The FDA will
not address the requirements of Pedigree Papers until the end of 2006 or
the beginning of 2007. As a result, individual states have passed
legislation that requires implementation of some form of a Pedigree,
either in a paper format or an electronic format, before the Federal
legislation becomes effective.
DETAILS
Update on Florida Legislative
Effort
Your AVDA lobbyist has spent the last
month securing co-sponsors for the AVDA Veterinary pedigree exemption
bill. To date, we have seven House co-sponsors. In the Senate, we have
secured four co-sponsors. In addition, we have re-confirmed that the
Fla. Department of Health, AG’s office, Office of Drug Policy and
Statewide Prosecutor as well as the Florida Veterinarians Association do
not oppose the bill.
DETAILS
AVDA NEWS
AVDA 2006 Annual Conference Focused on Growing Your Business in the 21st Century
Are you looking for innovative ways to
grow your business in the 21st Century? Are you concerned
about ever-changing laws affecting how distributors and their customers
do business? Are you questioning why someone should do business with you
instead of someone else? Do you need to find a unique way to evaluate
customers, channel partners and employees, and improve your
communications skills at work and at home? If the answer to any of these questions is “Yes!” then AVDA’s 2006
Annual Conference is the place for you.
DETAILS
2005 Supplier
Recognition Awards
The ballot package for AVDA's 2005 Supplier
Recognition Awards will be mailed in February. The package will ask
you to rate your suppliers on a five-point scale in several areas
key to the distributor-supplier relationship relationship. AVDA will
compile the results and recognize the top manufacturers in an effort
to help all manufacturers understand distributors' needs and
facilitate discussion on how to improve the distributor-supplier
relationship.
Please take the time to participate when you
receive your ballot package.
Time to Register for the
University of Industrial Distribution
AVDA is pleased to once again
co-sponsor the University of Industrial Distribution (UID). UID 2006
is a concentrated educational program focused on the unique needs of
wholesale distributors. Known worldwide for excellence in education,
UID is sponsored by the leading distribution professional
associations, in cooperation with the Industrial Distribution
Program and Indiana University/Purdue University.
DETAILS
AVDA Welcomes New Board Members
AVDA welcomes two new board members to
serve on the AVDA board as Active Member directors. Jim Bradley,
President of Bradley Caldwell, Inc. based in Hazleton, PA, joined the
board in August. Jim is serving out the term previously held by Ben Coe,
formerly of Burns Veterinary Supply. Bradley’s term will expire in April
2008. Bradley Caldwell, Inc is a distributor of pet, equine, farm &
home, animal health, lawn & garden, pond and wild bird items.
Bruce Peterson of Columbus Serum Co. was
elected by the AVDA board in November to serve as an active member
director to complete the term previously held by Mike Gerlaugh of
Columbus Serum. Peterson’s term will also expire in April 2008.
Peterson is the president and co-owner of
Columbus Serum with his brother Bob. Bruce previously served on the AVDA
board from 1988-1999. Columbus Serum Co. is based in Columbus, OH and is
a distributor of animal health products in 20 states.
Legal Update
AVDA's legal counsel, Keeley, Kuenn &
Reid, provides updates on cases impacting the distribution industry.
DETAILS
AVDA Board to Meet at
NAVC in Orlando
The AVDA board will be meeting in Orlando, Florida
in conjunction with the NAVC conference at the Gaylord Palms hotel. The
meeting will be held on January 6, 2006. Topics for discussion will
include an update on state pedigree laws and on AVDA’s lobbying efforts
in Florida.
AVDA
Program Update: Get paid in two days instead of 30, 60 or more
When customers pay by credit card,
funds are automatically deposited at your local bank in just two
business days. AVDA has teamed up with the National Association of
Wholesaler-Distributors (NAW) and Solveras Payment Systems to provide
members with the latest credit card processing technology. The program
includes negotiated group discounts and a full range of processing
options designed to improve your cash flow, including a secure virtual
terminal that allows you to manage transactions from any computer with
Internet access.
The savings members can realize with
the negotiated rates may be significant, but the value of the program
goes beyond that. It also gives AVDA members a professional resource to
help them honestly evaluate their payment processing needs. In addition
to the negotiated discounts, a key feature of the new program is the
complimentary savings analysis. This professional service helps you
determine the true cost of your current processing service and shows a
real world comparison of the program savings.
Please call 1-800-613-0148
(toll-free) to take advantage of the free savings analysis and learn
more about the new program’s benefits.
NAW NEWS
NAW Executive Summit
Set for January 31
If you view 2006 as this decade’s finest
potential business environment, then NAW’s Executive Summit, January 31-
February 2, 2006, at the Fairmont Hotel in Washington, D.C., will help
you capitalize on maximum profits for your company.
DETAILS
IRS Issues
Proposed Regulation: Income Tax Deduction for Certain U.S. Production
Activities
On November 4,
2005, the Internal Revenue Service published
proposed regulations in the Federal Register
(70 Fed. Reg. 67220-67276) under Internal
Revenue Code section 199, on the recently enacted deduction relating to
domestic production activities. For background information please refer
to the Background section of this Advisory. The proposed regulations
expand on the initial guidance, Notice 2005-14, that was issued in
January 2005.
DETAILS
Lemelson
Patents on Bar-Code Technology Held Unenforceable by Federal Appeals
Court
Since 1992 hundreds of
companies have settled Lemelson patent infringement claims and paid over
$1.5 billion in licensing fees to the Lemelson Foundation. On September
9, 2005, the U.S. Court of Appeals for the Federal Circuit ruled that
the Lemelson patents are unenforceable.
DETAILS
New Publication from
NAW
NAW/DREF is pleased to release this new
book: Outlook 2006: An Executive's Companion to Facing the Forces of
Change. Outlook 2006 is a diverse collection of insights from
a power-packed group of 10 wholesale distribution analysts, authors,
educators, and consultants.
DETAILS
AVDA FINANCIAL NEWS
Driving Sales Volume: Thinking
Inside the Box
One of the oldest adages in the business is that
“sales solves all problems.” The reality is closer to “sales sure helps
with a lot of problems.” Either way, there is no denying the importance
of sales volume in impacting distributor profitability. DETAILS
Closing the Profit Gap
For the first time in several years,
profitability is on the rise. However, profit improvements are not being
enjoyed in equal proportion by all firms.
DETAILS
Statement of
Confidentiality
Most owners of closely held firms rightly
feel that their financial, operating and sales data are highly
confidential. Profit Planning Group is extremely sensitive to this
issue, and has developed secure methods of handling and protecting data
submitted by firms for industry performance surveys. As the largest
provider of profitability studies in the world, their procedures mandate
that they maintain confidentiality of all client data.
DETAILS
Distributor Profitability
Trends from 2002-2004
The five exhibits in this report
demonstrate how distribution organizations weathered the recession of
2002-2003 and recovered in 2004. On each of the exhibits, the “all
distributors” number reflects the median results across forty different
lines of trade where the Profit Planning Group collects data on an
annual basis.
DETAILS