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April 22, 2021
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Top Story
Americold reported 11.4% revenue growth in 2020 as the pandemic increased the need for retail cold storage, says Americold CEO Fred Boehler. "What we eat and where we eat will change, but we're going to eat," he says.
Full Story: The New York Times (4/20) 
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The Death of Field Sales
The days of large field-based sales teams are numbered for most organizations. Most customers don't want it and most businesses simply can't afford it! This book shows a better way to grow sales significantly faster than expenses, as we return to business as usual.
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Operations and Technology
Warehouse operators that want to start using robotics should have a handle on stock-keeping unit and order data, then ask vendors how products will work in particular environments, industry experts say. It's also best to start small, ensure software functionality and know the right product dimensions and weights for piece-picking robotics.
Full Story: Modern Materials Handling magazine online (4/19) 
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Digitization can offer organizations cost-effective, efficient, customer-driven and competitive supply chain management techniques. To start digitizing, supply chain leaders should look to innovate with track and trace technology, radio frequency identification and Bluetooth tech, 3D printing, robotics and Industry 4.0 tools such as big data and in-depth analytics, writes C S Ellis' Matthew Bratherton.
Full Story: Manufacturing Global (4/18) 
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Revisit the ecomm trends taking you to #1 in 2021
The end of Q1 is approaching - how are you tracking against this year’s top ecommerce trends? Join experts from LoyaltyLion, Klaviyo, Shopify, Nosto and more to revisit the trends that will take you to number one in 2021. Access the ebook and on-demand video library now.
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Sales and Marketing
Free trials and one-call closing models can be effective ways to shorten sales cycles, writes Zac Muir. Reject the assumption that sales cycles require a minimum amount of time and try using sales engineers, support teams and other roles creatively to speed up selling activities, Muir suggests.
Full Story: Sales Hacker (4/15) 
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A few ways for distribution salespeople to get better results from virtual sales calls include asking everyone to have their cameras on, recording calls with the customer's permission and using no more than 20 words per slide, said Marcus Sheridan at a recent event.
Full Story: Modern Distribution Management (tiered subscription model) (4/20) 
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The Business Leader
Employees should be able to quickly grasp organizational mission, values, policies, strategies, culture and performance ratings, but resist making these things so simplistic that they lose their meaning, writes TalentTelligent co-founder Bob Eichinger. "Consider being parsimonious -- meaning, to be as short and simple as needed to get the intention of the message across," he writes.
Full Story: SmartBrief/Leadership (4/20) 
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Employees who feel significant stress over their finances aren't likely to speak up, but it could be affecting their productivity, mental wellness and morale. A survey by Salary Finance showed that financially stressed workers tend to lose about a month of productivity per year and are twice as likely as others to look for a new position, so employers should prioritize financial wellness initiatives that meet their needs.
Full Story: BenefitsPRO (free registration) (4/20) 
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NAW Insider
Sign up for the virtual NAW Certificate in Distribution Professional Management sessions
(NAW)
Through the NAW Certificate in Distribution Professional Management, which is completely virtual in 2021, NAW and our partner Texas A&M University offer these three comprehensive sessions to help you help your managers to strengthen their skills with the educational foundation they need to enhance their value to your company: Optimizing Distributor Profitability, May 24-27; Generating and Managing Growth, July 19-23; Distributor Capability Development, October 18-22. Register your team today!
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NAW Blog post: Competing like Amazon Business in a Post-Pandemic World
(NAW)
Guest blogger Jason Hein of Bloomreach says, "The first thing that distributors must do is to stop competing with Amazon Business and start competing like Amazon. Competing with Amazon implies a "head-to-head" battle of tactical process excellence -- where the way to win is to do what you do better than Amazon does. Some B2B distributors consider things like contract pricing, inventory management, services provided to customers or product expertise to be "moats" that will protect their business from Amazon." Read his post.
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INNOVATE TO DOMINATE includes a new e-chapter about distributors' resilience and innovation during the pandemic
(NAW)
To help distributors move past the pandemic successfully, every new copy of INNOVATE TO DOMINATE ordered now includes -- at no extra charge -- a brand-new e-chapter called "Distribution Leans In: Stories of Resiliency and Innovation during the COVID-19 Pandemic." NAW has added this new e-chapter to give distributors immediate ways to apply all the lessons of INNOVATE TO DOMINATE as they emerge from the unprecedented challenges to a stronger business future. It's time for distributors to change the game and dominate the future of wholesale distribution.
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