financial Success
     
    The three-volume Official Guide to Wholesaler-Distributor Financial Success shows you and your staff at all levels how to transition to financial management thinking. Use these volumes with your employees so that together you can help your company consistently perform in the top quartile of your line of trade. Buy these three volumes individually, or save when you buy them as a set.
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  Weekly Poll 
  • Is your company holding a holiday celebration or party?
    After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
Yes, we have one every year.
We are having one for the first time this year.
We have in the past, but we do not have one planned this year.
We never have a year-end party.

Distribution Center Manager - San Jose MarketGRAINGERSan Jose, CA

  SmartQuote 
Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen."
--Lee Iacocca,
industrialist


 
 
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