Don't Miss Your Chance to Submit a Nomination for the 2014 NAFCD Awards! 

The deadline to submit nominations for the 2014 NAFCD Leadership in Action and Lifetime Achievement Awards is quickly approaching.

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 Annual Convention, taking place November 18-20, in Dallas, Texas.

 

Additional details for each are available on our website.

 

NAFCD's 2014 Profit Analysis Report (PAR) Deadline Extended

To ensure all NAFCD members have the opportunity to participate in the PAR survey, we have extended the survey submission deadline to August 29, 2014.

Participants will receive the following at no cost ($995 value):

-Industry Chart Book Report - A financial and operating profile of the entire industry.
-Personalized 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. Instructions are included with your profit improvement profile.

Note: Non-participants must purchase the report to receive the results. 

Visit the NAFCD website and download a PDF of the survey. Submit your survey by August 29, 2014 and receive your free report!

 

NAFCD Member Press Release

Haines Announces Grand Opening of Wheeler Supplies Center

NAFCD member Haines & Company, Inc. announced the grand opening of the Wheeler Supplies Center in Orlando, Florida on August 22, 2014. 

 

This is Haines' first Supplies Center opening and the beginning of Haines - Flooring Supplies Division expansion into the Florida market. Haines began the new supplies division when it ac quired Allied Products in early 2013 and then grew the division when it acquired CMH Space and Ellis Flooring in early 2014. Haines now operates twenty six Supplies Centers throughout the Mid Atlantic and Southeast. 

 

The Wheeler Supplies business has employed a very knowledgeable team of four, led by Jed Collins, Sales Manager Flooring Supplies, to start the Florida expansion. Jed has been a sales leader at Wheeler since the acquisition of Wheeler by Haines in 2007. The Wheeler Supplies Center is stocked with a broad array of flooring installation tools and supplies to meet the expectations of flooring contractors and flooring dealers. In addition, the current flooring supplies available to Wheeler floor covering dealers will be expanded and sold by the existing team of Wheeler Account Executives. 

 

For more information on Haines & Company, Inc. and to view the full press release, visit the NAFCD Member Press Release page. 

 

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

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!

New & Improved - Performance Index Benchmarking

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.