CEO: Tech Data sale is a win for everyone | Survey: Amazon continues to loom large in B2B buyers' plans | Report: Thermo Fisher considering Qiagen purchase
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November 15, 2019
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CEO: Tech Data sale is a win for everyone
Selling Tech Data to Apollo Growth Management is the right move for the company and its stakeholders, and it reflects the company's industry-leading position, says CEO Rich Hume. "The beauty of the Apollo group is that they provide a level of autonomy and independence within each of the businesses that they own," he says.
Tampa Bay Times (St. Petersburg, Fla.) (tiered subscription model) (11/14) 
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Survey: Amazon continues to loom large in B2B buyers' plans
A majority of purchasing managers surveyed by Digital Commerce 360 B2B already buy from Amazon Business and plan to increase their spending on the marketplace in 2020. Only 12% of respondents are spending the majority of their procurement budgets on Amazon and other marketplaces.
Digital Commerce 360/B2B (11/12) 
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Report: Thermo Fisher considering Qiagen purchase
Thermo Fisher Scientific is considering a takeover of Dutch diagnostics firm Qiagen, according to a Bloomberg report. In October, Qiagen CEO and Chairman Peer Schatz announced his plans to step down from the company, which generates $1.5 billion in annual revenue.
FierceBiotech (11/14) 
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Webinar - What's on tap in manufacturing and distribution in 2020?
It's almost 2020, do you know what you need to be ready? Register for the webinar on Thursday, December 5th at 2 PM EST where experts from Netsuite and Deloitte will discuss what's ahead and what strategies will work best to remain competitive as they head into next year.
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Operations and Technology
Distributor combines online with brick-and-mortar
Gopher Industrial has grown by adding a 350,000-cubic-foot distribution center and a physical storefront while maintaining its focus on hose, welding and safety products. The company sets itself apart from competitors by adding value through superior customer service and having strong vendor and supplier relationships, says co-owner David Jones.
Industrial Supply magazine (Nov.-Dec. 2019) 
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Sales and Marketing
Emphasize convenience, service in B2B marketing
Marketing teams must emphasize the quality and ease of service that they provide their customers as business-to-business buyers continue to look for convenience, writes David Gordon. "Staying close to customers to understand their needs and meet their expectations is critical to staying ahead, innovating and driving sales," Gordon writes.
Modern Distribution Management (tiered subscription model) (11/13) 
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How B2B marketers can boost thought leadership with sales, PR
Business-to-business marketers can harness public relations expertise to bring sales and marketing closer together by creating thought leadership content that's based on the insights of sales leaders and directly addresses customer pain points, Lindsey Groepper writes. "Just as PR must be brought into the fold as a legitimate source of content, sales leaders must be treated as a source of ideas as the voice of the customer," she writes.
MarketingProfs (free registration) (11/13) 
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Featured Content
Sponsored content from SmartBrief
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B2C companies are using content to connect with their customers like never before. So what can the B2B industry learn from these marketing tactics? Access the report to learn how to effectively engage your customers with content.
 
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The Business Leader
Empower employees to finish what you delegate
Give team members the freedom and direction they need to complete assignments even as you monitor their progress and step in as needed, writes Naphtali Hoff. "If you see that things are starting to veer off the rails, you'll need to figure out how to correct or redirect the process to put it back on track," Hoff writes.
SmartBrief/Leadership (11/13) 
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Deal quickly with bad conflict
Conflict is inevitable, but destructive conflict must immediately be addressed through steps such as peer review, professional coaching and counseling, or dismissal, writes consultant and board member Fred Engelfried. "Failing to confront destructive conflict emboldens others to act the same while demotivating many more," he writes.
Chief Executive online (11/13) 
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NAW Insider
Save when you preorder "Innovate to Dominate" -- the time is now
Save when you preorder "Innovate to Dominate" -- the time is now
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"Innovate to Dominate: The 12th Edition in the Facing the Forces of Change Series" is less a report on trends and more of a roadmap for innovation. It helps distributors connect the dots between the forces of change and how distributors can change their business to capture opportunities ... and defend their business when necessary. The best innovations are about getting ahead instead of catching up. Save 10% per copy for a limited time using discount code FFC10 at checkout.
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Registration is open for NAW Billion Dollar Company Fall 2019 Roundtables
Registration is open for NAW Billion Dollar Company Fall 2019 Roundtables
(NAW)
Billion Dollar Company CEOs, CFOs, operation executives, CHROs, CLOs, and CIOs attend these roundtables to benchmark solutions and strategies from distribution executives who are at the top of their game. The companies invited into this community are from distribution firms that exceed $1 billion in annual sales. Participating in this 24-hour, results-focused business meeting is one of the best ways to learn from your C-suite peers in distribution -- who aren't competitors! Register today.
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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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