| November 20, 2007 | News for the wholesale distribution industry |
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| News and Trends |  |  |
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- Chemical distribution industry expected to hold steady in 2008
The chemical distribution business is expected to remain steady in 2008, with Peter Hess, president of the National Association of Chemical Distributors, saying, "We don't reap the huge rewards other industries have, but we don't have the big downturns either." Looking ahead to next year, industry experts generally agree that there will be more chemical procurement through distribution, but with no major growth spikes, according to this article. Purchasing.com
(11/15)
       
- MAPI economist sees recession warning signs
The likelihood of a U.S. recession has increased based on several factors, a new report has found. "By itself the housing collapse would probably not cause a recession, but when combined with a credit crunch, falling housing prices, record oil prices, falling corporate profits, low consumer confidence, and decelerating employment growth, the risk of recession has climbed to at least 50 percent," said Daniel J. Meckstroth, chief economist for Manufacturers Alliance/MAPI, in a quarterly economic forecast released by the group. Modern Distribution Management
(11/15)
       
| Best Practices |  |  |
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- Gender communication differences apparent in "he-mail," "she-mail"
E-mail is not exempt from the differences between the way males and females communicate, and certain gender patterns can be identified in e-mail, an expert says. For one thing, men's e-mails tend to be terse, while women's e-mails tend to be detailed. Advice for men includes making sure to respond to e-mail with at least one full sentence, while women are advised to avoid becoming too personal in their missives. American City Business Journals
(11/5)
       
- Consultant, futurist Wacker gives tips for success
In an interview, corporate consultant Watts Wacker gives his unique perspective on preparing for success. Some suggestions he offers include embracing change, giving employees the chance to make decisions, and considering possible aspects that might shape the future of the company. SalesForceXP
(11/2007)
       
| Sales |  |  |
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- Good press kit important for communication with media, others
Companies need to make sure they have good press kits, not just for the media, but for investors, customers, partners and others. Tips for effective press kits include making sure to address bad news up front instead of trying to hide it and making kits that are available online simple to navigate. MarketingProfs (free registration)
(11/13)
       
| Small Business Manager |  |  |
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| Executive Life |  |  |
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| NAW Insider |  |  |
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Brand-new Official Guide to Wholesaler-Distributor Financial Success
The three-volume Official Guide to Wholesaler-Distributor Financial Success shows you and your staff at all levels how to transition to financial management thinking. Use these volumes with your employees so that together you can help your company consistently perform in the top quartile of your line of trade. Buy these three volumes individually, or save when you buy them as a set.        
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Move the distributor-supplier relationship from dysfunctional to effective
It takes a long time to develop good distributor-supplier relationships, but it only takes a short time to destroy them. Working at Cross-Purposes from the NAW Institute for Distribution Excellence examines what drives these relationships, how often they go bad and why. Both partners can learn to avoid the economic and other consequences of a relationship turning sour by correcting emerging problems before they become critical.        
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