Amazon invests in educating 3rd-party sellers | Henry Schein posts profitable Q3 | US Foods reports $6.53B in Q3 revenue
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November 6, 2019
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Amazon invests in educating 3rd-party sellers
Amazon invests in educating 3rd-party sellers
(Denis Charlet/AFP via Getty Images)
The Amazon Small Business Academy recently launched to help third-party suppliers maximize growth through the platform. Amazon said it has dedicated $15 billion to assisting and educating third-party sellers, which account for about 58% of its online store sales, and has rolled out over 150 tools this year to help them.
GeekWire (11/1),  Chain Store Age (11/1) 
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Henry Schein posts profitable Q3
Henry Schein reported earnings of $140.6 million for the third quarter, with revenue reaching $2.51 billion for the period.
The Associated Press (11/5) 
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Why ERP is the key to customer experience
It is more important than ever for today's manufacturers and distributors to be able to deliver the seamless experience customers want — and ERP can get you there. Download this new report to learn how digitized processes and unified data improve overall business performance and boost customer satisfaction.
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Operations and Technology
Prevent cyberattacks on supply chain using these strategies
Supply chains have become increasingly vulnerable to cyberattacks, so companies should take steps to make them secure, according to the SANS Institute. It recommends vetting all supply chain partners, monitoring their vulnerabilities and having a manager or executive on board with cybersecurity efforts, among other strategies.
CSO (free registration) (11/5) 
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Wearable movement trackers intended for worker safety
Some warehouses are using wearable technology made by StrongArm to track workers' physical movements, gathering and analyzing the data to improve safety. Critics say the data could violate workers' privacy and be used to punish them.
BNN Bloomberg (Canada) (11/5) 
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Sales and Marketing
How to get B2B customer research right
Stacey Danheiser provides statistics and examples of research that show the importance of customer research for business-to-business marketing and explains how to gain an in-depth understanding of prospects in three steps. Regain a sense of curiosity to put yourself in your customer's shoes and ask customers questions that a journalist might pose, she writes.
Business 2 Community (11/4) 
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4 key reasons why B2B brand building is vital
Andrew Last offers four reasons why business-to-business marketers must be given the resources to focus on long-term brand building, as evidenced by a recent report from LinkedIn and the B2B Institute. Two of these, he argues, are that investing in share of voice leads to higher market share and brand building not only attracts new prospects but reaffirms the buying decisions of existing customers.
The Drum (free registration) (11/4) 
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The Business Leader
What corporate execs can learn from the British Army
Business leaders can learn from how the British Army has become more agile by empowering people to make quick decisions and using standardization to ensure everyone is "speaking the same language," says Justin Maciejewski, director general of the National Army Museum and a former commander in the British Army. "For me, a good process is a process that helps someone see how to think, how to find a solution, but it doesn't tell them what to do," Maciejewski says.
McKinsey (10/2019) 
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Tap the knowledge of older workers to boost culture
Organizations can tap into older employees' skills and knowledge by creating ways for them to mentor younger team members and giving them new challenges, writes Janice Sutherland. Give performance feedback to more mature team members to increase motivation and allow them to help shape a culture of high expectations, she writes.
Thrive Global (11/4) 
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3 ways psychological safety helps performance
Leaders can promote creativity and risk-taking in their team members by creating a culture where they know it's safe to explore and grow their skills, writes Marlene Chism. Foster a safe environment by enhancing the leadership abilities of front-line managers, holding regular one-on-one meetings and modeling a growth mindset that values constant learning, she writes.
SmartBrief/Leadership (11/4) 
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NAW Insider
Don't miss Nov. 14: Welcome to the Age of B2B Innovation
Don't miss Nov. 14: Welcome to the Age of B2B Innovation
(NAW)
NAW Institute Fellow Mark Dancer and Mike DeCata, President and CEO of Lawson Products, will have a lively and informative discussion about how distributors can lead in the age of B2B innovation, defeating disruption and reinvigorating our business economy through digital transformation. Register for NAW's Nov. 14 "Welcome to the Age of B2B Innovation" webinar, sponsored by PROS. Can't attend? Register anyway and we'll send you a webinar replay link.
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The secret is out: What best-in-class distributors use to attract and keep top performers
The secret is out: What best-in-class distributors use to attract and keep top performers
(NAW)
Real companies are finding real solutions and practical steps to attracting and keeping their best employees with "Optimizing Human Capital Development." You've got to have the right arsenal to keep your top performers and build your competitive advantage. Grounded in research and a data-driven approach with 18 leading distributors, this study includes 25 sets of talent best practices, 16 action steps and 62 real-world distributor examples. Read the table of contents and introduction.
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Travel plans? Enjoy special savings from NAW partner Hertz
Travel plans? Enjoy special savings from NAW partner Hertz
Wholesaler-distributors save up to 25% off Hertz car rental base rates* on business or leisure travel when reserving with NAW discount code CDP# 55709. To reserve, go online or call 800-654-3131. *Taxes excluded. Terms apply.
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