Sysco issues sustainable bonds | Advance Auto Parts reports Q4, annual profit | JELD-WEN sees revenue decline in Q4
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February 19, 2020
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Sysco has sold $500 million in 10-year sustainable bonds as part of a five-year plan that includes additional use of renewable energy and improved fishing and farming practices.
Full Story: MarketWatch (2/14) 
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Advance Auto Parts posted fourth-quarter earnings of $95.9 million on revenue of $2.11 billion. For all of 2019, the company's profit was $486.9 million on $9.71 billion in revenue.
Full Story: The Associated Press (2/18) 
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JELD-WEN's revenue dropped 1.8%, to $1.07 billion, in the fourth quarter compared with the same period last year, although North America revenue increased by 3.1% year over year.
Full Story: Seeking Alpha (free registration) (2/18) 
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Become a Faster, Smarter, & Stronger Distributor
The distribution business is moving fast. Is your ERP software keeping you ahead of the curve? Join us for a live webinar on Thurs., March 12th to see how 3 distributors capitalize on a fully connected business platform to be faster, smarter and stronger than ever before.
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Operations and Technology
E-commerce has increased demand for industrial warehouse and distribution space -- and led to higher rents -- in central Massachusetts and elsewhere.
Full Story: Worcester Business Journal (Mass.) (2/17) 
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State of the Wholesale Supply Chain Industry in 2020
The wholesale supply chain industry continues to look for ways to solve challenges around predicting shifting consumer preferences, volatility with suppliers and long lead times, and e-commerce growth that's increasing price transparency. Despite these obstacles, the industry collectively posted year-over-year sales growth of 8% in 2019, similar to the prior year. Get the key findings for Blue Ridge's wholesale supply chain industry 2020 survey.
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Sales and Marketing
How to get the most from digital campaigns
(Pixabay)
Attrock's Gaurav Sharma offers five ways to improve return on investment from digital campaigns, advising marketers on how to set the right goals and recommending that content is not only personalized but is user-centric and provides value by solving customer problems. Maximize artificial intelligence by using predictive analytics tools and chatbots, he writes.
Full Story: SmartBrief/Marketing (2/17) 
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Consistency is a common thread among all successful sales practices, from prospecting to coaching and development, writes Colleen Francis. "Just like we can't expect to get into the best shape of our lives by going to the gym once or twice, we also can't expect to create and grow our sales by being inconsistent in how we show up," Francis writes.
Full Story: Engage Selling (2/13) 
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The Business Leader
Strategies to help connect with millennials, Gen Z workers
(Pixabay)
Traditional communication tools, including email and intranets, are not the best ways to form connections with millennials and Gen Z employees, writes Erwin Van Der Vlist, founder and CEO of Speakap. Van Der Vlist shares four ways to better engage and retain these workers, including using digital tools to provide them with real-time feedback.
Full Story: Training magazine (2/13) 
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NAW Insider
Looking to create smarter distribution leaders at your company?
(NAW)
Build strategic thinkers and an agile team when you send your employees to the NAW Distribution Leadership Program, June 15-19, at the Ohio State University. This program is designed specifically to explore all aspects that make a distribution company successful: strategy, finance, supply chain management, sales and marketing, hiring and retention, team effectiveness and driving growth. Your employees will learn how to increase profits and reduce costs as they analyze the latest trends in supply chain management ... all within one week!
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Are you ready for the e-commerce takeover?
There's no denying the growth/demise ratio of Amazon versus brick-and-mortar operations. The "Amazon Effect" is causing businesses to literally shut down, leaving their creditors at a loss. NAW's strategic partner Cortera wants wholesaler-distributors to be ready. For a limited time, Cortera is offering wholesaler-distributors a complimentary Portfolio Analysis, CFO Report and unlimited Boost. Take advantage of this offer.
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"Optimizing Distributor Profitability": 47 best practices, 50 action steps, 84 distributor examples
(NAW)
"Optimizing Distributor Profitability: Best Practices to a Stronger Bottom Line" is a groundbreaking research study -- with an oversize, step-by-step wall map -- that features 47 best practices and 50 action steps developed from actual experiences with 84 real-world wholesale distribution firms. This perennial best-seller is a powerful weapon to use to enhance your shareholder value. Also available as an e-book. Download a sample.
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