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December 10, 2008News for the wholesale distribution industry

  News and Trends 
 
  • Auto industry suppliers hope for best, fear worst: Suppliers to the auto industry are closely watching the Detroit Three bailout process. If the U.S. auto industry fails, the ripple effect could devastate many suppliers. Auto-parts wholesalers around the country have seen sales decrease in the past year, with a 9.46% average rate of decline in 2008, according to data compiled by Sageworks. The Buffalo News (N.Y.) (12/7) LinkedInFacebookTwitterEmail this Story
 Supply Chain Innovations: Executive Kit
Distribution industry expert, Dr. Adam Fein shares the four main topics of his acclaimed book Facing the Forces of Change®: Lead the Way in the Supply Chain in this compilation of articles. Click here to download IBM's executive kit for strategic insight and innovations for your supply chain.
 

  Best Practices 
 
  • Five key actions to stay afloat during the recession
    Suggestions from The Hackett Group on how to weather the recession include speeding up activities that will bring the greatest return in six months; aggressively managing your working capital; leveraging your best suppliers; and re-examining IT investments. Business Finance (12/5) LinkedInFacebookTwitterEmail this Story
  • Invest in knowledge workers to get through tough times
    As businesses lay off workers in the highest numbers in decades, one expert suggests companies should be regularly examining ways to cut costs, before cost-cutting becomes an absolute necessity. One investment that can truly pay off is in knowledge workers who can lead the company forward. Bloomberg Businessweek (12/5) LinkedInFacebookTwitterEmail this Story
 Distributors…Learn, Measure & Validate
Need answers about your customers, competitors, and markets? Capitalize on trends with proprietary, construction industry market research for distributors from the leader, McGraw-Hill Construction. Email doris_vitanza@mcgraw-hill.com for your FREE Research & Analytics Capabilities document.
 

  Sales 
  • Promotional products make a big impact on consumers
    Promotional products can go a long way toward influencing consumers, offering a way to engage all five senses. A survey of business travelers found that as many as 76% of respondents who received a promotional product within the last year could remember the advertiser's name, while their recall was much lower for ads seen in print publications within only a week's time. Manage Smarter (12/5) LinkedInFacebookTwitterEmail this Story
  Distribution Trends Blog 
  • A few words about the NAW Executive Summit
    Pembroke Consulting President and NAW Institute for Distribution Excellence Fellow Adam J. Fein, Ph.D. discusses the 2009 NAW Executive Summit in his latest blog update. The summit will bring together wholesale distribution executives from every sector for networking, brainstorming and economic forecasting from one of the industry's top economists. "I know that the economy is tough and many executives are cutting back on travel, but this is one meeting that I believe will pay for itself," Fein says. Distribution Trends (12/8)

  Small Business Manager 
  • Experts offer tips on getting customers to pay bills
    This report offers three strategies for getting customers who are behind on their bills to pay up. Experts recommend developing a billing system that alerts you quickly when a customer falls behind; offering customers installment plans when they admit they cannot pay their bills in full; and going to small-claims court or a collection agency when all else fails. CNNMoney.com/Money magazine (12/4) LinkedInFacebookTwitterEmail this Story
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  Executive Life 
  • Cities get creative to try to lure convention business
    With convention business dropping along with the rest of the economy, some cities are taking steps to create incentives and make their convention offerings known to meeting planners. New Orleans, for instance, is offering free space at the Morial Convention Center, and Tucson, Ariz., says it will offer credits of up to $20,000 against meeting costs. Chicago Tribune (12/8) LinkedInFacebookTwitterEmail this Story
  NAW Insider 
  • Hertz NeverLost® GPS In-Car Navigation Satellite System
      
    Next time you rent with Hertz, don't forget to include NeverLost®, the in-car navigational system. Mounted in your vehicle, this video console shows you exactly where you are, calculates your best route to any address you request and guides you with turn-by-turn commands. You'll never be lost again! To enroll in the NAW/Hertz Business Account Program, visit NAW's Web site. LinkedInFacebookTwitterEmail this Story
  • Use acclaimed industry trends report in your strategic planning
     
    There's no better resource to help with strategic planning during an economic downturn than Facing the Forces of Change®: Lead the Way in the Supply Chain. This report provides practical insights into key trends affecting the distribution supply chain and is packed with specific action ideas and planning tools that you can use today to plan for growth and profitability. LinkedInFacebookTwitterEmail this Story
  • Payment paradigm has shifted
      
    From NAW and Solveras Inc. comes the first all-in-one invoicing, check imaging, ACH and credit card processing solution with your business in mind. Web-based, bank neutral with faster funding -- ParadigmSM delivers major savings to your bottom line. Get more information. LinkedInFacebookTwitterEmail this Story
Learn more about NAW ->Join NAW  |  Business Products  |  Publications  |  Meetings  |  Govt. Relations

  Weekly Poll 
  • Will you change your holiday spending based on the economic climate?
Yes, I plan to spend less this year.
No, I plan to spend more this year.
I plan to spend about the same as last year.

 
Position TitleCompany NameLocation
Technical Customer Service RepresentativeRAASM USA, Inc.Charlotte (Southend), NC
Vice President of DistributionUlineWaukegan, IL
Corporate Procurement ManagerGas and SupplyBaton Rouge, Louisiana
Customer service representative/Export divisionSummit Electric SupplyHouston, TX
Click here to view more job listings.

  SmartQuote 
If you want children to keep their feet on the ground, put some responsibility on their shoulders."
--Abigail Van Buren,
advice columnist


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