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SUMMER 2019

Distributor's Link Magazine Summer 2019 / Vol 42 No3

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108<br />

THE DISTRIBUTOR’S LINK<br />

PACIFIC-WEST FASTENER ASSOCIATION<br />

3020 Old Ranch Parkway #300, Seal Beach CA 90740<br />

TEL 562-799-5509 FAX 562-684-0695 EMAIL info@pac-west.org WEB www.pac-west.org<br />

COME TO THE CALIFORNIA WINE COUNTRY<br />

FOR PAC-WEST’S FALL CONFERENCE by Vickie Lester<br />

What could be better than networking with fastener<br />

industry professionals in the heart of California wine<br />

country? Join us October 24-26, <strong>2019</strong> at the Doubletree<br />

by Hilton Sonoma Wine Country, Rohnert Park, California<br />

Jason Bader with The Distribution Team will be on<br />

deck for two great programs.<br />

Gross Sales is for Vanity, Profit is for Sanity<br />

As we walk around conventions and industry<br />

gatherings, we hear all sorts of commentary on top line<br />

revenues. Big sales and big numbers rule the cocktail<br />

hour, but where does the rubber really meet the road? We<br />

pay our bills and line our pockets with profit, not sales.<br />

If you are person responsible for setting pricing direction,<br />

this event is for you. In this session, we will talk about<br />

driving a culture of profit in your organization. It starts<br />

with educating the team about how money works and<br />

continues with proven margin enhancement strategies.<br />

From raising prices to reducing expenses, this session<br />

will give you the tools you need to unlock significant<br />

improvements in gross margin and ultimately net profit.<br />

Now let’s go hunt some cash.<br />

Analyzing Customer Profitability<br />

Are all customers created equal? Isn’t that what<br />

we teach our customer service people? If we asked our<br />

people to list the top ten customers, how would they<br />

rank them? If we asked them to list the top ten most<br />

profitable customers, would we receive the same list? In<br />

many organizations, the people that work with us and for<br />

us equate our largest customers with our most profitable.<br />

During this session, participants will learn how to rank<br />

their customers based on contribution to net profit. By<br />

understanding which customers contribute to our overall<br />

profitability, we can allocate our value-added resources to<br />

those folks who help us grow. Conversely, we can begin<br />

ASSOCIATION ARTICLE<br />

to reduce services to those customers who make us jump<br />

through hoops, drive down prices and continually pay<br />

slow. Distributors have a finite amount of money to invest<br />

in service. Let’s make sure that we are investing in the<br />

right customers.<br />

Also featured at the Pac-West <strong>2019</strong> fall conference<br />

will be Bob Seredich with the Southwest Institute for<br />

Emotional Intelligence. A favorite Pac-West speaker, Bobi<br />

has a very timely program for us.<br />

The Five Secrets to Highly Effective Teams<br />

Your untapped goldmine to the success of your<br />

business is in your people. How can you create a<br />

healthier, productive, innovative and profitable company?<br />

This presentation brings in the concepts of Patrick<br />

Lencioni’s best-selling book,The Five Dysfunctions of a<br />

Team, where he uncovers the natural human tendencies<br />

that derail teams and lead to politics and confusion in so<br />

many organizations. Teamwork and a positive corporate<br />

culture remain the ultimate competitive advantage, both<br />

because it is so powerful and so rare. You will learn:<br />

¤ How to get everyone on your team on board<br />

with the same goals and direction<br />

¤ Practical tools for overcoming dysfunction<br />

¤ How to create cohesiveness and minimize<br />

gossip and politics<br />

¤ The importance of organizational health as<br />

your competitive advantage<br />

¤ The only way to win is through values-based<br />

leadership – leaders walking their talk<br />

¤ Gain new commitment to teamwork<br />

¤ Discover the five behaviors: Trust, Conflict,<br />

Commitment, Accountability and Results<br />

¤ Create team agreements<br />

¤ Engage in powerful trust building exercises<br />

¤ Assess where your team stands now<br />

CONTINUED ON PAGE 172

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