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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking   May. 23, 2013


 
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Volume is Driving Profitability for ASA Distributor Members
American Supply Association
American Supply Association distributor members continue to show differing results based on their revenues. The smallest of distributors, with under $10 million in annual revenues, are showing the slowest rate of growth yet the largest growth in increased margin. The largest percentage of distributors are showing reduced YTD profitability. Meanwhile, the association's largest distributors, with more than $125 million in annual revenues, are doing much better with the largest rate of revenue growth, the lowest percentage of distributors showing increased gross profit increases and the most showing increased YTD profitability. Clearly volume is driving bottom-line results.
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Industry's Help Needed in Oklahoma Tornado Relief Efforts
American Supply Association
World Vision, an ASA-supported humanitarian organization, is currently seeking the industry's help in the Moore, Okla., tornado relief efforts. World Vision has been globally committed to community development and disaster response since its founding in 1950. Three specific categories of products are currently being sought:
  • Cleaning products for first responders and cleanup efforts.
  • 400 complete 30-inch bathroom vanities (boxed — no faucets). These are going to be used in the rebuilding efforts of 200 homes. Faucets can also be donated as a separate item.
  • Washers, dryers, refrigerators and appliances of all types.
Anyone wishing to donate products may contact Efrain Perez with World Vision directly at 773-230-8179. Donation confirmation forms and further details regarding the relief effort are available on the World Vision donation page.

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Recognize Safety Excellence at Your Company
American Supply Association
Nominations for ASA's 2012 Member Safety Recognition Awards, to be presented during NetworkASA 2013 in Washington, D.C., are being accepted through Thursday, Aug 1. Six awards will be presented — three in the distributor category and three in the manufacturer category — and all are based on number of safe hours worked in 2012. The award program was created by the ASA Safety Committee to elevate awareness in all aspects of the PHCP and PVF industry and to recognize ASA members who had the lowest incident rate of nonfatal injuries and illnesses throughout the previous year. Download for an award application and contact Dan Hilton, Director of Government Affairs, for more details.
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ASA Safety Committee to Present FREE Workplace Violence Webinar
American Supply Association
Do you have questions regarding your rights and responsibilities if a violent workplace incident occurs? What about if a fight breaks out between two co-workers? What does the law, specifically OSHA, require of you as an employer? Are you allowed, required or precluded from sharing this information with others? Join former OSHA attorney Michael Taylor on Wednesday, July 10, at 2 p.m. EDT for a FREE webinar, presented by the ASA Safety Committee, on what you need to know in the event violence occurs in the workplace.
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Uncertainty Continues at NLRB after Latest Court Ruling
American Supply Association/Reuters
Once again, the National Labor Relations Board has been found in violation of the law, particularly because its rulings have been made by an unconstitutionally formed board. In the latest ruling, NLRB vs. New Vista Nursing and Rehabilitation, the 3rd Circuit Court of Appeals held that the recess appointment of Craig Becker in 2010, as well as the three appointments made in January of 2012, was invalid. Because of this, their rulings may also be invalid, although the court did not rule on the merits of the case.
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ASAU ONLINE COURSE OF THE WEEK

    Deliver Superb Service Within Your Company
Essentials of Superb Service in Distribution© provides team members with a concise explanation of the most important keys to providing superb service from a distribution perspective. This 31-minute interactive course addresses the critical operational, economic and interpersonal aspects of superb service from a wholesale distribution perspective. READ MORE



New Residential Construction in April 2013
U.S. Census Bureau
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for April 2013.
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European Construction Production Declines in March
Modern Distribution Management
Seasonally adjusted production in Europe's construction sector fell by 1.7% in the euro area (EA17) and by 1.1% in the EU27 in March 2013, compared with the previous month, according to first estimates released by Eurostat, the statistical office of the European Union. In February 2013, production declined by 0.3% in the euro area and remained stable in the EU27. Compared with March 2012, production decreased by 7.9% in the euro area and by 7.2% in the EU27 in March 2013.
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Copper Climbs on Mine-Supply Concerns, Fed Comment on Stimulus
Bloomberg
Copper traded near a two-week high on mine-supply concerns and amid comments from U.S. Federal Reserve officials supporting its stimulus program before Fed Chairman Ben S. Bernanke testifies in Congress.
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Iron Ore Seen Extending Decline as China Steel Mills Shut Down
Bloomberg
Iron ore will fall another 8% in the next several months as steel mills in China, the biggest importer, shut down because of maintenance, power rationing and squeezed profits, according to Deutsche Bank AG. Prices may fall about $10 a dry metric ton in the next couple of months, analysts led by Xiao Fu and Daniel Brebner said in an emailed report. Ore with 62% iron content at the port of Tianjin, a global benchmark, tumbled 22 percent to $123.60 a ton from a 16-month high on Feb. 20, according to The Steel Index Ltd.
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7 Practical Tips for Effective Supervision
By D. Albert Brannen
Experienced managers have increasing difficulty navigating today's alphabet soup of federal employment laws — ADA, ADEA, FMLA, IRCA, OSHA, NLRB, etc. State and local laws further complicate the making of employment decisions. At the risk of oversimplifying things, we prepared this list of seven tips for effective supervision to avoid legal liability in the workplace.
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Industry Pulse: Do you always keep documentation of important facts?
ANSWER NOW


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ASA Insights
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