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ASA Home   Membership   Education   Advocacy   Networking   Business Intelligence   April 30, 2015

 
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Move Now to Finance Equipment Purchases, Working Capital & Market Expansions
ASA Advisor©
Banks are willing to lend, but with upward macroeconomic pressure on rates and increasing regulatory pressure on costs, businesses need to move now to finance the equipment purchases, working capital needs and market expansions necessary to take maximum advantage of a growing economy over the next few years. According to the most recent Senior Loan Officer Opinion Survey conducted by the Federal Reserve, the number of banks tightening lending standards for Commercial & Industrial loans continued to fall, indicating that banks have funds they wish to lend. Look to your production and distribution processes. Can they handle three years of increasing activity? Consider borrowing funds to expand your abilities in current markets and to fund moving into new markets while rates are low and credit is available. Log in to MY ASA to access the latest report.
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Integrate Millennials into Your Workplace
Industrial Careers Pathway
A recent article by Lindsey Pollak, a millennial workplace expert, covered some simple steps that employers can take in order to successfully incorporate millennials into their workplace. Knowing there will be generational differences between your current employees and incoming millennial employees, executing these steps might help make the process smoother: encourage millennials to observe other employees in action, cultivate an open and honest work environment and encourage co-mentoring between generations.
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Women Challenged to Lead at 2015 Spring Conference
American Supply Association
The 2015 ASA Women in Industry Spring Conference was a unique opportunity for women engaged in building a career in the PHCP and PVF industry. They got to network and hear from dynamic speakers and subject matter experts on issues of importance to women. Nearly 80 women from all facets of the industry met in Washington, D.C., with the focus on connecting with other women developing successful careers in the industry. Making connections to help advance their careers was one of the goals of the conference, but other focuses of the conference were to empower, inform, educate and engage the attendees through thought provoking educational sessions and speakers.
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SPONSORED CONTENT


The Science & Art of Middle Management Performance
Wholesalers Association of the North East
Are your middle managers ready to take your company to the next level? Most are not prepared to operate in today's extremely challenging business environment characterized by economic volatility, future uncertainty, increasing complexity and market ambiguity. To meet the demands of present and future challenges and convert those challenges into real results improvement, we must master the science and art of middle management performance. Register now for WANE's 2015 Executive Leadership Conference on June 17-19 in Annapolis, and learn how they can be the change drivers for your business.
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Hire Committed and Hardworking Individuals
American Supply Association
Hiring Our Heroes, a program of the U.S. Chamber of Commerce Foundation, is a nationwide initiative to help veterans, transitioning service members, and military spouses find meaningful employment opportunities. With ASA's growing career development program, we have become a sponsor of the initiative and we encourage our members to display their companies at the hiring fairs provided by the initiative. ASA has also pledged to help the Chamber reach its goal of hiring 500,000 vets by committing to help hire 1,000 in the PHCP & PVF Industry. ASA CAREERS
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PRODUCT SHOWCASE
  Cast Iron Soil Pipe and Fittings

AB&I Foundry manufacturers cast iron soil pipe and fittings for storm and sanitary DWV plumbing systems. A US business built on RELIABILITY since 1906 and products with unsurpassed performance and durability. Integrity and Reliability – That’s the AB&I way. Visit AB&I Foundry.com or call (800) GOT-IRON. Free Catalog.
 


ASAU ONLINE COURSE OF THE WEEK

    Inside Sales – The Expanded Role
Essentials of Profitable Inside Sales in Distribution© provides critical knowledge and skills training for inside sales professionals who want to improve their performance and profitability. It provides a real-world, in-depth, but highly understandable explanation of the expanded role of inside sales. In this expanded role, the inside sales professional takes more responsibility for generating sales and making sure that sales are profitable. The course provides a solid grounding in the basics of profitable sales, exceptional customer service, effective communication, and key business values and skills. READ MORE



I AM ASA

    "ASA has a hand in everything from government advocacy to training employees in our industry. I believe it's important to support this organization and the industry that we participate in." – Rick Giannini, Milwaukee Valve Co.
Share your 'I AM ASA' with us!





UPCOMING WEBINAR

    Finding the Balance: Inventory Turns and Customer Service
Everyone is looking for ways to shore up their cash flow. While some may turn toward reducing headcount, others will look for reductions in inventory. Why not? Inventory is typically the largest asset in a wholesale distribution company. While prudent inventory reductions are always beneficial, we don’t want to throw the baby out with the bathwater. We must recognize that we are sales organizations first and foremost. Presented by Jason Bader, The Distribution Team, participants will learn how to reduce inventory without alienating their loyal customer base. Distributors will learn how to analyze customer needs and make adjustments to their inventory investment. Even in tough economic conditions, we can provide superior customer service through prudent inventory management decisions. Join us for this FREE webinar May 13, at 1 p.m. Central. REGISTER NOW





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ASA University Now Offers FREE Manufacturer Training
American Supply Association
ASA University is providing Manufacturer training free to ASA's Distributor Members only! Just log in to ASA University and pick the Manufacturer training that is right for you – For FREE! Currently we have training from InSinkErator, IPS Corporation and Sloan, with more to come soon! View the courses now!
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Read the Latest from Morris Beschloss on USA Today
American Supply Association
This week's news: Will New EPA Regulations Block Fracking Expansion? (The Desert Sun)

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

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Training Increases Employee Retention
Training
Joe Lipham, a training account manager for Signature Worldwide, writes: "I thought I had hired the perfect person for the front desk. She was bright, articulate and eager to learn the hotel business from the ground up. She was going to be my front desk star. I arranged an interview with the front office manager and she agreed: star material! Imagine my surprise and disappointment when two weeks later my new star was in my Human Resource director’s office offering her resignation."
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Port Truck Drivers Strike against Four Companies
Los Angeles Times
Some truck drivers who haul goods from the ports of Los Angeles and Long Beach walked off the job April 27, launching a protest against four trucking firms they accuse of wage theft. Picket lines went up outside the trucking yards of Pacific 9 Transportation, Intermodal Bridge Transport, Pacer Cartage and Harbor Rail Transport, said Barb Maynard, a spokeswoman for the Teamsters union, which is supporting the truckers
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Does Maturity Really Matter in Leadership?
By Betty Boyd
Maturity is usually relegated to those individuals who are considered wise and sage. Maturity does not always mean you are of a certain age. Most people view someone that not only is mature but also has a position. Leadership expert John Maxwell relates, "Leadership is a process, not a position." Here are four tips on how maturity does matter regardless of your age in being a leader.
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The Impact of Social and Regulatory Compliance on the Supply Chain
SupplyChainBrain
Susan Parker, director of purchasing and logistics with Kenmark Eyewear, defines the essentials of social and regulatory compliance, and describes how companies can achieve excellence on both fronts. Social compliance deals with "the health and human services of the workers who produce your goods," says Parker. Her job is to travel to factories and ensure that the workers making product for Kenmark are being well cared for.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Don't Call Us, We'll Call You (American Supply Association)
2015 Legislative Fly-in: An Overwhelming Success (American Supply Association)
Take Your Leadership Skills to the Next Level (American Supply Association)
Total Cost of Ownership: The Challenge of Effective Supply Chain Management (By Frank Wilhelm)
How to Help Employees Embrace New Technology (HartfordBusiness.com)

Don't be left behind. Click here to see what else you missed.


 

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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