MwDA Hosts Executive Summit
An eclectic group of distributors, reps and manufacturers attended an Executive Leadership Conference sponsored by the Midwest Distributors Association (MwDA) in Oak Brook, IL (suburban Chicago) on May 3-4. Featured speakers included Elkay COO Stephen Rogers; Bryan Shirley, President & CEO of the Manufacturers’ Agents National Association and Executive Director of our industry’s AIM/R organization for independent reps; and distribution author/instructor Mitch Harper.
Shirley’s presentation focused on the problems and challenges faced by independent reps and their manufacturers. According to Shirley, the number one reason for hiring independent reps is “relationships and knowledge of the customers.” He cited data showing that the average tenure of direct factory sales reps in the field was 26 months, after which they tend to get promoted or transferred, taking with them hard-won relationships and market knowledge. “Sales is still a contact sport,” he mused.
Harper, who retired from the business world at age 37 after succeeding in a couple of industrial distribution ventures, occupied the lion’s share of the educational program with a wide-ranging presentation centered around the theme of aligning sales goals, strategy and tactics. His entertaining, homespun demeanor made the hours go by quickly with insights about various facets of the supply chain.
“What’s valuable to one person or company may not be valuable to another,” he said at one point. “Price may be all there is at times.”