US Foods helps restaurants with new website | Fastenal uses lockers to make pickups easier, safer | Brenntag CEO shares chemical distributors' challenges
US Foods is making webinars, consultations and other industry resources available on its Make It Now website that's aimed at restaurant owners. "Our most popular topic so far has been helping participants navigate the CARES Act, which is quite complex," says Jim Osborne, the company's senior vice president of customer strategy and innovation.
Fastenal has introduced a service that enables customers to collect products from a locker at a convenient time without having to engage with other people. The lockers are available at customer sites and Fastenal locations.
Coping with the disruption and changes in demand caused by the coronavirus is different for chemical distributors such as Brenntag because they often deliver small orders of chemical products to a variety of customers and the process requires handling hindered by social distancing, says CEO Christian Kohlpaintner. Diversity in products helps, as water treatment, personal care and other segments have performed well, he says.
Building business resilience in times of change Few businesses, if any, were prepared to face the current environment brought on by the coronavirus pandemic. But the businesses that have reacted quickly and incorporated planning for times of change into their strategies for the future will be the ones that emerge successfully in the age of COVID-19. Hear from prominent industry leaders in this webinar.
Many companies are using more than 50 cybersecurity products across their organizations, with some using more than 100, finds a report from Oracle and KPMG. This patchwork approach leaves businesses vulnerable to data breaches because of misconfigurations, the report states.
With the crisis shifting the needs of your audience, Andrew Nguyen, co-founder of Build Your Own Brand, explains how to pivot successfully. Consider offering digital experiences, ramping up your content marketing and focusing on building new relationships.
The best way to help people is often to let them work through problems, not rescue them by doing the work for them or extending deadlines, writes Dan Rockwell. "The only way to learn how many plates you can spin is to break some plates," he writes.
Many US companies say they will use temperature checks, diagnostic tests and face masks -- and not antibody tests -- as part of their reopening plans. Employers have expressed concerns about liability, costs, availability and validity of the antibody tests.
NAW will partner again with NAW Senior Economic Advisor Alan Beaulieu of ITR Economics to produce a second critical economic forecast webinar. Are we at or near the general economic bottom? What is happening in various wholesale distribution market segments? What are the stock market and interest rates doing now and in the near term? "Distribution Post COVID-19 Outlook" will be Thursday, May 28, 3 to 4:30 p.m. EDT. Seats are limited, so purchase yours here.
NAW guest blogger Benj Cohen writes: "Many distributors have been on pause for the last few weeks. But, as businesses reopen, the competitive landscape will begin changing quickly. Some distributors will recover smoothly. Others will struggle to adapt. Ending up on the winning side is a matter of preparation. Distributors need to create a winning game plan before competition resumes." Read his post.