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October 8, 2007News for the wholesale distribution industry
 
  News and Trends 
  • Who trained your forklift drivers?
    Although there are Occupational Safety and Health Administration-related certifications required to become a trained forklift operator, there are no regulations or specific standards for becoming a forklift operator trainer, according to this article. This has some concerned, given the safety hazards and risks associated with forklift operations, but OSHA says it currently lacks the legal authority to regulate trainers. DC Velocity (10/2007) LinkedInFacebookTwitterEmail this Story
  • Cardinal looks beyond drug wholesale business to increase growth
    Cardinal Health Inc.'s drug wholesale distribution business is still key to its overall profit strategy, but business is slowing, so the distributor is looking to its hospital supply and equipment units to help drive growth. "[Drug distribution] is our bread and butter. It is all our cash flow ... so we're not de-emphasizing it. But the other side is growing faster, and it has higher margins, and therefore by default it will just end up being a larger portion of our sales and our profits going forward," said CEO R. Kerry Clark. Reuters (10/3) LinkedInFacebookTwitterEmail this Story
  Best Practices 
  • Measuring customer loyalty difficult, but worth it
    Metrics on a combination of financial, customer service and employee perspectives are important to gauge the success of a business and keep it going. Measuring customer loyalty, however, can be complicated. Some tips for improving these measurements include: remembering that loyalty metrics are only indicators and can't cause growth, and surveys being kept as short as possible. CustomerThink (10/1) LinkedInFacebookTwitterEmail this Story
  • Intuition and innovation go hand-in-hand
    Intuition plays an increasingly important role in innovation in business. Some tips for boosting innovation and intuition in the workplace include building intuitive skills, and setting up training and development with learning goals centered on innovation, and performance competencies. Manage Smarter (10/4) LinkedInFacebookTwitterEmail this Story
  Sales 
  • Despite wants, make the most of the sales tools you've got
    Few salespeople are equipped with the full wish list of tools that could help them secure sales, but that shouldn't prevent them from pursuing sales with what they've got and reaching their potential, says expert Dave Kahle. Inform management of needed tools, but make the best of what you've got, he says. DaveKahle.com (9/25) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by NAW SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Small Business Manager 
  Executive Life 
  • Airlines try to please passengers with new air fare
    Major airlines are working to improve the meals served to passengers, and carriers say they're even upgrading the fare served in economy class. For example, Delta Air Lines will soon unveil cold entrees created for coach sections by chef Todd English while Continental's coach section can now enjoy complimentary meals, and American offers "Fresh Light Meals" to those sitting in the main cabin for longer flights. BusinessWeek (10/8) , USA TODAY (10/3) LinkedInFacebookTwitterEmail this Story
  • Maine grows into hub for microbrewing
    Maine and Oregon seem to have more in common than their dueling Portlands. Over the past 20 years or so, Maine has developed into the East Coast's answer to Oregon as a center for microbrewing activity, and several of the breweries offer tours. The New York Times (9/28) LinkedInFacebookTwitterEmail this Story
  NAW Insider 
  • Save 35% when you order DVM
     
    The NAW Institute for Distribution Excellence and Deloitte Consulting offer Driving Growth and Shareholder Value: The Distribution Value Map™. Known as DVM, this extraordinary mapping tool helps distributors make crucial strategic and operational improvements through a systematic approach to higher efficiency, greater profitability, and added value. Reenergize existing programs or jump-start new initiatives with DVM. Order and save 35%! LinkedInFacebookTwitterEmail this Story
  • Should you become an acquisitive distributor?
     
    This NAW Institute for Distribution Excellence book The Acquisitive Distributor pinpoints steps to success when one wholesale distribution firm sets out to acquire another. It can help you grow your business by showing you how the best acquisitive distributors operate. LinkedInFacebookTwitterEmail this Story
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