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In This Issue

WF&FSA 2013 Calendar - Check Out These Events

  

  

  

Floral Distribution Conference
October 23-25, 2013

Doral Trump Resort, Miami, FL

Advertise in netWORK 

and reach over 2,000 WF&FSA members and prospects!

Click here for more information. 

 

Questions? 

Contact

Vincent Moulden    

     

       

WF&FSA has endorsed Electric Checks as a more effective way to collect bounced checks for its members. This premier service has collected hundreds of thousands of dollars for WFFSA members - at no cost.  Did you know, we also offer other electronic check services that will save you time and money by eliminating the paper from the check?  We put you in control of your paper check transactions, the new paperless way. Electric Checks - Checks are our business, our only business! Click here for the full details.

 

WF&FSA's President is Pat Dahlson, Mayesh Wholesale Florist, Inc., Los Angeles, CA.

WF&FSA's Executive Vice President is Trish Lilly.


So, What's New With You?

 

We'd like to know what's new with you and your company. Do you have any organizational changes? Have you changed your address? Added a new product line? Introduced a new product? Just send your information into WF&FSA at info@wffsa.org. If you like, to simply the process, you may use the attached form. Or, just add us to your press release list. Email your press release to the email address above or send it to WF&FSA, 105 Eastern Avenue, Suite 104, Annapolis, MD 21403. We look forward to hearing from you! 

 

For more information on WF&FSA Events & Programs, visit www.wffsa.org 

 
   

whyWHY BOX STANDARDS?

Advantage Series on Standard Box Sizes for Wholesale Business

 

The Operations Committee is endorsing common box size standards for the industry, in order to provide simplification and accuracy in our supply chain process. The situation we have today is that the industry, with the exception of California, has few standards in box sizes and that situation is causing inconsistencies in freight efficiency and cost calculation.

 

To provide an example please look at the following:

 

Box A=41 x 10 x 9 box size packed 20 bunches is a 2.13 cubic foot half box

Box B=40 x 10 x 8 box size packed 20 bunches is a 1.85 cubic foot half box

 

If you are paying 2.00 per cubic foot, including fuel surcharge, to a transportation company from Miami, then the freight cost per box with the same contents inside is of course more expensive for Box A. While the difference may be relatively small per bunch, summed up over thousands of bunches, the difference adds up.

 

Freight cost Box A per box packed 20= $4.26 (per bunch .213)

Freight cost Box B per box packed 20= $3.70 (per bunch .185)

 

We often mention the fact that this is a pennies business and here is a real example where you gain a 15% decrease in your freight costs from Miami by shaving off an inch or two from the overall box dimension, without sacrificing anything to the contents of the box.

 

The WF&FSA Operations Committee is endorsing common box sizes, that have already been adopted by a few large suppliers in the marketplace and we encourage you to make your suppliers aware of this standard. The WF&FSA Recommended Standard Box Sizes are listed below.

 

WF&FSA Recommended Box Sizes

Colombia 

 

 

In future bulletins we will provide other examples of why standards make sense potentially to help you gain cost and logistics efficiency in your business.

 
memWF&FSA WELCOMES NEW MEMBER   
 
WF&FSA would like to welcome its newest Wholesaler member:Rokay Floral of Plymouth, MI. For more information on WF&FSA membership and its benefits, visit www.wffsa.org. 
 
 

annualWF&FSA ANNUAL OPERATING RATIO SURVEY TO KICK OFF MAY 15, 2013 

 

The era of automatic profits has come to a sudden halt. The industry has moved from trying to keep up with demand to battling sales, pricing, expense control and every other aspect of operations.

 

In turbulent times, financial benchmarking information is more important than ever before. The best source of financial benchmarks for the industry is the WF&FSA Operating Ratio Survey. The information in this report provides answers to questions such as "Are the most successful firms in a down market placing more emphasis on gross margin management or expense control?" In short, this report presents a wealth of financial and operating guidelines. In addition, it provides direct comparisons between your firm and other participating firms. This valuable information is, however, only available to firms that participate in the study. Participants will receive:

  • The Operating Ratio Report: A financial and operating profile of the entire industry.
  • Performance Analysis Report: A confidential report sent directly to you comparing your firm with similar participating firms. Many firms take this report to the bank to discuss loans and lines of credit.
  • Profit Toolkit Online: A Microsoft® Excel spreadsheet to assist your financial planning.

Many association charge their members for the opportunity to participate, but WFFSA offers this free of charge as a member benefit.  

 

Wholesalers - watch your email for details on May 15th.

afeAFE WANTS TO FUND YOUR FLORICULTURE RESEARCH

Do you have a floriculture research project that needs funding? If so, the American Floral Endowment (AFE) could do just that! AFE is calling for "Pre-Proposals" for 2014-2015 funding. For the current 2013-2014 cycle, AFE will fund $224,000 in research. Don't miss this opportunity to secure funding for your project!

Scientific Research Project Examples:
  • Management protocols for floriculture crops
  • Management systems for diseases of floriculture crops
  • Management systems for insects affecting floricultural crops
  • Post-harvest management systems for floriculture and plant breeding
  • Genetic engineering of floricultural crops

A full list of  scientific research priorities can be found on the AFE website. Research projects can last from one to three years and any reasonable but justifiable budget will be considered. Pre-Proposal applications are available on the AFE website and are due no later than June 1, 2013. For more information, contact AFE at (703) 838-5211.

 

Final research reports from previously funded AFE projects are available free of charge.

 

About AFE

The American Floral Endowment is dedicated to advancing the industry through funding floriculture research, educational grants and scholarships. More than $14 million has been funded toward research projects benefiting the entire industry, and more than $400,000 in scholarships designed to attract and retain the future leaders of the industry. To learn more about AFE
visit 
 www.endowment.org or www.facebook.com/americanfloralendowment.

LoyaltyHOW SALESPEOPLE CAN BUILD CUSTOMER LOYALTY 
Reprinted from NAW Smart Brief, May 1, 2013

When think­ing about who in the orga­ni­za­tion has the biggest role in cre­at­ing loyal cus­tomers, we typ­i­cally think of the after-sale ser­vice and sup­port teams. But the sales team has a crit­i­cal role to play as well.

 

In fact, recent research shows that of four dri­vers of cus­tomer loy­alty (com­pany and brand impact, prod­uct and ser­vice deliv­ery, value-to-price ratio, and sales expe­ri­ence), 53% is related to the sales experience.

 

What are some of the key com­po­nents of the sales expe­ri­ence that will drive cus­tomer loyalty?  

 

To read this full article, click here. 

ltkWF&FSA ACCEPTING NOMINATIONS FOR 2013 LELAND T. KINTZELE DISTINGUISHED SERVICE AWARD (LTK) 
 

The WF&FSA Board of Directors is accepting nominations for the 2013 Leland T. Kintzele Distinguished Service (LTK) Award. The award will be presented at the WF&FSA Floral Distribution Conference October 23-25th, at the Doral, Miami, FL.

 

The Leland T. Kintzele Distinguished Service Award is the highest honor presented by WF&FSA. The award was created to honor Leland T. Kintzele, an extraordinary individual in the floral industry. During his career, Kintzele took particular interest in both WF&FSA and the wholesale distributor. By demonstrating integrity, perseverance, decisiveness and fairness he did much to advance the association and the industry.

 

The LTK Award is presented each year to one individual who has:
  • Demonstrated dedication, ability and initiative to a degree that sets him or her apart from contemporaries;
  • Made significant contributions to the welfare and progress of wholesale florists in particular and the floral industry in general;
  • Provided distinguished service that exemplifies the outstanding character of Leland T. Kintzele, president of WF&FSA from 1963 to 1966.
Do you know an exceptional person that meets the above specifications? Than nominate that person for the LTK award and allow them to be honored at the WF&FSA Conference. To nominate someone, individuals must write a letter explaining how the candidate meets the attributes stated above. The letter and any supporting material should be sent to Patricia A. Lilly, WF&FSA executive vice president, at plilly@wffsa.org or mailed to WF&FSA, 105 Eastern Avenue, Suite 104, Annapolis, MD 21403. The deadline for all nominations is June 14, 2013.

 

The WF&FSA board of directors decides each year who will receive the LTK Award. Nominations are considered for two years. After two years, the nominations must be resubmitted to be considered. As previously stated, the award will be presented at the 2013 WF&FSA Conference. The winner will receive an etched glass vase with his/her name. A video dedicated to the winner will be added to the LTK section of the WF&FSA website and be added to the previous winners list. If interested, you can visit the WF&FSA website and access previous winners.  

smallCOMMODITY THINKING IS SMALL THINKING 
By Tom Reilly, author of Value-Added Selling (McGraw-Hill, 2010) 
 

Commodity thinking is small thinking. Buyers who view the products they purchase as commodities have a low opinion of their needs, too. Fundamentally, buyers that buy commodities are tacitly admitting that they are not special, and it is reflected in their buying behavior. "I buy nothing special because I am nothing special." They may not come right out and say it, but that is what I hear when they denigrate the value of a solution.   

 

This is called value-stripping in negotiating terms. The buyer thinks, "If I can diminish the importance of the solution that my supplier offers, that salesperson will lack the confidence and esteem to hold fast to their prices during the negotiation." How wrong can a buyer be! They are special. You are special.

  

Do not fall victim to this tactic. Do not view the customer's situation as "nothing special." Do not become a willing accomplice in the de-valuing of your solution. When a buyer attempts to convince you that all you sell is a commodity, you can respond this way: "Mr. Buyer, I am sorry to hear you say this because what you are really saying is that there is nothing special about your needs, and I respectfully disagree. We view each of our customers as special, regardless of the similarities of their needs. For me to accept that our solution is not special is tantamount to my saying that your needs are not special. Some vendors may tell you that, but we won't!"

 

Your solution is as special as you are. Do not diminish the importance of what you do. Embrace what makes you special and share that enthusiasm with your customers 

netWORK is published by WF&FSA  

105 Eastern Avenue, Suite 104, Annapolis, MD  21403 Call 888-289-3372 or 410-573-0400