Breakthru Beverage to grow with Major Brands acquisition | Fastener Distributor Index falls to 56.2 for Dec. | Imperial Dade buys Mo.-based janitorial, foodservice firm
The National Association of Wholesaler-Distributors' Executive Summit this month will be a combination of in-person and virtual events with networking and deep dives on key issues, says NAW CEO Eric Hoplin. Leading topics include inflation, talent, and regulatory and economic outlooks, Hoplin says.
Breakthru Beverage Group will acquire Major Brands, Missouri's largest alcohol distributor, in a deal set to be finalized this spring. The agreement furthers North American expansion plans for Breakthru, the US' third-biggest wine and spirits wholesaler, CEO Tom Bene says.
The second wave of warehouse robotics implementation will focus more on software, integration and fulfillment, writes Roberto Michel. Newer platforms allow warehouses to integrate robots and other automation tools from different vendors, Michel writes.
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Sales managers must set clear expectations and ensure effective onboarding plans are in place when hiring inexperienced salespeople, writes Matt Sunshine. Pair new salespeople with mentors and meet with them often to answer questions and mark early successes, Sunshine suggests.
With a plethora of in-person and online options available today, customers can choose to buy their products and services from just about anywhere, which means a business must create a positive customer experience to build loyalty. "It's one thing for a customer to be satisfied by a product, and it's another for them to be blown away by your service and rave about your business to their colleagues," writes Scott Ford, president of California Builder Services consulting firm.
The stress of leadership can literally affect your brain's prefrontal cortex, resulting in behavior that may adversely affect you and others, writes Amelia Haynes of the Korn Ferry Institute. Haynes recommends deliberate practices such as mindfulness and time for relaxation to rewire the brain.
The NAW Executive Summit is back in-person January 25 - 27, 2022 and it will be bigger and better than ever before! Learn more about the NAW 2022 Executive Summit.
