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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking June. 9, 2011
ASA Networking Councils Convene Next Week
American Supply Association    Share   Share on FacebookTwitterShare on LinkedinE-mail
ASA's Networking Councils are designed to put member company employees in touch with others from around the industry who hold the same job function and who experience similar challenges and successes. Help us help you by joining the councils and lending your experience to your industry peers, while drawing support and information in exchange. Please join us for a conference call next week to plan our events for 2011 and to establish agendas for Networking Council meetings during NetworkASA 2011. More

Gene Simmons in Las Vegas — Brought to You By
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The annual Weldbend IPD Breakfast is fast becoming a can't-miss event at NetworkASA. Last year in Chicago, Hall of Fame coach Mike Ditka got lots of laughs — and two standing ovations. Weldbend has doubled-down for this year's convention at the Bellagio in Las Vegas, lining up KISS co-founder and multi-media magnate Gene Simmons as the star attraction for its breakfast at 8 a.m. Thursday, Sept. 15. What can the movers and shakers of the PVF industry possibly have in common with Simmons — a rock and roll icon who for 28 years has been "happily unmarried" to former Playmate of the Year Shannon Tweed? The answer just might surprise you. But one thing is certain: The Weldbend IPD Breakfast will be memorable. And guys, makeup is optional. Click here for more NetworkASA 2011 program details and online registration information.

Save $100 By Registering for NetworkASA 2011 Before June 15
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As a last-chance reminder, NetworkASA 2011 attendees save $100 if they register for the event prior to the early-bird registration deadline of June 15. Don't miss this opportunity to save! Complete program details, a schedule of events and online event registration can be accessed by clicking here.

I.V. Introduces New Butterfly and Ball Valve

Industrial Valco, long known for representing the top manufacturers of industrial valves and fittings has now expanded its product offering to include its own brand of "IV" valves. In the tradition of "only the best" the "IV" butterfly valve comes standard with D/I body & 316SS disc, free of external pins.

Finding Religion in ASA's OPR
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According to the blue-chip panel of PHCP and PVF distributors featured in the January and February issues of Supply House Times, measuring a business is critically important to its operation, and ASA's annual Operating Performance Report is recognized as an industry baseline that needs to be looked at religiously. "There simply is no source other than ASA's OPR for complete and accurate comparative financial performance information for and about PHCP and PVF wholesalers," said Chris Murin, ASA executive director. The OPR participation deadline has been extended until June 17, which means next week is the last chance to join the more than 100 wholesaler-distributors from across the country and throughout different industry segments that have contributed data for this study. Click here for the survey instrument.

PRODUCT SHOWCASE: Essentials of Profitable Showroom Sales©
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Mastering the Art of the Consultative Sale
Now available as a highly interactive and engaging course in ASAU Online, Essentials of Profitable Showroom Sales© provides an overview of the operational aspects of a modern wholesale distribution showroom. Teach your employees how a showroom targets its customer base, the importance of following a set of best practices and how pricing and discount decisions impact the bottom line. Critical concepts in sales, customer service and marketing complete the program.

One-Third of Employers to Drop Health Coverage After 2014
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A report recently release by consulting firm McKinsey & Co. confirms what many ASA members already know: The Affordable Care Act is anything but affordable. The consulting firm conducted a survey of more than 1,300 employers across the country, and found that "30 percent of employers will definitely or probably stop offering [employer-sponsored insurance] in the years after 2014." Among those with a "high awareness of reform," more than 50 percent will do so. Many could agree that adding more participants to the pool of covered beneficiaries might bring down costs and result in a healthier workforce, but the numbers just don't add up. ASA has responded to the concerns of its members by joining the Small Business Coalition for Affordable Healthcare, and helping to launch the Stop the HIT Coalition. To read the full report, click here.

ASA Supports Keeping Politics Out of Federal Contracting
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As many have been following, the White House has expressed a strong interest in regulating the political giving being conducted by federal contractors and small businesses. The Obama administration is considering an executive order that would mirror the DICLOSE Act, which failed to pass in the previous Congress. The order is designed to require businesses to disclose their political spending — as well as that of their officers and directors — as a condition of participating in the federal procurement process. ASA opposes this potential power grab and supports legislation recently introduced by Sen. Susan Collins, R-Maine, and Rep. Darrell Issa, R-Calif., titled: "The Keeping Politics Out of Federal Contracting Act of 2011." To read the letter of support, click here.

ASA Safety Recognition Awards: Nominate Your Company!
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ASA's Safety Committee currently is seeking nominations for industry safety recognition awards. These awards will help to elevate awareness of the importance of safety in all aspects of the PHCP and PVF industry, and also will recognize ASA members who had the lowest incident rates of non-fatal occupational injuries and illnesses in 2010. Awards will be based on OSHA 300A data, and will be presented in both manufacturer and wholesaler categories. Awards will be presented during NetworkASA 2011 at the ASA Annual Meeting & Member Lunch, to be held Sept. 14 at the Bellagio Hotel in Las Vegas. The deadline for nominations is July 15. Award application forms can be accessed by clicking here.

Manufacturing Growth to Continue at Moderate Pace
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The U.S. economic outlook continues to show modest improvement, but while the manufacturing recovery is on track, caution flags remain for the overall economy, according to the Manufacturers Alliance/MAPI quarterly economic forecast. Inflation-adjusted gross domestic product is predicted to expand by 2.7 percent in 2011 and by 2.9 percent in 2012. The 2011 forecast represents a downgrade over the previously estimated 3.2 percent growth, while the 2012 forecast is down slightly from the 3% growth anticipated in the February 2011 quarterly report. By supplying major assumptions for the economy and running simulations through the IHS Global Insight Macroeconomic Model, the Alliance generates macroeconomic and industry forecasts. More

Barclays: Copper to Surge to Record by Year's End on Chinese Demand
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Copper prices will rise to a record $12,000 a metric ton by the end of the year as China's imports rebound, said Nicholas Snowdon, an analyst at Barclays Capital in London. "The Chinese market is awakening from the destocking cycle that lasted nine months," Snowdon said June 8 at a Metal Bulletin conference in New York. "Their backyard inventories have been completely depleted. By July, we will begin to see a steady increase in imports." More

Karen Mills: Helping Small Businesses in Supply Chain as They Grow, Create Jobs
The White House    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Recently, I traveled with the President's Council on Jobs and Competitiveness to Dayton, Ohio. We were at a small company called Hooven-Dayton that prints the labels for products like Tide and Mr. Clean. Our purpose was to hear from the executives of small companies like these, which often are referred to as "suppliers" because most of their products and services are sold to larger companies. Why is this important? A recent study showed that after a small supplier lands a big purchase order or a contract from a bigger company, the small company's revenues go up 250 percent and they create about 150 percent more jobs in just two or three years. Therefore, at this critical time in our economic recovery, the small businesses in these supply chains are an important area for us to focus and build on. More

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