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Monday Morning Memo 2.10.2014

Posted By Maddie Moss, Tuesday, February 11, 2014

2014 Member Needs Survey

Help Us, Help You... NAFCD is pleased to announce that the organization will once again be reaching out to their members to further provide value. Kadence International, the firm that conducted the last member needs survey in 2011 will once again be supporting this worthwhile comprehensive member survey. Kadence is a valued partner and has the experience and knowledge of the flooring industry. Many of the dynamic changes that have taken place over the last 3 years were a direct result of 2011 survey results.

Check your inbox this week for NAFCD's Member Needs Survey invitation! We are dedicated to understanding where you need help the most to grow your business and in order to gather this information 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? Starting today, 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.

Should you have questions about the member survey or would like to participate, please contact Michelle Miller at (312) 673-5701 or mmiller@nafcd.org.

NAFCD Website Update: Board of Directors

In our continuous efforts to provide additional offerings and enhance member experience we have updated the Board of Directors page on the NAFCD website.

Learn more about your Board members with their newly updated bios and stay up to date with the latest industry events with our calendar news feed. We will continue to update our Board page, so check back often!

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.

Tags:  2014  2014 annual convention  Board of Directors  Member Needs Survey  Participate  Survey  Website  Website Update 

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Monday Morning Memo: 8.12.13

Posted By Lizzie Duvall, Monday, August 19, 2013

Last Chance to Participate in 2013 Performance Index Survey - Submissions Due August 15

Now it's even easier to participate!

In our continuing efforts to deliver the value our members expect from their industry organization, NAFCD is pleased to present a new and improved version of the very popular Performance Index Benchmarking Report. Thanks to those members that have taken the time to provide feedback to improve this popular tool.

We are pleased to highlight the following improvements:

  • Clarification and further definition to support key areas of the survey
  • Modification of survey questions to better reflect changes that have taken place within the industry.
  • The Profit Planning Group will now complete the financial sections of the survey if you simply submit a copy of your company's financial statements along with the survey.
  • The Profit Planning Group will also host a webinar to discuss the final report. This will provide participants another opportunity to interact with Dr. Bates, gain a better understanding of specific areas of the report, and learn how to better interpret the data. You must participate in the survey to be invited to attend the webinar and/or view the recorded version.

While we begin to witness recovery, financial benchmarking information is more important than ever before. This report presents a wealth of financial and operating guidelines. In addition, it provides direct comparisons between your firm and other participating firms. This valuable information is, however, only available to firms that participate in the study.

As a participant in the survey, you will receive a copy of the:

  • Industry Chart Book Report - A financial and operating profile of the entire industry Personalize
  • Profit Improvement Profile. - A confidential report sent directly to you comparing your firm with similar participating firms. Many firms take this report to the bank to discuss loans, lines of credit and plan for the future.
  • Profit Toolkit Online - A Microsoft® Excel spreadsheet to assist your financial planning. Access instructions are included with your profit improvement profile.

To participate in this survey, 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 with a copy of your income statement and balance sheet.

Don't miss out on this opportunity!
Remit your survey by August 15, 2013.

Tags:  benchmarking  forecasting  performance  survey 

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Monday Morning Memo: 7.15.13

Posted By Lizzie Duvall, Monday, August 19, 2013

NAFCD Quarterly Executive Trends Index Deadline Approaching!

The deadline to submit your brief quarterly online survey is July 19!

Don't miss your chance to participate in the Quarterly Executive Trends Index and gain valuable benchmarking data in identifying key trends in the industry including sales growth for the industry, inventory levels, and changes in operating costs. All survey responses are anonymous and confidential.

The full survey results will be sent back to members in late July and will provide you and your organization with actionable information you can put to use in your business month to month.

Contact info@nafcd.org for more information, or if you did not receive your invitation to participate email.

 

2013 NAFCD Profit Index Report

NAFCD is pleased to present a new and improved version of the very popular Performance Index Benchmarking Report now open for your participation. As a participant in this survey, you will you receive a copy of:

  • Industry Chart Book Report - A financial and operating profile of the entire industry
  • Personalize Profit Improvement Profile. - A confidential report sent directly to you comparing your firm with similar participating firms. Many firms take this report to the bank to discuss loans, lines of credit and plan for the future.
  • Profit Toolkit Online - A Microsoft® Excel spreadsheet to assist your financial planning. Access instructions are included with your profit improvement profile.

To participate in this survey, 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 with a copy of your income statement and balance sheet by August 15, 2013.

Tags:  benchmarking  forecasting  performance  profit  quarterly executive trends  sales  survey 

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Monday Morning Memo: 7.8.13

Posted By Lizzie Duvall, Tuesday, July 9, 2013

NAFCD Quarterly Executive Trends Index

In an effort to increase the value of information we provide to our members, the North American Association of Floor Covering Distributors and the North American Building Material Distribution Association have partnered to develop a valuable benchmarking and forecasting tool.

We are excited to announce the launch the NBMDA / NAFCD Quarterly Executive Trends Index! NBMDA/NAFCD has compiled a BRIEF quarterly online survey. This survey will be sent tomorrow, Tuesday, July 9th. Please look for this email.

All survey responses are anonymous and confidential with responses aggregated only to identify key trends in the industry (sales growth for the industry, inventory levels, changes in operating costs, etc.).

The full survey results will be sent back to members in late July and will provide you and your organization with actionable information you can put to use in your business month to month.

We hope your company can commit 5-10 minutes each quarter to fill out the survey. The debut survey will take slightly longer to complete as we attempt to secure some historical data for comparison purposes going forward. We look forward to your participation!

- Kevin Gammonley                     - Michelle Miller
NBMDA Executive VP                   NAFCD Executive VP

Tags:  benchmarking  Cleveland Research  forecasting  historica data  NAFCD  NBMDA  performance  survey 

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2025 NAFCD Annual Convention

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