Grocers donating money, food, time during crisis | Core-Mark introducing delivery tech updates | Ingram Micro boosts financing for partners in US, Canada
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March 25, 2020
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Walmart, Target, Kroger and Albertsons are among retailers donating money, food and time to help those most vulnerable during the coronavirus outbreak, and they have also been joined in similar philanthropic efforts by smaller regional chains including H.E. Butt Grocery, Hy-Vee, the Giant Company and Vallarta Supermarkets. This article looks at how each of the grocers is stepping up to meet the challenges the pandemic poses in their communities.
Full Story: Supermarket News (free registration) (3/23) 
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Core-Mark is rolling out improvements to its delivery operations that include tracking tools and electronic receipts designed to make deliveries paperless. "Accurate, real-time tracking helps take the guesswork out of the warehouse receiving process," Core-Mark's Chris Bayley says.
Full Story: CSP (3/23) 
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Operations and Technology
Small distributors can use their size to their advantage by adopting the mindset of a startup and focusing on innovation, according to NAW Institute for Distribution Excellence Fellow Mark Dancer. "It's the small companies in any industry that aren't really encumbered by being a large, bureaucratic organization that has to meet the demands of investors," said Dancer, who explores this idea in his book "Innovate to Dominate: The 12th Edition in the Facing the Forces of Change Series."
Full Story: Industrial Distribution online (3/23) 
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Order your copies of "Innovate to Dominate: The 12th Edition in the Facing the Forces of Change Series"
Sales and Marketing
Cleaning and health care distributors and manufacturers are prioritizing getting their products to hospitals and similar facilities ahead of other customers. Distributor Sustainable Supply said its supply of products used for cleaning and sanitation is running extremely low.
Full Story: Digital Commerce 360 (3/23) 
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Patrick Kulp takes a look at how the coronavirus pandemic is leading to a surge in business for virtual event companies and talks to industry insiders about how marketers can effectively engage online event audiences. Intrado Digital Media's Ben Chodor says, "Add fun elements, add mean tweets, little contests, allow the audience members -- if it's an internal program -- to send some videos in advance and play them throughout."
Full Story: Adweek (tiered subscription model) (3/22) 
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The Business Leader
Leaders who use humor in challenging times can inspire hope, nurture team members' problem-solving skills and help employees stay grounded, says Trevor Smith of the World Laughter Tour. "With so much power to heal and renew, the ability to laugh easily and frequently is a tremendous resource in confronting any crisis situation," Smith says.
Full Story: Forbes (3/20) 
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Handling tough conversations at work means engaging directly with others, and improv specialist and founder of www.ImprovEdge.com Karen Hough has tips for how to do that. First, offer employees choices and be transparent -- then use the improv technique of "yes, and" to keep the conversation going.
Full Story: Training magazine (3/17) 
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NAW Insider
Develop your high-potential leaders at the NAW Distribution Leadership Program, June 15-19
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Attendees from across many lines of trade will spend a few career-changing days focused on learning specific ways to improve their companies' profitability. Your leaders will return ready to impact your business now and for years to come. This is an exciting educational experience for anyone who wants to contribute to the success of his or her distribution company at an even higher level. Learn more and register.
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Don't leave pricing to your salespeople
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The time has come to address your concerns about shrinking margins by upping your game on pricing decisions. If you keep doing more with less, you'll soon be doing everything with nothing. The issue of margin erosion will never end if you don't get creative -- first with your pricing methods and second with your value proposition. If you want to leverage pricing optimization best practices that are rooted in sound analytics, start by reading "Pricing Optimization."
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Magic happens when you go from being product-focused to customer-focused
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"Customer Stratification: Best Practices for Boosting Profitability" is a first-of-its-kind study that provides groundbreaking research, best practices from 68 real wholesaler-distributors and 20 practical action steps ready to implement. Rather than focus on sales force communication, this cutting-edge research focuses on customer relationships and the value customers provide to distributors. It looks at four customer stratification dimensions: buying power, customer loyalty, profitability and cost-to-serve. Order now.
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