ASA Insights
Sep. 25, 2014

Key Industry Group Releases Study on Growth in the Energy Supply Chain
American Supply Association
The Energy Equipment and Infrastructure Alliance, which ASA is a member, released a report this week highlighting the broad reach of the energy supply chain and what it could achieve if we improved our energy policy. Specifically, from 2012 to 2025, energy supply chain jobs grow by almost a quarter of a million, from 524,000 to 757,000, jobs paying nearly 18% above the nation's median wage. As the report states "Oil and gas operators in the upstream, midstream, and downstream sectors share a symbiotic relationship with their immense network of suppliers. Suppliers benefit from the enormous investment required for the exploration, production, processing, and transport of oil and gas resources. And it is the suppliers of materials, capital equipment and services that complete the virtuous circle by enabling operators to commercialize otherwise inaccessible hydrocarbons." To read the full report, click here. Additional information can be found here and here.More

UID's Next 20 Years Begins Now!
American Supply Association
The University of Industrial Distribution, a renowned educational program focused on serving the unique needs of the wholesale distribution industry, recently announced that it has officially changed its name to the University of Innovative Distribution. Founded in 1994, UID is sponsored and managed by 35 leading industry trade associations and has served over 9,000 attendees in its 21 year history. A new UID logo and message — "Educating the Supply Chain" — has been created to reflect the new name.More

It's Time to Think Different
American Supply Association
"If you are a wholesale distribution business looking for ways to implement new ideas, or looking for the catalyst to change gears from the status-quo, the innovation summit certainly would benefit from the mountains of great material provided at the event," says Mike Miazga, editor of Supply House Times. And if you are ready to innovate, you have to check out this amazing lineup of speakers and video that will stir you to think differently. More

Read the Latest from Morris Beschloss on USA Today
American Supply Association
This week's news: Does Drop in Mortgage Refinancing Volume Indicate Interest Rate Bottoming? (The Desert Sun)

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

Four Suppliers Merge to Launch SupplyTime.com
Industrial Distribution
Known for delivering personalized service through highly efficient websites that serve a number of industries, Consumers Interstate Corporation has launched SupplyTime.com — a one-stop online portal providing customers with toilet paper, cleaning and janitorial products, industrial tools, cafeteria supplies, office products, packaging supplies and safety gear. The recent launch merges four favored suppliers into a single online resource complete with the company's noteworthy personal support and expertise, allowing customers to purchase from trusted brands like Toilet Paper World, Cleaning Products World, Office Products World and Safety Products World.More

Jack Keough: ICP Helps High School Students on Right Distribution Path
Industrial Distribution
In almost every survey in which distributors are asked to identify their biggest concerns, the answers include the challenge of finding qualified people. Our industry is a mature one, and careers in industrial distribution have been described as the world's best-kept secret. Some colleges offering industrial distribution programs and classes have seen growth with most of their graduates receiving multiple job offers.More

DOE Expands Initiatives to Support US Manufacturing, Energy Productivity
Natural Gas Intelligence
In its continuing effort to support President Barack Obama's goal of doubling energy productivity by 2030, the Department of Energy said it is expanding the Clean Energy Manufacturing Initiative to support the American manufacturing sector and launch the Accelerate Energy Productivity 2030 initiative. The DOE said by advancing the development of innovative manufacturing technologies, investing in substantial energy efficiency upgrades at production plants across the country and training U.S. workers for the advanced manufacturing jobs of tomorrow, the government agency is helping make the domestic manufacturing sector even stronger in an intensely competitive global market.More

Steel Prices Gap Currently Bucking Conventional Wisdom
Pittsburgh Post-Gazette
A near-record gap between high U.S. steel prices and the low prices being seen in every other part of the globe has analysts wondering if someone rewrote a basic law of economics. Conventional thinking dictates that the spread in prices should narrow as the higher-priced U.S. market attracts imports of lower-priced foreign steel. More