Important Takeaways from NAW Executive Summit 2022
Summary
Our CEO, Karthik Chidambaram, has done an amazing job promoting staff development and travel opportunities, allowing us the flexibility to approach problems as we see best. The NAW organization led by CEO Eric Hoplin is centered around protecting the rights of distributors in the industry and promoting collaboration from current competitors. With inflation acting as an ongoing topic during the conference, many distributors are now working to preserve the integrity of their resources while also keeping pricing issues in check. Some strategies to combat this process include moving to variable costs, building a war chest, mergers and acquisitions, and downsizing. Becoming market leaders and innovators should be the goal for each individual part of this organization if we wish to introduce leading technologies to the distribution industry.
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