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| NAW SmartBrief |
| February 23, 2007 |
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Brightpoint to merge with European wireless distributor
U.S.-based mobile phone and wireless products wholesaler-distributor Brightpoint has entered into a deal to purchase all outstanding shares of Dangaard Telecom A/S, another wireless W-D, based in Denmark. "This transaction will join together two of the most prominent players in the wireless handset distribution and logistics industry to create the true global leader," said Brightpoint's CEO and chairman. The Indianapolis Star (2/21) The Manufacturer (2/20)
Home Depot reports tough Q4
Home Depot Inc.'s profit dropped 28% in its fiscal fourth quarter, ending Jan. 28. Home Depot's CEO credited the drop to a slowed housing market and "general economic conditions." HD Supply, the retailer's wholesale distribution arm that will possibly go up for sale, saw its total sales in the fourth quarter increase by 64.4% on account of recent acquisitions. Industrial Distribution (2/20)
Other News
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From logistics worker to executive: navigating upward mobility
Supply management is tough, and skilled logistic workers are more frequently being promoted to management positions, yet they are often not given the proper training to make the transition. The key aims for these workers-turned-managers should be building a good team through systematic recruiting, keeping workers motivated and acting as an empathetic and positive leader. DC Velocity (2/2007)
Multitasking helps, not impairs, in fast-paced workplace
The numerous distractions and interruptions from PDAs, e-mail and high-speed Internet -- and the resulting multitasking -- may seem as though they would impede on the work of businesspeople. On the contrary, says one business and technology writer, performing multiple tasks at once is the only way to deal with an increasingly complex and fast-response work environment. Inc.com (2/1)
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Wholesale Distributors Send More Invoices Per $ of Revenue
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Thank your mentor for lessons learned
A general belief in the sales profession is that selling is a learned ability, which means even the best sales reps were taught some tricks and maneuvers along the way. Take time to thank the person who helped you learn to sell, and "you'll be very glad you did," says sales and leadership consultant Rick Johnson. CEO Strategist (2/1)
SMBs only as good as interactions with customers, clients
Small businesses and entrepreneurs can put a stamp on their products and services by offering impeccable customer service that turns prospects into loyal customers. "Small businesses are especially dependent on personal relationships," said a University of Maryland business professor. "The owner delivers the customer service and everything else." E-Commerce Times/The Frederick News-Post (2/18)
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CE devices slowly replace watches
Everyday electronics are replacing watches as the public's primary means of keeping track of time. BlackBerrys, iPods, cable boxes, mobile phones and computer screens all provide alternatives to the wrist-binding world of watch wearing. The Age (Melbourne, Australia)/Associated Press (2/21)
Culinary explosion transforms Peru's tourism industry
Superstar chefs and refined, spicy foods have turned Lima, Peru, into a culinary hot spot -- so much so that the city now even offers a tour called Culinary Tour Peru. Trendy dining establishments and specialty offerings, such as aji chili, cooked cebiche, pisco sour cocktails and other classic Peruvian dishes, are expected to boost Peru's tourism by 10% this year, one tour operator said, while Peruvian chefs who work abroad are drawing additional attention to their country's cuisine. The New York Times/Reuters (2/18)
Preventing Driver Slips and Falls
Slip and fall accidents are a significant factor in driver injuries, causing approximately 22% of injuries to drivers. Next to motor vehicle collisions, driver slips and falls are the most expensive type of driver accident. The Hartford shares some tips to help drivers protect themselves from slips and falls.
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