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May 27, 2022
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Top Story
MSC Industrial Supply is modifying its e-commerce platform to give customers a better experience by using an API-based infrastructure that allows for more frequent tech updates and changes to marketing campaigns, say Faisal Hussain, vice president of e-commerce, and Mark Pickett, vice president of cross-channel growth. "We take a look at every single transaction, every feature, every capability, every small thing on the website, which can make or break the experience," Hussain says.
Full Story: Digital Commerce 360 (5/25) 
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Lineage Logistics has announced it will start using as many as 150 linear generators that run on natural gas, hydrogen and other environmentally friendly fuels at its distribution centers in the US. The rollout of the Mainspring Energy generators will happen over 10 quarters.
Full Story: CSCMP's Supply Chain Quarterly (5/25) 
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How 179-year-old Stanley Black & Decker is embracing digital transformation
To Stanley Black & Decker, digitalizing the company means more than simply launching an e-commerce website. It means rethinking how they conduct business and how to engage with customers. Learn how they are staying ahead of this always-on connected modern world. Download the case study.
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Operations and Technology
Onboard applications from technology company AML can help warehouse operators control computer access and use mobile devices more efficiently, Kenny Ferguson, general sales manager, said. Labelmaster Vice President Robert Finn said his company's technologies and services ensure safe, compliant transport of dangerous goods, while ID Label Chief Marketing Officer Neal Lulofs said his firm's two-dimensional bar codes "allow data capture within inventory management software" and its cold storage labels work well in extreme conditions.
Full Story: Industrial Supply magazine (May/June 2022) 
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Sales and Marketing
Help your emails reach customers by avoiding all caps or exclamation points, checking how emails are scanned by Gmail, targeting offers, not sending too many emails in a week and being aware of how your subject line reads, writes Carolyn Nye, senior sales support manager for Acxiom. "Always test email offers to help determine which works best for your audience," Nye writes.
Full Story: Practical eCommerce (5/24) 
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Average marketing budgets increased from 6.4% last year to 9.5% of total company revenue in 2022, still behind the 2018-2020 average of 10.9%, according to Gartner's 2022 CMO Spend and Strategy Survey. Consumer products, Gartner reports, is the only industry category to experience a slight fall in budget, and spending is more evenly split this year between digital and traditional media, with social, paid search and online display the top channels for investment.
Full Story: SmartBrief/Marketing (5/24) 
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Explore the potential of retail with 5G.
Join a discussion with T-Mobile’s Roopi Crowley and Mall of America’s Aaron Nielsen as they explore how retail has put 5G in action—from better customer experiences with 5G-enabled VR to streamlined inventory management via connected POS systems. Register Now
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Policy Watch
Congress should pass antitrust legislation -- the American Innovation and Choice Online Act -- to "restore balance to the American economy and clamp down on Big Tech to protect online sellers," writes author Jason Boyce. Boyce also discusses how Amazon's private-label products have hurt sales of similar products offered by third-party sellers.
Full Story: Industrial Distribution (5/25) 
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The Business Leader
Companies spend $4,129 per hire on average, plus the hidden costs of onboarding, while precise skill development can cost as little as $20 per employee per year and also boosts loyalty, writes Leo Goncalves, vice president of workforce solutions at the University of Phoenix. "The better answer is to continually evaluate the existing skills base in the organization's workforce, identify the specific skills that are needed, and then create training opportunities that close those skills gaps," Goncalves writes.
Full Story: Employee Benefit News (free registration) (5/24) 
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CEOs can get off the "treadmill of mediocrity" by confronting uncomfortable issues head-on and learning how to prioritize and focus on accomplishing "one Picasso a day," says Laurie Schultz, a veteran technology CEO and board director. "[I]t helps you go to bed at night and be able to reflect and say, that was my Picasso today," Schultz says.
Full Story: LinkedIn (5/25) 
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Exclusive Networking and Thought Leadership for your Business
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The NAW Large Company Roundtables are an exclusive community of thought leaders from Large Company distribution enterprises who congregate to network with non-competing peers in multiple lines of trade on key issues. The companies invited into this community are from distribution firms at or above $100M and $999M in annual sales. Register today!
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Watch on demand: Marketplace Disruption and Strategic Response
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Looking for insights on creating and building your marketplace strategy? Watch this free webinar for distribution leaders on Marketplace Disruption and Strategic Response. Hear from Ian Heller, co-founder and chief strategy officer at Distribution Strategy Group, and Alex Moazed, founder and CEO of Applico. These two thought leaders, along with a panel of distributors, discuss their own marketplace strategies and share the business decisions that led to their specific strategies. Watch now!
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Breakthrough Education = Groundbreaking Results
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Are you looking for professional development programs to help you retain and develop your key personnel? If yes, then the NAW Certificate in Distribution Professional Management program will help your leaders reach their highest performance levels. Learn more.
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SmartBrief will not publish May 30
In observance of Memorial Day in the US, SmartBrief will not publish Monday, May 30.
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