The American Supply Association (ASA) has upgraded the Recruiter Toolbox, an online resource for members to enhance talent recruitment. This supports the Project Talent initiative to attract skilled workers to the PHCP and PVF industries while inviting member feedback for improvements.
Technology is a catalyst for change, reshaping our work lives through automation, advanced data analytics, and artificial intelligence. As industry leaders, we must embrace these changes to maintain our competitive edge and ensure the survival of our businesses.
ASA's Monthly Sales Report shows a 5% year-over-year sales decline for wholesalers in September 2024, with year-to-date sales down 0.4%. PHCP firms increased sales by 5% and blended PHCP & PVF firms by over 8%. Overall, respondents reported a nearly 5% median sales increase for September, despite an 8% drop from August.
This article examines the implications for valuation metrics, strategies, and investor perceptions in the distribution industry regarding this potential acquisition.
Last week, the ASA Legislative Fly-in event convened PVF-PHCP industry leaders with elected officials on Capitol Hill. ASA-member wholesalers and suppliers had the opportunity for direct meetings with senators and representatives, advocating for the industry. They discussed critical issues and underscored the sector's role in supporting local economies.
Home use is evolving, with 42% of U.S. homeowners hosting gatherings to spend time with loved ones, per a Moen survey*. As preferences shift towards intimate home events, creating spaces that accommodate both hosts and guests is key. Professionals should focus on these essential design considerations for frequent hosts.
At the ASA Innovation Summit in Rosemont, Illinois, industry experts discussed critical cybersecurity issues in a 90-minute panel led by Ian Heller. The session provided valuable insights for ASA members involved in distribution and supply.