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Monday Morning Memo 11.03.14

Posted By Alison Chludzinski, Monday, November 3, 2014

NAFCD Announces Strategic Alliance with Insperity

In an ongoing effort to provide members of the floor covering distribution channel with the resources necessary to effectively operate their businesses, the North American Association of Floor Covering Distributors (NAFCD) is pleased to announce a strategic alliance with Insperity®.

 

NAFCD members will have access to numerous Insperity products and services that will help member companies run better, grow faster and make more money, including:

  • Workforce Optimization®
  • Human Capital Management
  • Payroll Services
  • Time and Attendance
  • Performance Management
  • Organizational Planning
  • Recruiting Services
  • Employment Screening
  • Financial Services
  • Expense Management
  • Retirement Services
  • Insurance Services

For more information about NAFCD's alliance with Insperity, www.nafcd.org/Insperity.

 

NAFCD 2014 Profit Analysis Report

 

The 2014 Profit Analysis Report provides detailed financial results for participating firms in the floor covering distribution business. Results presented in the report are based on income statement, balance sheet and operating data supplied by 22 firms. Based on before tax return on assets (ROA), 7 of the 22 participants fell into the High-Profit category. The tables and graphs in the report are designed to provide a comprehensive but straightforward analysis and comparison of profitability among these firms.

 

Purchase and view the full PAR report here.

 

NAFCD Welcomes New Member

LaCrosse Flooring

LaCrosse Flooring is the value added division of a fully integrated hardwood manufacturing company that processes the timber into logs, saws the lumber, dries lumber and then makes the flooring. Complete control of the raw material supply assures buyers of LaCrosse hardwood flooring a consistency in color, texture and availability unmatched by other North American plank flooring manufacturers .

 

Did You Know NAFCD Offers...

 

Get the Most Out of Your Annual Convention Experience!

The 2014 NAFCD Annual Convention is a great opportunity to connect one-on-one allowing for in-depth conversations about current products and future offerings. As an attendee, we encourage you to schedule meetings with your current and potential trading partners now. Use this handy appointment scheduler and view the list of attendees (login required) to reach out and find a time that works for both of you during the event.

 

Tags:  2014 Trends  annual convention  Insperity  Monday Morning Memo  nafcd  nafcd + nbmda annual convention  New Member  PAR  Profit Analysis Report 

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Monday Morning Memo 7.28.2014

Posted By Maddie Moss, Monday, July 28, 2014

2014 NAFCD Leadership in Action and Lifetime Achievement Award Nominations


NAFCD is now accepting nomination submissions for the 2014 NAFCD Leadership in Action and Lifetime Achievement Awards.

 
Has one of your colleagues made significant contributions to the floor covering industry? If so, be sure to take advantage of the opportunity to recognize them with one of the two NAFCD awards. All nominations must be submitted for consideration by September 1, 2014.

NAFCD Leadership in Action Award
The Leadership in Action Award recognizes individuals for the positive impact and meaningful contributions that they have made to their company's success. This is an opportunity to highlight a future leader within your company.
 
Submit qualified candidates for the 2014 NAFCD Leadership in Action Award.
 
NAFCD Lifetime Achievement Award

For exceptional leadership or outstanding contributions that have led to expanding the vision of the floor covering distribution industry, this award is presented to any individual that meets the criteria, regardless of membership in NAFCD.
 
Submit qualified candidates for the 2014 NAFCD Lifetime Achievement Award.
 
Award winners will be announced at the 2014 NAFCD + NBMDA Annual Convention, taking place November 18-20, in Dallas, Texas.

 Additional details for each are available on our website.

NAFCD Welcomes New Member Tramex

Tramex is the international leader in the design and production of Moisture Meters, with a reputation for the highest standards in quality and innovation.

Tramex
Main Contact: Ronan Carrigy
Email: ronan@tramexmeters.com
Phone: +353-1-681-4450
Location: County Wicklow, Ireland

Tags:  Awards  New Member  Tramex 

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Monday Morning Memo 7.21.2014

Posted By Maddie Moss, Monday, July 21, 2014

Access the Q2 Distributor and Manufacturer NAFCD Quarterly Executive Trends Index

The Q2 2014 NAFCD Quarterly Executive Trends Index is now available.

•    View the Q2 distributor executive summary
•    View the Q2 manufacturer executive summary

The NAFCD + NBMDA Distributor Executive Trends Index shows three key points:

1.    Slightly better sales growth versus Q1
2.    Slightly reduced 2014 sales growth outlooks
3.    Continued solid profit gain forecasts for 2014

The results of the survey show that 2014 looks to be on pace for another year of sales and profit recovery for both building materials and floor covering distributors, even though not likely to the same level of progress in 2013. Login to the website to view the full Q1 distributor report.
 
The NAFCD + NBMDA Manufacturer Executive Trends Index shows that respondents are gaining increased confidence in underlying demand trends with more than 50 percent of manufacturers adding headcount in the near-term and nearly 80 percent expected to add distributors over the next 12 months. Manufacturers experienced stronger sales growth in April, May and June relative to the weather impact in Q1.

Remember to take advantage of all the exclusive industry reports and research available to you as an NAFCD member. Visit the Members Only section of the website to access more reports, username and password required.


NAFCD Welcomes New Member FSTR Technology

FSTR Technology brings the latest developments in polymer technology to the construction and maintenance market. New breakthroughs in "green" polyurethanes allow FSTR Technology to produce better products with improved performance using renewable materials.






FSTR Technology
Main Contact: Daniel Goossens
Email: dgoossens@fstr-tech.com
Phone: 651-717-4386
Location: South St. Paul, MN

Tags:  2014 Trends  cleveland research  FSTR Technology  NAFCD Quarterly Executive Trends Index  New Member 

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Monday Morning Memo 6.2.14

Posted By Maddie Moss, Monday, June 2, 2014

The Spring 2014 NAFCD Economic Outlook Report

Forecast what effects the economy will have on your business with the Spring 2014 NAFCD Economic Outlook Report, compiled by the Institute for Trend Research (ITR). The Spring report details the slowing growth in Industrial Production from its current 3.1% rate to 2.7% at the end of 2014. Additionally, the labor market is gaining momentum and nonresidential construction is recovering from the overbuilding of prior years. View the full report to learn more about these economic forecasts and how they will effect your business. This quarterly report grants you access to the latest updates on the U.S. macroeconomic climate, with numerous economic data points critical to your business. From business cycle updates to production and growth indexes, the data you receive will keep your finger on the industry pulse, and equip you to make more informed sales and strategic plans in the coming months.
 
To view all past NAFCD Economic Outlook Reports, visit the Members' Only section of the NAFCD website. Remember to take advantage of all the education, industry reports and resources available to you as an NAFCD member. 

NAFCD Welcomes New Member INVISTA

INVISTA is a global company creating value for our customers and shareholders across a portfolio of advantaged intermediate chemical technologies, high performance polymers, and differentiated fiber and other downstream products.

INVISTA
Main Contact: Steven Ehrlich
Email: steven.b.ehrlich@invista.com
Phone: 770-420-7700
Location: Kennesaw, GA

Are You Ready for Health Care Reform?

Mark your calendars for this "don't-miss" webinar on Health Care Reform (HCR) and what the law means for you and your affiliate businesses. Receive the insight and knowledge needed to manage your evolving health care options during the health care reform webinar taking place Thursday, June 19, 2014 from 1:00 p.m. - 2:00 p.m. CST. Register Today!

Prior to the webinar complete the Pulse Check™ Health Care Reform Assessment Tool, to identify resources to help fill the gaps in your HR needs. This webinar will cover penalties that could affect your business, how market reforms are changing the small group health insurance scene and more.

Tags:  Health Care Reform  Institute for Trend Research  INVISTA  ITR  NAFCD Economic Outlook Report  New Member 

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Monday Morning Memo 5.27.14

Posted By Maddie Moss, Tuesday, May 27, 2014

2014 Annual Convention Speaker Spotlight Highlights 

The 2014 NAFCD + NBMDA Annual Convention speaker line-up features thought leaders who will share their expertise on economic trends, innovative thinking, generational differences, trends in the building product supply chain and work-life engagement.

Alan Beaulieu
Years of Calculated Opportunity

This session will cover a wide variety of topics including short- and long-term global economic forecasts, regional economic updates, an outlook on inflation, and the relationship of political events and economic growth. Alan details what economic indicators executives should follow and provides proven strategies for leveraging economic forecasts at the company level.

Learn more about Alan Beaulieu.

 

NAW Spring 2014 Government Relations Update

The latest legislative update from NAW is now available to NAFCD members. This benefit is made possible through membership with NAW. This report updates members on government legislation that could potentially impact their business. Read the full report to receive an update on the long-term fiscal crisis, health care reform, marketplace fairness, paycheck fairness, OSHA reform and more.
 
View the full report here. Remember to take advantage of all the education, industry reports and resources available to you as an NAFCD member. 

NAFCD Welcomes New Member D&M Flooring

D&M Flooring has successfully become one of the leading companies in the flooring industry by decisvely meeting the wood flooring needs of the North American market. Manufacture and sourcing of a vast array of products - solid, engineered, smooth, brushed, fumed, carbonized, hand scraped, - brings a total wood flooring package that addresses aesthetic and performance requirements of designers, architects and homeowners.

D&M Flooring
Main Contact: John Klotz
Email: john@dm-flooring.com
Phone: 310-988-1900
Location: Long Beach, CA

Are You Ready for Health Care Reform?

Receive the insight and knowledge needed to manage your evolving health care options during the health care reform webinar taking place Thursday, June 19, 2014 from 1:00 p.m. - 2:00 p.m. CST.

Prior to the webinar complete the Pulse Check™ Health Care Reform Assessment Tool, to identify resources to help fill the gaps in your HR needs. This webinar will cover penalties that could affect your business, how market reforms are changing the small group health insurance scene and more.

Stay tuned for registration details.

Tags:  Alan Beaulieu  D&M Flooring  Health Care Reform  NAW  New Member  Speaker Spotlight  Webinar 

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Monday Morning Memo 5.19.14

Posted By Maddie Moss, Tuesday, May 20, 2014

2014 Annual Convention Speaker Spotlight Highlights


The 2014 NAFCD + NBMDA Annual Convention speaker line-up features thought leaders who will share their expertise on economic trends, innovative thinking, generational differences, trends in the building product supply chain and work-life engagement.

Steve McClatchy
Work Smarter, Reduce Your Stress & Lead by Example
In this presentation, Steve McClatchy will discuss personal leadership and the foundation of the leadership process. Executives will learn to:
  • Focus on results and the true drivers of performance.
  • Regain critical planning and personal time.
  • Dramatically increase work and life engagement.

Learn more about Steve McClatchy.
 


Profit Improvement Report

Sales Versus Expenses: The On-Going Civil War
This report attempts to provide a non - emotional perspective regarding the degree to which sales growth and expense control should be emphasized in the firm. It will do so by considering two different aspects of the "what to work on" issue:
  • The Profit Impact of Sales and Expenses - An examination of the relative impact of changes in sales and expenses. 
  • Integrating Sales and Expenses - Suggestions for establishing a unified approach to profit improvement for the firm.  
View the full report here. Remember to take advantage of all the education, industry reports and resources available to you as an NAFCD member.  


NAFCD Welcomes New Member Wagner Meters

Wagner Meters
Wagner Meters is the respected world leader in moisture meter and moisture management solutions. For almost 50 years, Wagner's field proven moisture meter technology has helped thousands of valued customers improve profits and eliminate wood and concrete moisture-related problems.

Wagner Meters
Main Contact: Michelle Savage
Email: msavage@wagnermeters.com
Phone: 541-582-0541
Location: Rogue River, Oregon

Tags:  New Member  Profit Improvement Report  Speaker Spotlight  Steve McClatchy  Wagner Meters  Work Smarter 

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2025 NAFCD Annual Convention

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