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SPEED Up Sales and Profits in 2023

How Companies Can Capitalize in a Challenging Economy. SPEED* is a methodology defined by the National Association of Wholesaler-Distributors (NAW).  Leveraging the insights gained from a Customer Stratification analysis, SPEED can help your wholesale/distribution business grow sales more profitably and sustainably in 2013, as follows: Start by modeling what your Core customers tend to buy from you. Then, […]
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How Empowered Companies Regain Control of Their Sales Processes

A survey by Earnest & Associates (E&A) has affirmed that price haggling remains a problem in the wholesale/distribution industry. Over one hundred decision makers at small to medium-sized businesses (SMBs) in the wholesale/distribution trade participated in the survey. 61% of respondents agreed with the statement, ‘Too many customers haggle with us over price’. In fact, […]
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How to Put ‘The Marine Corps Way’ to Work at Your Business

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Not All C and D Items are the Same!

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The Digital Transformation is Here.

The best business leaders are decisive. These are people who are not content with business as usual. When opportunities arise to improve their company’s competitive positions, leaders choose action. It’s well-known that the bookselling, video rental and tourism industries have learned hard lessons about carrying on with business-as-usual. The rapid rise of eCommerce, social media […]
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Know More, Sell More, Make More

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How Customers Are Using Customer Stratification to Grow Their Business

Over the years, I’ve worked with many of the well-known enterprise resource planning (ERP) software solutions that have been designed specifically for the wholesale/distribution industry.  Invariably, these ERPs have been designed to group items in some unique or specific way – with varying degrees of success.  The best ERPs help managers review item movement histories to make smart replenishment decisions and/or analyze past sales data […]
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Do Or Do Not. There Is No Try.

I’ve never been a Star Wars fanatic but like most people, I’ve been a casual watcher of these hugely popular films. To me, the most interesting character has always been Yoda. Inspired by George Lucas’ fascination with Eastern philosophy, Yoda personifies the power that comes from a life dedicated to learning, discovery and self-discipline. “The […]