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NAW Request for Anti-Trust Investigation of Amazon

NAW has just sent letters to the Federal Trade Commission (FTC) and the Department of Justice (DOJ) requesting that their agencies open an investigation into the General Services Administration’s (GSA) proposed e-Marketplace platform (Section 846) and Amazon’s unfair and anti-competitive practices and processes.

NAW believes that GSA should be fostering maximum competition at this stage of Section 846’s implementation.  Even though GSA identified three credible e-commerce purchasing channels, GSA’s latest Request for Proposal (RFP), Commercial e-Marketplace Acquisition (October 1, 2019), confines its pilot test to only one model, that of the e-marketplace portal, the Amazon platform.  All other e-commerce models have been excluded.

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NAW Institute for Distribution Excellence Announces Optimizing Channel Profitability: A Playbook to Align Manufacturer– Distributor–Customer Relationships

(October 10, 2019, Washington, DC) — The NAW Institute for Distribution Excellence is pleased to announce its newest, groundbreaking research study, Optimizing Channel Profitability: A Playbook to Align Manufacturer–Distributor–Customer Relationships, based on a consortium conducted by Texas A&M University’s Global Supply Chain Laboratory. Please go to www.naw.org/ocp or call 202.872.0885 to learn more and to order copies.  Quantity discounts of 15–50% apply when ordering two or more copies.

As manufacturers face new competitive challenges, distributors alter their capabilities, and customers change their requirements, the path forward keeps shifting.

Many manufacturers have not updated their channel policies in a decade, while wholesaler distributors have undergone significant changes in terms of online disruptions by non-traditional competitors, multi-generational workforce dynamics, digital transformation challenges, evolving salesforce structure, and so forth.

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December Fastener Training Week Comes to Los Angeles Area

SANTA CLARITA, CA (Oct. 3, 2019) – Fastener Training Week, an advanced technical training program, is scheduled Dec. 2-6 in La Miranda, CA. This LA area training is for fastener distributors and manufacturers, end users and original equipment manufacturers. The course is offered by The Fastener Training Institute, a leading non-profit organization that provides training on fastener products and standards, in partnership with the Industrial Fasteners Institute.

Instead of seven separate one-day classes, Fastener Training Week offers five intensive days of education and plant tours as part of the acclaimed FTI Certified Fastener Specialist™ (CFS) advanced technical training program. After completing this invaluable industry training in a small group environment and passing a final exam, attendees are eligible for the Certified Fastener Specialist™ (CFS) designation.

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Fastener Fair Stuttgart 2019: An International Trade Audience, Good Business Contacts and a Lot of Networking

The 8th Fastener Fair Stuttgart, International Exhibition for the Fastener and Fixing Industry, ended last week after three very successful show days at the Stuttgart exhibition grounds in Germany. A total of 12,070 visitors from 90 countries came to Stuttgart to discover the latest trends and products from all areas of fastener and fixing technology and to network with other industry experts. This represents a further growth in visitor numbers by 3% compared to the previous event.

A total of 987 exhibitors from 45 countries presented the complete spectrum of fastener and fixing technologies on a total net exhibition space of 22,200 square metres: industrial fasteners and fixings, construction fixings, assembly and installation systems and fastener manufacturing technology. This represents a further increase in exhibitor numbers by around 10% and a further increase in exhibition space of 5% which resulted in the biggest Fastener Fair Stuttgart to date.

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When Personality Assessment Results Disappoint

This article is available courtesy of Caliper.

With the number of jobs and applicants increasing, many professionals are turning to advanced tools such as personality assessments to aid them in the hiring process to determine if potential candidates are the right fit for their company. But what is a personality assessment?

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Speaker Submissions Being Accepted for the 2019 International Fastener Expo

The International Fastener Expo (IFE), the largest and most established business-to-business tradeshow of every type of fastener, machinery and tooling, and industrial-related products in North America, is now accepting speaker submissions from fastener industry professionals and motivational and team building presenters for the Sept. 17-19 show conference schedule. The annual conference schedule features experts on technology, key laws and regulations, business solutions, testing and inspecting, management and leadership, and many more topics affecting the fastener industry.

New at IFE 2018, the conference schedule was expanded to include an additional day and featured 18 educational sessions; IFE 2019 plans to be just as jam-packed. Among the most popular sessions in 2018, Vanessa Sciarra, vice president for legal affairs and trade and investment policy, National Foreign Trade Council (NFTC), presented “U.S. Tariffs and Trade Policies - What to Expect in 2019,” a rundown on current trade policy, to a full house of engaged attendees. Video of her presentation is available for purchase at https://www.fastenershows.com/2019/02/12/us-tariffs-trade-policies-fastener-industry/.

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The Secret Weapon of Today's Successful People: Curiosity

This article is available courtesy of Caliper.

If classic movies like Glengarry Glen Ross (1992), Tin Men (1987), Used Cars (1980)—or more recent hits like Wolf of Wall Street (2013)—have taught us anything, it’s that sales is not for those of a weak disposition.

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World’s leading exhibition for the fastener and fixing industry with record exhibition space: positive economic outlook offers potential for growth

Fastener Fair Stuttgart 2019, the world’s leading exhibition for the fastener and fixing industry, will take place from 19 – 21 March 2019 in halls 1, 3 and 5 at the Stuttgart Exhibition Grounds in Germany. Due to a further expansion of the exhibition space this year, offering a total of 22,000 net square metres in total, the exhibition has already exceeded the total stand space of the previous event in 2017. More than 97% of the total available stand space has been booked so far.

Around 900 companies from 40 countries will be present with a stand at the 8th International Exhibition for the Fastener and Fixing Industry in March 2019. Germany, Italy, Spain, the United Kingdom, the Netherlands and France are the major European exhibitor countries. Asian exhibitors mainly come from Turkey, China, India and Taiwan.

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NAW Institute for Distribution Excellence Announces Creating Innovations And Shaping The Future Of Business: A Look At Commerce, Technology, And Human Forces In Distribution And Accompanying Free Webinar

The NAW Institute for Distribution Excellence, the research arm of the National Association of WholesalerDistributors (NAW), is pleased to announce the release of Creating Innovations and Shaping the Future of Business: A Look at Commerce, Technology, and Human Forces in Distribution, the first-ever Facing the Forces of Change® challenge paper, based on research to date, including 25 innovation ideas to kick-start internal management discussions.. Please visit www.naw.org/creating-innovations or call 202.872.0885 to learn more and order copies. Quantity discounts of 15–50% apply when ordering two or more copies.

About this Challenge Paper

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Artificial Intelligence in Business - Beyond SciFi

New software selection material available --
Selecting software is a complex task and determining which software package is the "best" for your organization can be daunting. The article titled, "Artificial Intelligence in Business - Beyond SciFi" written by Jeff Gusdorf and Maggie Peters at Brown Smith Wallace Advisory Services, provides a framework that ensures you have assessed all of the most important factors and helps you to be more confident in your software purchase decision.  Also, this month we have released the 28th annual Distribution Software Guide and 12th annual Manufacturing Software Guide. Download the release

IFE announces 2018 award winners

Hall of Fame at the International Fastener Expo Announced
Industry veterans and thought leaders Bob Sachs and Robbie Gilchrist are added to the list of honored inductees for the 2018 IFE Awards

Los Angeles, CA (August 17, 2018) – The International Fastener Expo (IFE) has announced the winners of the 2018 Hall of Fame Awards. Each year, The Fastener Hall of Fame recognizes industry professionals who have made significant and enduring contributions to the industrial fastener industry on a national or global scale. In addition to their contributions, the award recipients are selected on the role they’ve played in the industry, their leadership skills in administrative and policy areas, and the educational contributions they’ve made to their companies and staff. This year latest recipients, Bob Sachs and Robbie Gilchrist, will join other honored industry members, including but not limited to inventors, business leaders, and educators.
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Gilchrist Foundation Awards Scholarships

The Gilchrist Foundation has awarded five scholarships from the 2018 applicants.  Congratulations to the recipients. We wish them well and are pleased to assist them with their education. 

They are as follows and their sponsoring companies;

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Impact Report: US Tariffs & Global Retaliations

Tariffs are dominating the news these days with the story changing almost hourly. What countries or industries will President Trump target next? Who will retaliate?

Freedonia’s new white paper draws upon the experience of its industry analysts to assess the potential impact of the latest tariffs on industries ranging from appliances to wine. This new analysis provides quick, easy to read summaries of how tariffs could impact 20 key US industries.

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EU Imposes Retaliatory Tariffs on Certain Fasteners

The World Trade Organization announced today the imposition of new tariffs on certain fastener products imported from the U.S. by European Union countries, effective June 22, 2018:

CN Code Description Additional Duty
73181410 Self-tapping screws, of iron or steel (other than stainless (excl. wood screws) 25%
73181491 Spaced-thread screws of iron or steel other than stainless 25%
73181499 Self-tapping screws of iron or steel other than stainless (excl. spaced-thread screws and wood screws) 25%
73181640 Blind rivet nuts of iron or steel other than stainless 25%
73181660 Self-locking nuts of iron or steel other than stainless 25%
73181692 Nuts of iron or steel other than stainless, with an inside diameter <= 12 mm (excl. blind rivet nuts and self-locking nuts) 25%
73181699 Nuts of iron or steel other than stainless, with an inside diameter >= 12 mm (excl. blind rivet nuts and self-locking nuts) 25%

 

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Fastener Training Institute Elects New Officers

A Press Release from the Fastener Training Institute

Officer elections were held at our most recent Board of Directors meeting. We’re pleased to announce the following:

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Fastener Fair Stuttgart 2019: Stand bookings well underway New Special Area for Bonding and Adhesive Technologies

Fastener Fair Stuttgart 2019 will take place from 19 – 21 March 2019 at Messe Stuttgart in Germany. The 8th International Exhibition for the Fastener and Fixing Industry will once again occupy halls 1, 3 and 5 at the Stuttgart Exhibition Centre. Less than one year ahead of the show stand bookings are already well underway. The organiser Mack Brooks Exhibitions also announces that, for the first time during Fastener Fair Stuttgart 2019, there will be a special area for bonding and adhesive technologies, the “Bonding & Adhesive Technology Area”.

Over 700 companies from 38 countries have currently already secured their stand space at the International Exhibition for the Fastener and Fixing Industry. Amongst them are companies from Germany, Italy, the Netherlands, Spain, the United Kingdom, Turkey, China, India and Taiwan. To date, more than 18,000 square metres of the available net exhibition space have been booked or reserved. Hence, 85% of the total available stand space has been secured by exhibiting companies, around one year ahead of the show.

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“Amazon Business: Defending Against; Partnering With; and Out- Innovating”

A Message From Bruce Merrifield

Following Amazon innovation news and making sense of it for legacy-distribution-channel players is a full-time job. I’ve been doing my best at this quest for most of 2017. Now, the University of Innovative Distribution (http://www.univid.org/aws/AEA/pt/sp/uid_homehas asked me to do a “NEW” day long course on this topic on March 13 in Indianapolis.

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Gilchrist Foundation Awards Scholarships

The Gilchrist Foundation has awarded the final scholarship for 2017. Ryan Payne was awarded the scholarship via the Mid-West Fastener Association. Ryan will join the three previous scholarships from the 2017 applicants.  Congratulations to the recipients. We wish them well and are pleased to assist them with their education. 

They are as follows and their sponsoring companies;

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2017 International Fastener Expo Wrap Up

A Message From International Fastener Expo

From October 17 through 19, North America’s largest and most well-known gathering of fastener industry professionals returned to Las Vegas for the 37th consecutive International Fastener Expo. We want to thank all of our amazing media partners, corporate sponsors, exhibitors and attendees for making 2017 the expo’s greatest year yet.

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