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November 9, 2017

 
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Harvey's Impact on Petrochemical Industry More Subdued
ASA Materials Market Digest©
Hurricane Harvey’s impact on the petrochemical industry has sent most plastic resin prices higher as expected, but surprising is that the impact has been more subdued than expected. According to PetroChemWire, PVC resin prices did rise in October but not as much as suppliers had hoped for. Ethylene prices rose but did not skyrocket, and resin supplies recovered faster than expected after the storm. As a result, PVC pipe prices have remained basically stable and are expected to hold steady at least through Thanksgiving. Visit MY ASA for the latest and archived installments of ASA’s Materials Market Digest©.
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Another Successful Year for Operation Rise & Conquer
American Supply Association
The Adaptive Sports Center’s Operation Rise and Conquer Program provided veteran participants with instruction and adaptive equipment for winter and summer outdoor adventure activities in and around Crested Butte. Thanks in large part to the support of the American Supply Association (ASA), the ASC was able to successfully serve 68 unique veteran participants, including their friends and families, in 663 activities, or more than 1,500 hours of outdoor therapeutic recreation.
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Supply House Times Supply House of the Year 2017: Dakota Supply Group
Supply House Times
100-2-200. To Fargo, N.D.-based Dakota Supply Group, those numbers represent the trifecta of superior customer service. And if you work at the employee-owned distributor, odds are you will walk by a poster with those numbers on it multiple times during the day across DSG’s 37 branches in 34 separate physical locations throughout the upper Midwest states of the Dakotas, Montana, Minnesota and Wisconsin. The 100 stands for 100% order accuracy, meaning the customer will get exactly what they ordered and the peace of mind that comes with it.
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Acquisition of Shurjoint Industries
Conbraco
The Shurjoint grooved connection technology will play an integral part in completing the total end-to-end connection capabilities of “Apollo” Flow Controls. This integration allows us to offer the most extensive and complete portfolio of connection and flow control devices of any other brand in North America. Additionally, this allows us to service a global market and expands our manufacturing capabilities into other geographies around the world. More
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IRS Provides Extensive New Guidance on Qualified Small Employer Health Reimbursement Arrangements
SESCO Management Consultants
The Internal Revenue Service (IRS) has issued guidance on the requirements for providing a qualified small employer health reimbursement arrangement (QSEHRA), the tax consequences of the arrangement, and the requirements for providing written notice of the arrangement to eligible employees. The guidance covers eligible employers and employees, the "same terms" requirement, the statutory dollar limits, written notice requirement, the minimum essential coverage requirement, reimbursements, reporting, and coordination with the premium tax credit and health saving account requirements. The guidance applies for plan years beginning on and after November 20, 2017.
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UPCOMING WEBINAR

Best Practices in Sales Compensation
Join us on Thursday, November 30th at 10:00AM Central for this free webinar on Best Practices in Sales Compensation brought to you by ASA Women in Industry. Andrew Horvath and Ann Marie Verhamme are Certified Sales Compensation Professionals from Alexander Group, and they will be the presenters for the webinar. There are three main areas they will be covering during the webinar:
  • The Importance of Sales Compensation
  • Sales Compensation Diagnostic
  • Call to Action and Q&A
REGISTER NOW

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SPONSORED CONTENT


ASA-U ONLINE COURSE OF THE WEEK

Complete Basco's 'Top Selling Basco Products for 2017' By November 30, 2017 and You Could Win $50!
Take advantage of this limited time offer to learn the latest Basco content — complete on your time, when it's convenient for you! Click the link below to enroll in “Top Selling Basco Products for 2017.” Launch and complete this module in its entirety by November 30, 2017, and you’ll automatically be entered to win a $50 VISA gift card!

Click here to access the course now! “Top Selling Basco Products for 2017”

THIS PROMOTION ENDS NOVEMBER 30, 2017. Winners will be notified by email by December 15, 2017.

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.  PRODUCT SHOWCASE
NOW IN STOCK

Trenton Pipe Nipple Company, LLC is pleased to announce the addition of stainless steel flanges to our product offering. Trenton Pipe now stocks high quality forged stainless-steel flanges in class 150 - 300 in accordance to ANSI B16.5 grades 304 and 316, the size ranges from ½” to 8”.


Preparing for the Challenge Ahead



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Registration is Now Open!
University of Innovative Distribution
The University of Innovative Distribution is a concentrated educational program focused on the unique needs of the wholesale distribution industry. 2018 marks the 25th 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 of Purdue University. Working together, these groups take great pride in providing a superior learning experience. REGISTER NOW
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Read the Latest from Morris Beschloss
American Supply Association
This week's news: Will Venezuela Sanctions Benefit US Oil Refiners?

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

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.  PRODUCT SHOWCASE
Model 4992 Close Quarters Cutter
Meet our New Model 4992 Standard features:
• Cuts ¼” – 2-3/8” non-ferrous tube and plastic pipe and tube
• Cuts thin wall material like traps and tail pieces with no distortion
• Great for under vanities, close to walls, waste and overflows
• Eliminates sawing which can loosen joints
• Check out these enhancements!!
Learn More


You're Crazy-Busy Scaling Your Company's Growth, Right? Are You Also Scaling its Culture?
Entrepreneur
Growth is one of the top concerns of new businesses. As a startup, you want to scale your business and find success. It can be tempting to focus solely on your business strategy and leave culture in the dust. But culture isn’t something you can put off or avoid. Culture needs to scale and grow along with your company.

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

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8 Important Factors of Fleet Safety
Industrial Distribution
Vehicle fleets are an essential part of the manufacturing and transporting process of nearly every industry. They can also be one of the biggest sources of job-related danger and injury if not handled properly. To prevent injury and property destruction, what are the eight most important factors of fleet safety, and how can you implement them in your own fleet? 1. Identify Drivers. First, it’s essential to identify and hire the safest drivers. Drivers with good motor vehicle histories are often the best choice, but it’s also essential to actively monitor their driving habits and behaviors.
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ASA Insights
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Colby Horton, Vice President of Publishing, 469.420.2601
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Bianca Gibson, Executive Editor, 469.420.2611   

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