| June 29, 2007 | News for the wholesale distribution industry |
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| News and Trends |  |  |
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- CD&R exec won't get involved with HD Supply
Charlie Banks, a partner at Clayton, Dubilier & Rice, says he won't sit on the board or hold an executive position at HD Supply, the private-equity firm's latest acquisition. Despite the fact that Banks is "the most qualified" to lead HD Supply, opines the Daily Press, he said he won't compete against his friends, many of whom work for rival wholesaler-distributor Wolseley PLC. He currently oversees VWR International, which is now up for sale, and will take over as chairman at U.S. Foodservice once VWR is sold. Daily Press (Newport News/Hampton, Va.)
(6/26)
       
- Grainger expands operations in Austin
W.W. Grainger, Inc. has increased the size of its facilities in Austin, Texas, with the move to a 30,000-square-foot building, complete with a showroom. The building maintenance supplier previously moved two of its other Austin-area operations to bigger spaces. "We've been in Austin for more than 30 years, and the new locations are in direct response to our customers' needs and the growth in this area," says the manager of the new branch. American City Business Journals/Austin
(6/25)
       
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| Best Practices |  |  |
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- Survey: Family leave act raises concerns
A new report summarizes employer comments on the impact of the Family and Medical Leave Act. The employers took issue with the costs of intermittent leave, the vague definition of health concerns and potential abuse of taking unscheduled absences. USA TODAY
(6/26)
       
- When war vets return to the workplace
As war veterans return to their former jobs, managers need to know how best to work with them to help them reacclimate to civilian life. Some tips include allowing them a period of readjustment; offering them opportunities to talk about their experiences; and encouraging them to use all the military resources at their disposal. American City Business Journals/Milwaukee
(6/22)
       
| Sales |  |  |
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- Successful sales plans: All about timing
Field salespeople can ensure good usage of their time by creating a sales plan that incorporates long-term and short-term goals. Create detailed monthly plans that describe how you will invest your time in customers, what products you want to emphasize and how you will improve as a salesperson. DaveKahle.com
(6/5)
       
| Small Business Manager |  |  |
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- Avoid generational arguments over technology
Older family business owners generally are less inclined to invest money in new technology, while their children might be worried about falling behind. Despite that, more than 75% of SMB owners think technology is a key to maintaining their business. Inc.com
(6/25)
       
| Executive Life |  |  |
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| NAW Insider |  |  |
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The 2007 Hurricane Season is here, are you prepared?
Weather experts predict an above normal 2007 hurricane season with 13 to 17 named storms. To help business owners be better prepared this hurricane season, The Hartford has created a web presentation with tips and checklists for storm preparation, evacuation planning, post-storm safety and more. View the presentation at the Hurricane Information Center at http://www.thehartford.com/catinfo.        
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Order best-selling Facing the Forces of Change report
Facing the Forces of Change®: Lead the Way in the Supply Chain by the NAW Institute for Distribution Excellence is a best seller! This all-new study provides practical insights into key trends impacting the wholesale distribution supply chain and is packed with specific action ideas and planning tools that executives can use today to lead the way in their supply chains.        
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