ASA Insights
Feb. 09, 2017

Subdued US Industrial Economy Poised to Grow in 2017
ASA Advisor©
According to ITR Economics, average US Industrial Production, a benchmark for the US economy comprised of mining, manufacturing and utilities, was down 1.0 percent for 2016 compared to the 2015 level. Only US Total Manufacturing avoided recession with most of the weakness in industrial production concentrated in the mining and utilities components. With production levels currently rising, US Industrial Production is now in recovery. Leading indicators, such as the ITR Leading Indicator and the US Total Industry Capacity Utilization Rate, suggest that the US industrial economy will grow through the majority of 2017. Login to MY ASA to access the latest report.More

Purge Your Body of Plastics & See What Happens
ASA Materials Market Digest©
Basically, nothing. This was the conclusion reached by medical researchers in Austria after an experiment, whereby a family attempted to avoid all contact with plastics for six years. According to this article about the study written by Claire Goldsberry with PlasticsToday, it's unclear how well the subjects managed to do so given the ubiquitous presence of plastic products in advanced societies, but let’s give them the benefit of the doubt and assume they largely succeeded trying heir hardest to avoid exposure to plastics. Visit MY ASA for the latest and archived installments of ASA's Materials Market Digest©. More

Focused on Six Years of Growth
American Supply Association
ASA enjoyed its fifth consecutive year of net membership growth in 2016, and since January 1st, seven companies have joined ASA as new members, of which four are wholesaler-distributors and one is also a member of Omni Corporate Services: North Carolina-based Ruehlen Supply Co. And last week, association staff was in San Antonio for Omni's 2017 Spring Conference. "As a whole, Omni members reflect a profile that is true for about half of ASA's 330 wholesaler members, which is to say that their best competitors are ASA members," said Chris Murin. "With well over 300 different wholesalers and manufacturers in attendance, we get to help so many companies make the most from membership and participation in our industry's national organization. We can't thank enough John Aykroyd and Omni's board of directors for this fantastic opportunity."More

Aaron & Co.'s Richard Laudino Passes Away
American Supply Association
Richard Laudino, co-owner of Piscataway, N.J.-based Aaron & Co., died recently at the age of 62 after battling cancer, the company announced. Laudino is survived by his wife, Patty, children Michael and Kathryn, son-in-law, John, granddaughter, Anna Rose, parents Frank Sr., and Betty, sister, Patti, brother, Frank, and numerous nieces, nephews and cousins. Michael Laudino is the third generation of family to work at the company. In a letter to Aaron & Co. team members, suppliers and friends, co-owner Barry Portnoy noted Richard Laudino joined the company after graduating from Rutgers University more than 40 years ago.More

Creative Problem Solving
American Supply Association
Creative Problem Solving demonstrates to participants how to integrate creativity with analytic thinking for effective problem solving, and to develop critical thinking skills. Creative problem solving is a valuable skill for today's fast-changing world. The concept of "innovation" and how it relates to the bottom line will also be emphasized. An innovative mindset not only identifies and evaluates great ideas for the marketplace; it also focuses on solving customer problems. LEARN MOREMore

I AM ASA

"The Young Executives Division of ASA and the annual Spring Forum, in particular, have been instrumental in my growth in the wholesale plumbing business. YE has afforded me the opportunity to make lasting relationships with both distributors and vendors from across the country and as a result I feel more connected with what's happening in our industry."Chris Reynolds, Plumbers & Factory Supplies

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Is It Time To Re-Think Your Onboarding Process?
American Supply Association
If you're like most companies in the industry, you have an "on-boarding" process that you use when new people start. After a while, that process can get stale. And, since it is so difficult to find good talent these days, you really want to be on top of your game. After the candidate says "yes!" to your organization, you shift into employee retention mode from Day 1. And they are keeping score. An employee will make up their mind whether they're staying with a new job within the FIRST WEEK! Join ASA's Training & HR Networking Council on Tuesday, February 21 to learn ways to help create, implement, or upgrade your process. REGISTER NOW More

Young Execs Spring Forum Registration Now Open
American Supply Association
Taking place in Cleveland, the 2017 Spring Forum looks to build on its continued success. The Young Executives Division is a vital piece to develop leadership skills, build key relationships and work together with other young industry professionals. These education and networking opportunities are critical for tomorrow's leaders in all PHCP-PVF companies across the U.S. and are tailored specifically to the young executives. This year, with generous support from Oatey Co. and ASA's Education Foundation, Alex Goldfayn will be leading the educational portion of the event. Alex will focus on growing your company's revenue with simple, powerful, no-cost communications techniques. Be sure to register right away for this great event taking place May 22-24, 2017. REGISTER NOW More

Women in Industry 2017 Spring Conference Registration


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Read the Latest from Morris Beschloss
American Supply Association
This week's news: Why "Trump" Stock Markets Foiled Expectations

Want to read more from Beschloss? Click here to go to The Beschloss Perspective for a full archive of past articles.More

UID is One Month Away!
American Supply Association
The University of Innovative Distribution is a concentrated educational program focused on the unique needs of the wholesale distribution industry. 2017 marks the 24th year that UID has been serving the supply chain. Known worldwide for excellence in education, UID is sponsored by the leading distribution professional associations, in cooperation with the Department of Technology Leadership and Innovation at Purdue University. Working together, these groups take great pride in providing a superior learning experience. REGISTER NOWMore

How to Build an Onboarding Plan for a New Hire
Inc.
With the economy on the upswing, many growing companies are starting to go after talented new employees. That means a lot of first days on the jobs, and lot of time and money to spend while new staffers get up to speed. What if you could shrink the time it takes for an employee to reach his or her full potential? That's the promise of a growing trend in human-resources management called onboarding; its advocates describe it as a comprehensive approach to bringing on new hires that goes beyond simple orientation.

Want help developing your own training program? Go to ASA-U Advisory Service today for more information.More