SPRING 2024
Distributor's Link Magazine Spring 2024 / Vol 47 No 2
Distributor's Link Magazine Spring 2024 / Vol 47 No 2
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58<br />
THE DISTRIBUTOR’S LINK<br />
SPECIALTY TOOLS & FASTENERS DISTRIBUTORS ASSOCIATION<br />
PO Box 44, 500 Elm Grove Rd., Ste. 2I0, Elm Grove, Wl 53122<br />
TEL 1-800-352-2981 EMAIL info@stafda.org WEB www.stafda.org<br />
TEXAS A&M OFFERS EDUCATION TO<br />
STAFDA MEMBERS by Georgia H. Foley, CEO<br />
Texas A&M University, College Station, TX, one of<br />
schools that regularly participates in the Specialty Tools<br />
& Fasteners Distributors Association (STAFDA) Convention<br />
& Trade Show each year by bringing students, is returning<br />
the partnership by offering STAFDA members two unique<br />
educational opportunities.<br />
Texas A&M is setting up five scholarships and working<br />
with different channel organizations/associations to get a<br />
mix of industries represented by offering one scholarship<br />
per channel. The University has selected STAFDA to<br />
represent the construction/industrial sector.<br />
A STAFDA distributor has the ability to receive a<br />
$5,000 scholarship to earn their Master of Industrial<br />
Distribution (MID) from Texas A&M University, one of the<br />
Top 10 Colleges of Engineering in the U.S. Scholarship<br />
applications will be submitted to Texas A&M whose faculty<br />
will select the STAFDA distributor to receive the scholarship.<br />
The recipient will be recognized during STAFDA’s General<br />
Session in Nashville, November 11, <strong>2024</strong>.<br />
The MID program is a 21-month, online curriculum<br />
and designed for working professionals who are emerging<br />
leaders. Requirements are that the participant have at<br />
least three – five years of experience and considered by<br />
their company to have high potential for management.<br />
Students currently enrolled in the MID program average 12<br />
years of experience, but the range is from 3-20 years. The<br />
candidate must apply and be admitted to the MID program<br />
by June for an August start date.<br />
For the first year, classes include: The Science<br />
of Distribution; the Digital Distributor; the Distribution<br />
Customer Experience; and Distribution Profitability<br />
Analysis. Second year coursework focuses on: Distribution<br />
Operational Excellence; Distribution Growth, Models &<br />
Drivers; Distribution Capstone Project Part 1; Leading<br />
People and Managing Performance; Distribution Channel<br />
SHOW EVENT ARTICLE<br />
Development; and Distribution Capstone Project Part 2.<br />
The Capstone Project involves transformational<br />
problem identification, steering committee presentation,<br />
data collection/analysis, and ROI calculation.<br />
Job titles of those currently enrolled in the MID<br />
program include: regional manager, sales manager; district<br />
manager; branch manager; outside sales; independent rep<br />
agent; operations manager; inventory coordinator; COO;<br />
CFO; CEO; vice president; and more!<br />
Texas A&M reports 50% of those students earning<br />
their MID saw a pay increase of 20% and 81% received<br />
a promotion while in the program or within three years of<br />
graduation.<br />
Interested? Please visit, mid.tamu.edu, to learn more<br />
about the MID program.<br />
In addition, Texas A&M is allowing STAFDA to share<br />
their “Talent Matters” micro-learning email series with<br />
members. Sent each Wednesday, STAFDA members<br />
will receive Texas A&M’s quick 3-4 minute read on<br />
actionable insights and strategies to implement into<br />
members’ talent recruitment and retention efforts. The<br />
University has interviewed individuals in all aspects of<br />
industrial distribution, from human resources to business<br />
administration, to executive vice presidents and talent<br />
acquisition, to provide members with fresh, new, and<br />
engaging content each week.<br />
February’s content focuses on “Recruitment: Digital<br />
and Social” while March will concentrate on “Onboarding:<br />
New Hires & Managers.” Other topics for the year include:<br />
“People Metrics”; “Upskilling: Soft Skills Development”;<br />
and “Recognition & Rewards.”<br />
For a list of all themes for <strong>2024</strong>, please visit www.tx.ag/<br />
TalentMatters. For more information on these programs or<br />
STAFDA membership, please visit www.stafda.org or Tel:<br />
1-800-352-2981.<br />
SPECIALTY TOOLS & FASTENERS DISTRIBUTORS ASSOCIATION