Alex Lee announces W. Lee Flowers acquisition | Golden State Foods subsidiary to move headquarters | Report: Supply chains will require expertise plus technology
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September 30, 2019
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Alex Lee announces W. Lee Flowers acquisition
Alex Lee will acquire W. Lee Flowers for an undisclosed sum. W. Lee Flowers owns and operates IGA and KJ's Market stores and also distributes to grocery retailers in North Carolina, South Carolina and Georgia.
Supermarket News (free registration) (9/26) 
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You Deserve an Apple Watch Series 4
We're giving away 2! To enter the drawing, simply complete our brief industry survey about your 2020 inventory and supply chain planning initiatives for competing in today's complex wholesale environment. Respond today; entry deadline is 11/1.
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Operations and Technology
Report: Supply chains will require expertise plus technology
Carriers and shippers believe that a balance of expertise and technology will be the key to successful supply chains, according to Coyote Logistics research. "Technology provides visibility and data that's critical to building a supply chain strategy, while human expertise is the key to unlocking the real value of the tools, synthesizing data into actionable supply chain initiatives, and making the best strategic decisions for the business," Coyote executive Christina Bottis said in a statement.
CSCMP's Supply Chain Quarterly online (9/26) 
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Supply chain finance has many benefits for businesses
Supply chain finance systems enable businesses to optimize cash flow and make accounts payable and receivable more transparent, writes Eric Krell. They are optimal for businesses that need to adjust the flow of goods to offset tariff increases, he writes.
Treasury & Risk (9/25) 
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Sales and Marketing
B2B display ad tactics that should be in your 2020 plans
Indrajeet Deshpande predicts the top 10 business-to-business display tactics for next year, such as an increased focus on maximizing display ad campaigns by setting clear goals and the need to identify niche publications within specific industries to boost return on investment. B2B marketers should design display ads that give prospects what they need to know immediately and invest in video to communicate in a more engaging way, he advises.
MarTech Advisor (9/26) 
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Report: LinkedIn again most-trusted social platform
Report: LinkedIn again most-trusted social platform
(Pixabay)
LinkedIn has retained the top spot as the most trusted social platform for the third straight year and is currently followed, respectively, by Pinterest, Instagram, Snapchat, Twitter, YouTube and Facebook, according to nearly 2,000 respondents to a Business Insider poll. The Digital Trust Report also reveals that legitimacy, community, privacy protection and relevance all play a significant role in a consumer's decision whether to engage with an ad.
Business Insider (9/26) 
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The Business Leader
5 reasons to be clear about strategy
Strategy execution is more likely to succeed when there is a statement of commander's intent that outlines a clear goal, defines roles for each team and empowers them to take action, writes Art Petty. "A clear statement of intent with key actions makes the work of strategy execution tangible and visible" while building trust, he writes.
SmartBrief/Leadership (9/26) 
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Make short-term sacrifices to ensure long-term success
Companies can employ successful long-term strategies if they are able to tolerate the risk and sacrifice of a short-term pivot, writes Amy Cappellanti-Wolf, chief HR officer at Symantec. "But if you stay attentive, plan well and know your out, then it's possible to pivot without losing the path forward," she writes.
Forbes (9/25) 
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NAW Insider
Preorder "Innovate to Dominate" -- the latest Facing the Forces of Change study
Preorder "Innovate to Dominate" -- the latest Facing the Forces of Change study
(NAW)
Innovation is about moving boldly into the unknown. NAW's brand-new "Innovate to Dominate: The 12th Edition in the Facing the Forces of Change Series" is a groundbreaking research study that will empower distributors to turbocharge their innovation journey. Author Mark Dancer helps distributors connect the dots between the forces of change and innovating the distributor business model. He reframes the term "innovation" and illustrates what leading companies from within and outside distribution are doing to innovate successfully. Save 10% now.
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Grab the last seats for "Digitizing the Sales Process Research Consortium"
Grab the last seats for "Digitizing the Sales Process Research Consortium"
(NAW)
Two things are clear: Major portions of the sales process will be digitized, and the sales force isn't going anywhere. What portions will be digitized and what new value-add will be created? What will remain in the hands of the sales force? Find out the answers to these questions and more by joining this cutting-edge NAW and Texas A&M University consortium, and you'll be ahead of the rest of the industry. Get details and sign up.
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New NAW Blog post: The Key to Defensibility in the Digital Age
New NAW Blog post: The Key to Defensibility in the Digital Age
(NAW)
AI entrepreneur Benj Cohen says, "The problem with most new technologies is that they quickly become obsolete. This is frustrating for distributors who are always trying to keep up with the newest thing. But AI should be viewed differently. Unlike other developments, it won't be swept away by accelerating waves of innovation. AI does not merely endure: it adapts and becomes better over time." Keep reading.
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You are perfectly cast in your life. I can't imagine anyone but you in the role. Go play.
Lin-Manuel Miranda,
composer, lyricist, singer, actor, playwright, producer
National Hispanic Heritage Month is Sept. 15 to Oct. 15
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