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Monday Morning Memo 1.27.14

Posted By Maddie Moss, Tuesday, January 28, 2014

2014 Employee Compensation Survey

Hiring and keeping good employees is essential to the profitability of your business, especially in today's economy. To achieve that goal, you must consider your overall employee compensation plan - not just your pay scales, but your benefits program as well - in comparison to other firms in distribution.

To help you evaluate your situation, NAFCD and NBMDA are co-sponsoring the 2014 Employee Compensation conducted by Profit Planning Group. Approximately 1,000 firms in 30 distribution lines of trade will be participating.

Compensation-The compensation data will be broken out into three components by position-base salary, bonus and total compensation. In addition, the range of common experience for total compensation will also be provided.

The positions to be covered include:

  • Executives-those with titles such as chief executive officer, chief financial officer, chief marketing officer and the like
  • Operating Employees-includes such positions as office manager, purchasing agent, warehouse employee and warehouse supervisor
  • Sales Employees-including both inside and outside sales reps
  • Branch Managers

Participants will receive a complimentary copy of the results in May 2014. Non-member participants will be subject to a fee for the report. Results will include information on executive compensation, employee compensation, sales commission plans, inside/counter sales policies, and benefit programs. For more information on this report, visit our website.

To participate, please click here (Excel) or here (PDF) for a copy of the survey. Once you download the survey, please mail the completed survey to The Profit Planning Group by February 28, 2014.

Save the Date for 2014 NAFCD + NBMDA Annual Convention

Exhibits: November 18-20, 2014

Sheraton Dallas Hotel

Join us for the 2014 NAFCD + NBMDA Convention November 18-20, 2014 in Dallas, TX. The NAFCD + NBMDA Annual Convention unites the top distributors, manufacturers and service providers from the floor covering, specialty building material, cabinetry and woodworking industries to network, engage, learn and grow their businesses. This is the most anticipated and highly valued distribution-focused event of the year for suppliers to gain valuable access and deepen relationships with their distributor customers.

Visit the Annual Convention Website for more information.

Trinity Logistics: The Drop Trailer Solution

We know the new FMCSA Hours of Service rules are making it tougher than ever for you to coordinate your schedule with carriers in order to load and unload freight in a timely, efficient manner. The result is late or missed appointments, crowded docks and floor space, long waits for drivers, detention fees and a generous dose of frustration for everyone involved. By implementing a drop trailer program, you can alleviate (or eliminate!) the issues caused by clogged docks and limited warehouse space. It's actually pretty simple! Read our latest blog for all the details. Interested in learning more about a drop trailer program? Email Kellie at kellie.morgan@trinitylogistics.com for more information!

Tags:  2014 annual convention  compensation survey  drop trailer program  FMCSA Hours of Service rules  profit planning group  save the date  Trinity  Trinity Logistics 

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Monday Morning Memo 1.20.14

Posted By Maddie Moss, Tuesday, January 21, 2014

Monday Morning Memo

In continuation of our efforts to increase the value of information we provide to our members, NAFCD produces this weekly Monday Morning Memo that focuses on association happenings, including upcoming events, important reminders, and member benefits.

Topics include:

Update your member profile to ensure everyone in your company is receiving their copy of NAFCD's Monday Morning Memo.

Looking for the latest industry publication news? Follow the Industry News Feed on our website!

Join us at Surfaces 2014 in Las Vegas!

Exhibits: January 28-30, 2014
Education: January 27-30, 2014
Mandalay Bay Convention Center

SURFACES is the leading floor covering industry event, bringing together thousands of retailers, distributors, installers, designers and home builders for four impressive days of face-to-face networking, education and product sourcing.

Stop by and visit us at Booth #S6101 during exhibit hall hours to learn more about what NAFCD has planned to bring you and other members in 2014. NAFCD will also be sponsoring the Distributor Lounge. Swing by and say hello!

Download Your NAFCD Member Logo

We encourage you to download the NAFCD member logo and proudly display it on your company website and in your email signature.

To download the NAFCD Member logo, please sign onto the NAFCD Website and click on the Member Only tab. You will need your member ID number and password to access this section of the website.

Tags:  download logo  logo  Monday Morning Memo  NAW  Surfaces 

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Monday Morning Memo 1.13.14

Posted By Maddie Moss, Tuesday, January 14, 2014

2014 Employee Compensation Survey

Hiring and keeping good employees is essential to the profitability of your business, especially in today's economy. To achieve that goal, you must consider your overall employee compensation plan - not just your pay scales, but your benefits program as well - in comparison to other firms in distribution.

How does your firm's employee compensation package stack up in the industry? To help you evaluate your situation, NAFCD and NBMDA are co-sponsoring the 2014 Employee Compensation conducted by Profit Planning Group. Approximately 1,000 firms in 30 distribution lines of trade will be participating.

The value of this survey is threefold:

  • The results help you determine where your compensation plan stands not only within the industry but also compared to other companies in distribution.
  • The data helps NAFCD respond to legislative proposals regarding government mandated health and leave benefits for employees.
  • The information helps companies that must prove their compensation is "reasonable" within the constraints of the Internal Revenue Code.

Participants will receive a complimentary copy of the results in May 2014. Non-member participants will be subject to a fee for the report. Results will include information on executive compensation, employee compensation, sales commission plans, inside/counter sales policies, and benefit programs. For more information on this report, visit our website.

To participate, please click here (Excel) or here (PDF) for a copy of the survey. Once you download the survey, please mail the completed survey to The Profit Planning Group by February 28, 2014.

Join us at Surfaces 2014 in Las Vegas!

Exhibits: January 28-30, 2014
Education: January 27-30, 2014
Mandalay Bay Convention Center 

SURFACES is the leading floor covering industry event, bringing together thousands of retailers, distributors, installers, designers and home builders for four impressive days of face-to-face networking, education and product sourcing.

Stop by and visit us at Booth #S6101 during exhibit hall hours to learn more about what NAFCD has planned to bring you and other members in 2014.

Download Your NAFCD Member Logo

We encourage you to download the NAFCD member logo and proudly display it on your company website and in your email signature.

To download the NAFCD Member logo, please sign onto the NAFCD Website and click on the Member Only tab. You will need your member ID number and password to access this section of the web site.

 

Tags:  compensation survey  download logo  las vegas  NAFCD member logo  profit planning group  surfaces 

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Monday Morning Memo 1.7.14

Posted By Maddie Moss, Tuesday, January 7, 2014

Meet NAFCD's Newest Benefactor - Tarkett USA Inc.

Tarkett is a global leader in innovative and sustainable solutions for flooring and sports surfaces. With a wide range of products including vinyl, linoleum, carpet, rubber, wood & laminate, synthetic turf and athletics track, the Group serves customers in more than 100 countries worldwide. With almost 11,000 employees and 30 production sites, Tarkett sells 1.3 million square meters of flooring every day, for hospitals, schools, housing, hotels, offices, stores and sports fields. Committed to sustainable development, the Group has implemented an eco-innovation strategy and promotes circular economy. Tarkett net sales of 2.3 billion euros in 2012 are balanced between Europe, North America and fast growing countries. Since January 2007, Tarkett has been jointly owned by the Deconinck family (50 per cent) and private equity funds affiliated with Kohlberg Kravis Roberts & Co. L.P. (50 per cent). Tarkett's North American headquarters are in Chagrin Falls, Ohio.

For more information about Tarkett global, please visit www.tarkett.com. To learn more about the company's North American commercial flooring solutions, including Johnsonite and Tandus Centiva, visit www.tarkettna.com and www.tandus-centiva.com.

To learn more about becoming an NAFCD Educational Benefactor, go here. NAFCD will be announcing all 2014 benefactors upon receipt of membership renewal.

NAFCD Membership Renewals

Your renewal notice have been mailed to your company's primary contact. Renew your membership to continue to take advantage of all the benefits of being an NAFCD member.

As a reminder, Distributor Members fall under a new structure that simplifies the previous offerings from five to three distributor sales volume categories and cultivates inclusiveness and independence for members. Companies that have acquired others will be able to share one membership, but will still be recognized separately as individual members. The new structure takes into consideration branches, geography and diverse product lines, and as a result, provides a greater number of individuals access to NAFCD. To learn more about Distributor Membership please visit our website.

Manufacturer Members are able to choose from several flexible packages depending on the timing of your needs. These flexible membership options have been outlined on our website. Please review each one carefully before making your selection as there are deadlines associated with each of the packages.

If you have not received your membership renewal package or have questions, please contact NAFCD Headquarters at info@nafcd.org or call us at (312) 321-6836.

Tags:  2014  Benefactor  educational benefactor  membership renewal  Tarkett USA 

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Monday Morning Memo 12.23.13

Posted By Maddie Moss, Thursday, January 2, 2014

From our team to yours, we would like to wish you a happy holiday season! As 2013 comes to a close, we want to take a moment to thank you for your help in shaping our ever-growing organization.

This year has been a banner year for NAFCD with a number of changes taking place to better serve members' needs. The most prominent include the new website/logo and our most recent convention whereby NAFCD realized record breaking attendance and table top participation! 

As we enter the New Year, please keep in mind the new membership dues structure that will take effect January 1, 2014. Invoices have been mailed to your company's primary correspondent. We thank you for your continued support and membership. We hope you have a wonderful holiday and a prosperous New Year! 

Best wishes,
The NAFCD Team

Tags:  happy holidays 

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Monday Morning Memo 12.16.13

Posted By Maddie Moss, Thursday, January 2, 2014

New NAFCD Membership Dues Structure

 

The North American Association of Floor Covering Distributors (NAFCD) would like to thank you for your continued support. Your membership is vital to the success of our organization and is sincerely appreciated. The unique blend of manufacturer and distributor members in NAFCD promotes a powerful and educated voice within the floor covering industry. In continuing to align our structure with our member's needs, we have improved both our distributor and manufacturer membership dues structures. These will be effective as of January 1, 2014.

Distributor Members
The new structure simplifies the previous offerings from five to three distributor sales volume categories and cultivates inclusiveness and independence for members. Companies that have acquired others will be able to share one membership, but will still be recognized separately as individual members. The new structure takes into consideration branches, geography and diverse product lines, and as a result, provides a greater number of individuals access to NAFCD. To learn more about Distributor Membership please visit our website.

Manufacturer Members
Our intent is to continually align membership packages to the needs of manufacturers, allowing you to customize your participation in NAFCD. As a result, we are offering several flexible packages from which to choose from, depending on the timing of your needs.

These flexible membership options have been outlined on our website. Please review each one carefully before making your selection as there are deadlines associated with each of the packages.

Should you have questions about membership dues, feel free to contact us at info@nafcd.org or call us at (312) 321-6836.

Tags:  distributors  dues structure  manufacturers  membership renewal 

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Monday Morning Memo 12.9.13

Posted By Maddie Moss, Thursday, January 2, 2014

Less-Than Truckload Shipping: Weight and Classification Tips

Many NAFCD members rely heavily on less-than-truckload (LTL) shipping to get their product where it needs to go. Unfortunately, shipping LTL can be a little bit complicated - but luckily, we're here to help you navigate through all the confusing terminology and hopefully avoid the extra fines that "guessing" can land you with!

In one of our most popular blogs of all time, we provided some pitfalls to avoid when listing the weight & classification of your shipments. Check out the blog here.

P.S. It was great meeting so many of you at the annual NAFCD conference this month! Many thanks to those of you who attended our presentation. Feel free to reconnect with Kathie Kingery or Pat Wallace if you have any further questions.

Introducing NAFCD Member Survey

Early next year, NAFCD is continuing outreach to members to learn more about your greatest needs. We are dedicated to understanding where you need help the most to grow your business. Using an independent market research firm with experience in the floor covering industry, we will be reaching out to members and asking you to participate in a comprehensive member survey.

What we learn from you will give NAFCD a chance to bridge the gaps and provide services and insight into areas where

you need assistance. Your feedback will play a vital role in establishing all components of the organization's new strategic plan. As a result of your feedback and the updated strategic plan, you can expect to see new ideas and new offerings from NAFCD later in 2014.

What can you expect?

The member survey will launch in February 2014. NAFCD Executive Vice President Michelle Miller will reach out via email with an invitation to participate. Participants will then have the opportunity to set an appointment with the market research firm - working around your schedule and providing flexibility for when you are available. The research firm will then set up a one-on-one telephone call to gather your input. We encourage you to be as candid as possible and to speak from the perspective of your business. All responses you provide will be anonymous. Watch for your email invitation this February.

NAFCD Membership Renewals Have Begun

As a reminder, all NAFCD memberships expire on December 31, 2013. Your renewal notice are being mailed to your company's primary contact this week. Renew your membership to continue to take advantage of all the benefits of being an NAFCD member.

Membership with NAFCD allows you to have access to:

Speaker presentations from the 2013 Annual Convention
The highly rated educational presentations offered at this year's Convention featured an impressive roster of though leaders. Topics covered included leadership improvement, economic trends, and developing a culture of accountability.

Economic Outlook Reports
Produced by ITR Senior Economists, the NBMDA & NAFCD Economic Outlook Report correlates macroeconomic data to specific product categories directly related to the building material industry. The report allows you to forecast what effect the economy has on your business and what you can reasonably expect for up to six quarters in the future.

Quarterly Executive Trends and Industry Research
NAFCD has partnered with Cleveland Research to provide you with the NAFCD Quarterly Executive Trends Index. The report is based on member data submission and provides valuable benchmarking and forecasting data. You can compare the results of your company with key trends identified by your fellow NAFCD members.

NAFCD Membership Directory
The online NAFCD Member Directory is the most up-to-date listing of more than 1,000 industry professionals from hundreds of floor covering manufacturers, distributors, and allied members. Updated daily, this directory has a quick, easy-to-use search engine that allows you to locate other members' areas of expertise, companies, and contact information (and makes it easy for other members to find you!).

Tags:  member survey  members  membership renewal  trinity  Trinity Logistics 

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Monday Morning Memo 12.2.13

Posted By Maddie Moss, Thursday, January 2, 2014

Download Your NAFCD Member Logo!

We encourage you to download the NAFCD member logo and proudly display it on your company website. Membership with NAFCD showcases your companies commitment to growth of the floor covering industry and connects with business partners across the country.

To download the NAFCD Member logo, please sign on to the NAFCD website and click on the Member Only tab. You will need your member ID number and password to access this section of the web site.

While your there, check out all of the exclusive members-only content available to you here including:

Registration Now Open for UID 2014

March 9-12, 2014
JW Marriott

Indianapolis, IN

Join fellow managers March 9-12, 2014 in Indianapolis at the University of Industrial Distribution. For 20 years, the University of Industrial Distribution (UID) has provided education focused on the needs of wholesale distribution professionals and companies. With its concentrated three-day format, UID has helped increase the effectiveness of hundreds of NAFCD member employees. Best yet, NAFCD is a sponsoring association, so you save $1,000 per person on registration fees.

Don't Wait to Register

The most popular courses tend to fill up early because courses are selected at registration. Even though the early registration discount ends on January 15, we strongly recommend you register before then to guarantee your seat in the courses that are most valuable to you. There are two easy ways to register:

Tags:  2014  logo  NAFCD logo  UID  university of industrial distribution 

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Monday Morning Memo 11.25.13

Posted By Maddie Moss, Monday, December 16, 2013

2013 Annual Convention Wrap Up

We would like to thank you for helping to make the 2013 NAFCD + NBMDA Annual Convention one of the best yet! With over 160 distributors and 200 manufacturer companies represented, the convention was a huge success, and your attendance and participation made it all possible.

If you haven't already, be sure to share your thoughts and help us make future conventions even better by taking the 2013 NAFCD + NBMDA Annual Convention Survey. Tell us what you enjoyed best and how we can make the event even more valuable for you and your company in the years to come.

Speaker Presentations Available for Download

All speaker presentations from this year's convention are now posted for you to share with your colleagues (login required). The presentations available for download include:

Looking for more?

Brian Beualieu of ITR and Mark Herbek of Cleveland Research offer NAFCD members bonus content throughout the year.

  • Brian Beualieu, ITR: Download the complete Q3 Economic report his presentation outlined, along with quarterly data for the rest of 2013 and beyond.
  • Mark Herbek, Cleveland Research: Follow up Mark's session with the Fall 2013 NAFCD + NBMDA Executive Quarterly Index or search through our database for industry specific trend research on home centers, residential construction, non-residential construction, industrial distribution and other related topics.

And of course, mark your calendars for the 2014 NAFCD + NBMDA Annual Convention to be held in Dallas, Texas from November 18-20.

 

Tags:  Cleveland Research  convention video  convention wrap up  ITR  presentations  speakers  trends 

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Monday Morning Memo 11.18.13

Posted By Maddie Moss, Monday, December 16, 2013

Registration Now Open for UID 2014

March 9-12, 2014
JW Marriott

Indianapolis, IN

Register your managers for the 2013 University of Industrial Distribution

Download the brochure for 2014 course details

For 20 years, the University of Industrial Distribution (UID) has provided education focused on the needs of wholesale distribution professionals and companies. With its concentrated three-day format, UID has helped increase the effectiveness of hundreds of NAFCD member employees.Best yet, NAFCD is a sponsoring association, so you save $1,000 per person on registration fees.

Don't Wait to Register
The most popular courses tend to fill up early because courses are selected at registration. Even though the early registration discount ends on January 15, we strongly recommend you register before then to guarantee your seat in the courses that are most valuable to you. There are two easy ways to register:

Who Attends UID?
UID is designed for all personnel working in the wholesale distribution channel, including: 

  • Distributors
    • All manager-level personnel: sales, marketing, branch, operations, purchasing, inventory and human resources
    • CEOs
  • Manufacturers
    • Personnel working with national distribution channels
    • Anyone looking to improve personal performance and/or the company's bottom line!

Did You Miss These Speakers?

Revisit the presentations of some of the outstanding speakers from this year's convention, and share them with your colleagues. Log in to the NAFCD website to download presentation from:

We hope to see you next year at the 2014 NAFCD + NBMDA Annual Convention in Dallas Texas, November 18-20!

Tags:  bill benjamin  Brian Beaulieu  Mark Herbek  Sam Richter  Scott Thomas  speakers  trends  UID  university of industrial distribution 

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2018 NAFCD Annual Convention