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November 5, 2009News for the wholesale distribution industry
 
  News and Trends 
 
  • ISM factory index hit 3-year high in October
    The Institute for Supply Management's U.S. factory index jumped to a three-year high in October, increasing from 52.6 in September to 55.7. "The economic outlook is brightening," said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ of New York. In other positive news, the ISM's employment index notched its first increase in more than a year. The Wall Street Journal (11/3) , Industrial Distribution (11/2) , Bloomberg (11/2) LinkedInFacebookTwitterEmail this Story
  • Global manufacturing bolsters economic recovery: An uptick in manufacturing in the U.S., Europe and Asia provides further evidence that a global economic recovery is under way. Manufacturers worldwide are increasing production as local economies begin to rebound. The Wall Street Journal/Dow Jones Newswires (11/2)
  • Other News
Many of today's wholesale distributors have a hodge-podge of software products in use in their business, which often limits the ability of a business to grow and thrive. In this free white paper learn more about the value of integrated management software and how integrated software can boost productivity, reduce errors, and aid in the growth of your business.
  Best Practices 
 
  • Sports offer business lessons in winning strategies
    The elite level of sports has plenty of parallels with big business, including long-term and short-term strategies, goals, teamwork and perseverance. Some important lessons that sports offer are that elite athletes are not born but made, that planning and a positive mindset are essential, and that it's essential to celebrate victories. Forbes (11/2) LinkedInFacebookTwitterEmail this Story
Better managers = greater sales
Very few sales managers have ever been educated in the best practices of their jobs. Equipping your sales managers with an effective management system is the quickest way to increased business. Send them to the Kahle Way® Sales Management System Seminar in Orlando, December 3 & 4. Click here for more information, or call 800-331-1287.
  Sales 
  Small Business Manager 
  • 5 firms show how they adapt to change
    BusinessWeek looks at how five entrepreneurs are reviewing their business models and adapting to change. The businesses are diversifying, producing more revenue from online orders, updating facilities and online offerings, changing pricing and tightening their belts. BusinessWeek (11/4) LinkedInFacebookTwitterEmail this Story
  Featured Content 
 

  Industry Insights  
  • Good news for distributors in GDP data
    The federal government on Monday released preliminary estimates of the nation's gross domestic product for the third quarter, and the numbers contain good news for wholesaler-distributors, writes Pembroke Consulting President and NAW Institute for Distribution Excellence Fellow Adam J. Fein, Ph.D., in this blog post. The post includes a brief video on Fein's economic predictions for 2010 and information about his Nov. 19 webcast. Distribution Trends (11/3) LinkedInFacebookTwitterEmail this Story

  Executive Life 
  • Hawaii's World Botanical Gardens and Waterfalls adds zip line
    Visitors to Hawaii's Big Island will soon have the opportunity to sail through the rain forest on a zip line in the World Botanical Gardens and Waterfalls. "Along with safe excitement, our top priority for Zip Isle is to be an environmental leader on the Big Island," said Lanny Neel, garden director at WBGW. "As a botanical garden and repository for endangered plant species, the environment is extremely important to all of us. We carefully chose a zip line construction method using utility poles to ensure preservation of the forest." TravelAge West (11/1) LinkedInFacebookTwitterEmail this Story
  • "Natural wine" bubbles into view
    "Natural wine," a trendy term with no official meaning, is being defined by a coalition of wine bars and shops as being made with native fermentation, meaning the yeast comes from the grapes. These yeasts are considered a gamble because they can impart off flavors or die before all the sugar is converted. Los Angeles Times (10/28) LinkedInFacebookTwitterEmail this Story
  NAW Insider 
  • Register today for the 2010 NAW Executive Summit
     
    The 2010 NAW Executive Summit will focus on several fundamental questions: Where is the economy headed? Where are business and wholesaler-distributors in particular headed? Where is our country headed under the Obama administration as the United States continues to battle through the worst recession since the Great Depression? You'll hear and participate in expert presentations, distributor case studies and peer-to-peer discussion roundtables. LinkedInFacebookTwitterEmail this Story
  • New must-read: Value Creation Strategies for Wholesaler-Distributors
     
    Value Creation Strategies for Wholesaler-Distributors, by Steve Deist, Mike Marks and Mike Emerson, provides actionable insights about how wholesaler-distributors can use a market-driven strategy to increase enterprise value for customers and shareholders and to produce significant and rapid financial benefits. A market-driven approach is the key to creating true competitive advantage, permanently improving organizational performance and making real productivity gains. LinkedInFacebookTwitterEmail this Story
Learn more about NAW ->Join NAW  |  Business Products  |  Publications  |  Meetings  |  Govt. Relations

  Weekly Poll 
  • How did the economy impact your personal Halloween spending this year?
    After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
I spent about as much as in years past.
I spent less.
I spent more.
I never spend anything on Halloween.

ControllerRobinson HR Consulting (search consultant for client)Wilmington NC

  SmartQuote 
What wisdom can you find that is greater than kindness?"
--Jean-Jacques Rousseau,
Franco-Swiss philosopher, writer


 
 
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