Created for [email protected] |  Web Version
July 1, 2022
Connect with NAW LinkedInFacebookTwitter
NAW SmartBrief
News for the wholesale distribution industrySIGN UP ⋅   SHARE
ADVERTISEMENT
Top Story
The number of new Amazon aggregators being funded by investors and the amount of funding for aggregators have both fallen by almost 50% in the first half of this year, compared with the first half of 2021. Marketplace Pulse founder Juozas "Joe" Kaziukenas attributes the decline to increasing costs for capital, flat e-commerce growth and aggregators' inability to succeed as Amazon sellers.
Full Story: Marketplace Pulse (6/29) 
LinkedIn Twitter Facebook Email
Operations and Technology
Warehouse operators can alleviate labor shortages and space constraints, increase productivity and improve safety by adopting automation, writes Will Quinn, director of industry solution and strategy at Infor. Automation also benefits customers by "reducing errors, increasing customer satisfaction, reducing returns, and correcting shipments," Quinn writes.
Full Story: Industrial Distribution (6/29) 
LinkedIn Twitter Facebook Email
The effort to move more trucking and delivery fleets to electric vehicles to cut carbon emissions is likely to be a process rather than an immediate shift, writes Michael Roeth, executive director of the North American Council for Freight Efficiency. "When it comes to electrification, it's not all or nothing," Roeth writes. "As we sit here today, there are many instances where EVs are already being successfully used to move freight."
Full Story: Fleet Owner (6/29) 
LinkedIn Twitter Facebook Email
Sales and Marketing
Craft Ventures Operating Partner Justin Turner says business-to-business marketing personnel have to be intentional about resetting their company priorities as the economy heads toward a downturn. Freelancers may be a smart investment, since they are generally flexible and can bring subject matter expertise quickly, Turner writes.
Full Story: Forbes (tiered subscription model) (6/29) 
LinkedIn Twitter Facebook Email
Salespeople can use the "JOLT" method to help customers make a final buying decision by limiting risk, minimizing distracting information and making recommendations, write DCM Insights founding partners Matthew Dixon and Ted McKenna. "In order to convince the customer that they are in good hands -- that their rep will guide them to the best decision possible -- best reps look to demonstrate their own expertise and credibility," they write.
Full Story: Harvard Business Review (tiered subscription model) (6/29) 
LinkedIn Twitter Facebook Email
The Business Leader
Executives facing complex systems must navigate them carefully because unexpected results -- both positive and negative -- can emerge at the extremes, writes Rita McGrath. McGrath provides examples of success with complex problems, such as Amazon's venture into voice-enabled technologies, as well as failures.
Full Story: Rita Gunther McGrath (6/28) 
LinkedIn Twitter Facebook Email
Blaming others can undermine credibility, put people on the defensive and harm relationships, writes Gregg Vanourek, who recommends taking responsibility for actions, practicing empathy and collaborating with others to find positive solutions. "Ultimately, the allocation of blame matters much less than resolving the issues well," Vanourek writes.
Full Story: Gregg Vanourek (6/29) 
LinkedIn Twitter Facebook Email
NAW Insider
Exclusive Networking and Thought Leadership for your Business
(NAW)
The NAW Large Company Roundtables are an exclusive community of thought leaders from Large Company distribution enterprises who congregate to network with noncompeting peers in multiple lines of trade on key issues. The companies invited into this community are from distribution firms with annual sales between $100 million and $999 million. Register today!
LinkedIn Twitter Facebook Email
Breakthrough Education = Groundbreaking Results
(NAW)
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.
LinkedIn Twitter Facebook Email
LEARN MORE ABOUT NAW:
Join NAW | Publications | Events | Legislative Issue Briefs
Business Services | NAW Career Center | Blog
Editor's Note
SmartBrief will not publish July 4
SmartBrief will not publish Monday, July 4, in observance of Independence Day in the US.
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
Who Said It?

In our deepest moments we say the most inadequate things.
Edna O'Brien or Patricia Lockwood

Check your answer here.
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, a division of Future US LLC ©
1100 13th St. NW, Suite 1000, Washington, DC xxxxxx