ASA Insights
May. 21, 2015

ASA Young Executives Meet in Charlotte
American Supply Association
This past week, 135 of ASA's Young Executives met in Charlotte, North Carolina, for the group's Annual Spring Forum. 2015 was once again a record-breaking Spring Forum attendance year for one of ASA's fastest-growing divisions. Thanks to Apollo Valves for sponsoring the event and for inviting the group to tour its Pageland, South Carolina, manufacturing facility (right). Spring Forum presenters included New York Times best-selling author Steve McClatchy, Bank of America Global Head of Human Resources Andrea Smith and Apollo's Glenn and Cal Mosack. Click here for more information.More

Southwest Central Distributors Kickoff 2015 Programs
American Supply Association
ASA's new Region Southwest Central Distributors launched it's 2015 programming with a high-energy session entitled "Sell to Win by Advancing Your Ability" with speaker Dirk Beveridge (right) in Denver, Dallas and Houston. Six education and six networking sessions will be offered at the local level throughout the region along with a ASA Showroom Managers Meeting June 10-11 in Dallas. This is part of ASAs commitment to bring added value to the local level. Click here for more details.More

Distributor Performance Remains Varied by Region, Segment
American Supply Association
ASA member wholesaler-distributors reported a median sales growth of 6.3% for the month ending April 30, 2015, compared to the same month last year. Calendar year-to-date, all respondents reported a median sales increase of 7.2%, and the median increase for the trailing twelve months is 5.2%. Inventory rose 3.6% compared to a year ago, and the median three-months average days' sales outstanding edged up to 45.3 days. Nearly 54% of the respondents reported an increase in gross margin percentages, and company YTD profit before taxes increased for over 55% of the total sample. Two-thirds of respondents reported having more Full-Time Equivalent employees compared to a year ago. More

Pair of Industry Groups Assemble in Washington
American Supply Association
Last week, two groups that ASA is proud to align with convened in Washington to discuss policy issues related to water and energy. The Plumbing Industry Leaders Coalition comprised of trade groups representing manufacturers, distributors, engineers, plumbers and codes professionals met for its annual daylong gathering. The following day, ASA took part in the Energy Equipment and Infrastructure Alliance along with produces, refiners, laborers and other beneficiaries of energy developmentMore

Bipartisan Legislation to Unlock America's Energy Potential
ASA Industrial Piping Division
U. S. trade policy represents one issue where the Democratic White House and Republican-controlled Congress generally agree. However, the tragedy of U.S. embargo policies in place since the 1970s has sped up the process of dismantling the previous growth intensity of hydraulic fracking. But just last week, the bipartisan bill, S. 1312, was introduced by Senate Energy and Natural Resources Committee Chair Lisa Murkowski, R-Alaska, and Senator Heidi Heitkam, D-North Dakota, to lift the decadeslong restrictions on U.S. exports of crude oil. In the current issue of PVF Outlook magazine, the quarterly publication for the end-user from ASA's Industrial Piping Division, an analysis suggests how lifting the embargo would greatly contribute to expanding the U.S. economy. More

EEIA Releases Study on Job Projections if Export Ban is Lifted
American Supply Association
If an ASA supported repeal of a ban on crude oil exports is achieved, more jobs, greater investments and increased energy production could be realized. A new report commissioned by the Energy Equipment and Infrastructure Alliance shows that and more.More

Advance Your Opportunities at Network2015
American Supply Association
Network2015 is the place where the leaders and decisions-makers in the PHCP and PVF industry meet to network, build relationships and hear from headline speakers and industry experts. From last year to this year's event, we have doubled the number of educational sessions - from Forecasting to Disaster Preparedness. All sessions will provide you with immediate takeaways to apply in your daily business routine. How about an immediate takeaway TODAY? Register by June 15 and save $100! Don't leave money on the table. Visit www.asa.net/network2015 to be part THE INDUSTRY EVENT and take advantage of cost savings at the same time. More

Are you Ready to Take your Training to the Next Level?
American Supply Association
The Master of Distribution Management Program is here to help guide employees to take the necessary steps to become the ultimate leader for an organization. The program is a first of its kind Master's Certification Program with 100% industry focused, comprehensive and multiformat education. Already have years of experience? Try the MDM Fast Track and be on your way to receiving your MDM Certification within a year. There are 12 spots left for the 10% discount off of the MDM Program. Don't miss out! Register today!More

Driving Designer Business to Your Showroom
American Supply Association
Are you looking for ways to draw designer business to your showroom? This is one area of the marketplace that always seems to be the most challenging. The good news is, it can also be the most REWARDING! ASA has an event coming soon in Dallas entitled “Driving Designer Business to Your Showroom”, which features a panel of wholesaler-distributors, designers and manufacturers that will be discussing this very topic. This event addresses the challenges, misconceptions and tactics towards getting a designer across the threshold to visit YOUR showroom. Presented by ASA's Showroom Managers Networking Council, this event is targeted at ALL individuals within your company – owners, managers, sales personnel - and anyone else who’s mission it is to get people through the front door or your showroom. Advance your ability and JOIN US at this valuable and timely industry event. Register today by clicking here, or phoning Ruth Mitchell at the ASA office 630-467-0000 ext 210.More

Gross Sales is for Vanity; Profit is for Sanity
Wholesalers Association of the North East
All of us hear lots of talk about top line revenues, big sales and big numbers, but where does the rubber really meet the road? We pay our bills and line our pockets with profit, not sales. If you're responsible for setting pricing direction, then WANE's 2015 Executive Leadership Conference on June 17-19 in Annapolis is for you. Jason Bader will talk about driving a culture of profit in your organization. It starts with educating the team about how money works and continues with proven margin enhancement strategies. From raising prices to reducing expenses, you'll get the tools your people need to unlock significant improvements in gross margin and ultimately net profit. Register by June 1.More

Read the Latest from Morris Beschloss on USA Today
American Supply Association
This week's news: Saudi Arabia Expands Refineries as OPEC Disintegrates (The Desert Sun)

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