Created for [email protected] |  Web Version
August 13, 2021
Connect with NAW LinkedInFacebookTwitter
NAW SmartBrief
News for the wholesale distribution industrySIGN UP ⋅   SHARE
ADVERTISEMENT
Top Story
Customers have flocked to Digi-Key and Avnet in search of computer chips and alternative products during the ongoing shortage. "We're seeing suppliers and customers really leaning on us more and more and leveraging more of our capabilities, both on the design chain side for our technical and design capabilities and on the supply chain side," said Tony Roybal, president of Americas Electronic Components at Avnet.
Full Story: Electronics360 (8/11) 
LinkedIn Twitter Facebook Email
WESCO's acquisition of Anixter puts the company "in an absolutely outstanding position" as the federal government looks to strengthen broadband service in rural areas, says John Engel, WESCO's chairman, president and CEO. The Federal Communication Commission's Rural Digital Opportunity Fund provides $20 billion over 10 years for companies to expand and improve rural broadband.
Full Story: Modern Distribution Management (tiered subscription model) (8/11) 
LinkedIn Twitter Facebook Email
Operations and Technology
Companies that are adopting electric vehicles and taking other steps toward sustainability must go further and use circular planning to truly be effective, writes Polly Mitchell-Guthrie, vice president of industry outreach and thought leadership at Kinaxis. "Planning for circularity makes good business sense, because it mitigates risk from the scarcity of raw materials, volatile prices of those materials, and regulatory restrictions on disposal, among others," Mitchell-Guthrie writes.
Full Story: Logistics Viewpoints (8/5) 
LinkedIn Twitter Facebook Email
Sales and Marketing
Strategic sales planning ensures that sales operations line up with corporate goals, with unified, transparent data to make salespeople's jobs easier, writes Eric Baldwin, vice president of customer success at Jedox. Such companies "are better equipped to manage the inflow of data and more readily optimize the value the new insights provide," Baldwin writes.
Full Story: Industrial Distribution (8/11) 
LinkedIn Twitter Facebook Email
Business-to-business marketers should emulate the content-focused strategies of media companies and can start by drawing prospects into authentic conversations on social media, advises PandaDoc's Shawn Herring. Invest in long-term content strategies such as a weekly podcast and don't be afraid to take risks, Herring writes.
Full Story: Forbes (tiered subscription model) (8/11) 
LinkedIn Twitter Facebook Email
The Business Leader
Swapping your to-do list for blocks of scheduled time can help you lock in on the most important tasks "without worrying about finding time for deferable tasks," writes Naphtali Hoff. "In effect, you're telling yourself, 'This one task is of great importance to me, and I will devote time and singular focus to it, to the exclusion of everything else,' " Hoff writes.
Full Story: SmartBrief/Leadership (8/11) 
LinkedIn Twitter Facebook Email
Airline pilots are focused on the details, think ahead about potential danger and help each other grow, writes Octavian Pantis. "By doing this over and over, we make the profession better, we make flying safer and our own jobs just a little bit easier," Pantis writes.
Full Story: CEOWorld Magazine (8/11) 
LinkedIn Twitter Facebook Email
NAW Insider
Register Today! NAW Fall 2021 Billion Dollar Company In Person Roundtables!
(NAW)
It has been a long time but, finally, we will be together again! Designed for C-suite executives, these roundtables provide actionable strategies that will increase your company's competitive advantage. Companies belonging to this community are from distribution firms that exceed $1 billion in annual sales. You'll engage in thought-provoking conversations with your peers and hear from industry experts on topics that will ultimately increase your profits! Register today.
LinkedIn Twitter Facebook Email
B2B Card-Not-Present Transaction Fees Increased by Credit Card Brands
(NAW)
Interchange rate increases and changes to rate tiers implemented in April are the largest in a decade, according to Bloomberg News. The fees target payment types common in the wholesale distribution industry. Stream the "Restructured Rate Tiers and Increased B2B Card-Not-Present Transaction Costs" podcast from Unified Payments Group to learn more.
LinkedIn Twitter Facebook Email
LEARN MORE ABOUT NAW:
Join NAW | Publications | Events | Legislative Issue Briefs
Business Services | NAW Career Center | Blog
Editor's Note
Correction
The quote that published on July 29 was attributed to the wrong person. The quote should have been attributed to public works official and urban developer Robert Moses. SmartBrief regrets the error.
LinkedIn Twitter Facebook Email
NAW CAREER CENTER
  General Manager
ABL WHOLESALERS DISTRIBUTORS - Columbiana, OH, US
View More Listings | Post a Job
Learn more about the NAW Career Center with this quick overview.
Sharing NAW SmartBrief with your network keeps the quality of content high and these newsletters free.
Help Spread the Word
SHARE
Or copy and share your personalized link:
smartbrief.com/naw/?referrerId=lfbdlNyHyu
Speech is a very important aspect of being human. A whisper doesn't cut it.
James Earl Jones,
actor
LinkedIn Twitter Facebook Email
SmartBrief publishes more than 200 free industry newsletters - Browse our portfolio
Sign Up  |    Update Profile  |    Advertise with SmartBrief
Unsubscribe  |    Privacy policy
CONTACT US: FEEDBACK  |    ADVERTISE
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004