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ASA Home   Membership   Education   Advocacy   Networking   Benchmarking Nov. 17, 2011

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ASA Members Creating Jobs in America
American Supply Association    Share   Share on FacebookTwitterShare on LinkedinE-mail article
American Supply Association members' October 2011 financial report shows that they have been hiring for the twelfth consecutive month, as their full time equivalent employee count is larger than a year ago in all levels. This is especially true for larger distributors, specifically within the industrial PVF sector. Also very importantly, the driver of this has been improved profitability as compared to 2010. These increased profits are driven by one and one half years of continued revenue growth. More

Obama Administration Diminishes Trade Associations, ASA Responds
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
This fall, during NetworkASA 2011, the Office of Government Ethics issued a proposal designed to limit the trade association community's interaction with the executive branch. Specifically, the Office of Government Ethics (OGE) asserts that trade associations "may sponsor educational activities for their members and even the public, but the primary concern of such associations generally is not the education and development of members of a profession or discipline ..." ASA and more than 400 groups took issue with this premise and challenged the administration to explain how it is that organizations such as institutions of higher learning, scientific organizations, nonprofit professional associations and learned societies receive an exemption from these proposed rule changes, but trade associations do not. More

CFO Networking Council Continues to Build Momentum
American Supply Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The ASA CFO Networking Council continues going strong with its second networking session this year. This week, members representing 11 different companies met in Chicago for a peer roundtable discussion on industry topics ranging from business metrics and budgeting to ESOPS and fraud. The next meeting is tentatively scheduled for Thursday, March 1, 2012, also in Chicago. All member manufacturers and distributors involved in the financial divisions of their respective organizations are invited to participate. Please contact Margaret Bean, CFO Networking Council staff liaison, for more information.

Copper Futures Trim Losses After Italian, Spanish Yields Drop
CNBC-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Copper futures trimmed losses, bouncing off a four-day low as a drop in Italian and Spanish bond yields helped boost market sentiment. On the Comex division of the New York Mercantile Exchange, copper futures for December delivery traded at USD3.473 a pound during European morning trade, shedding 0.8%. It earlier tumbled by as much as 1.9% to trade at USD3.431 a pound, the lowest price since November 11. More

Manufacturers Wrap Up Sustainable Packaging
Procurement Leaders Network    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Global consumption of sustainable packaging is registering "impressive" growth, according to market watchers. The sector has been largely immune to the economic downturn, reveals a new report. The study notes that Europe and the U.S. represent the largest regions for sustainable packaging, together accounting for more than 70 percent of the global market. More

Spate of Disasters Exposes Supply Chain Weakness
Reuters via Insurance Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A string of natural disasters has exposed a vulnerability in global supply chains: How do you set up a network that is compact enough to be efficient but spread widely enough that no single unexpected event can knock it out? Business leaders at the Asia-Pacific Economic Cooperation meetings said the disasters forced them to rethink the wisdom of relying on a limited number of vendors or locations. APEC members agreed recently to develop public-private partnerships by 2012's summit so they can respond more effectively when disasters strike. More

ASA Insights
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