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July 9, 2021
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Top Story
Home Depot is opening flatbed distribution centers and making other supply chain investments to attract business from professional customers, who account for about 45% of sales. Home Depot does well with smaller contractors and is looking to get more share with larger pros, President and Chief Operating Officer Ted Decker says.
Full Story: CNBC (7/6) 
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The New Holiday Retail Planning Guide
With new tips and strategies from leading industry experts, data-rich insights, and a finger on the pulse of changing consumer behaviors, this guide has everything you need to plan for the holiday 2021 shopping season. Get the guide
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Operations and Technology
Distribution center operators can take simple steps toward automation by using voice-directed warehousing and mobile workstations, writes John O'Kelly, president and founder of Newcastle Systems. "Once you have an idea of where you'd like to automate, get some expertise to help with the how," O'Kelly writes.
Full Story: Modern Distribution Management (tiered subscription model) (7/6) 
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Logistics technology providers are adjusting labor management systems to account for increased worker interactions with robots. "We're using our LMS to measure job performance and set expectations, but we're now integrating that with data feeds from robotic functions," says Kevin Stock of third-party logistics firm Geodis, which uses automated mobile robots.
Full Story: DC Velocity (7/8) 
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Sales and Marketing
Bite-sized goals can help end sales slumps
(Pixabay)
Use smaller goals to help salespeople break out of slumps, as a focus on the bigger picture can often prolong ineffective periods, writes Colleen Francis. Instead of focusing on the target, encourage salespeople to think about individual activities, such as preparing for calls, writing follow-up emails and networking at events.
Full Story: Engage Selling (7/6) 
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Business-to-business brands, such as BD, Sentry Insurance and Tata Consultancy Services, are embracing sports marketing and sponsorship, and Kenneth Hein explores the trend with industry insiders. Ogilvy Sports Network's Brad Silber says B2B marketers can tap sports engagement "to simplify complex customer capabilities through easy-to-understand sports analogies, highlight shared values between the brand and sports partner -- such as a commitment to excellence -- and connect with key business decision-makers on an emotional level."
Full Story: The Drum (free registration) (7/7) 
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The Business Leader
Leading a team is much like operating a good transportation system, where your goal is not simply getting from point A to point B, but delivering the most people to their desired destinations even if that means more stops, Steve McKee writes. The economy also operates this way, as "each of our organizations had its own stops and starts due to its specific market and competitive conditions," he writes.
Full Story: SmartBrief/Leadership (7/7) 
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NAW Insider
The country is opening up and so are NAW's offerings! Our NAW-Texas A&M Certificate in Professional Management classes will launch on campus at Texas A&M University starting this fall. Learn more.
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NAW blog post: Where Are You on Your Pricing Journey
(NAW)
According to David Bauders, SPARXiQ CEO, "Most distributors believe that their efforts of building home-grow pricing matrices amount to accomplishing strategic pricing, but they often experience only modest or flat or even declining (over time) profit improvements." Read his post.
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NAW partner Gallagher offers free town hall discussion on best practices to retain talent with an inclusive benefits strategy. Learn more.
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Marcel Proust,
writer, critic, essayist
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