The AVDA board recently formed a
manufacturer advisory group to identify topics of business interest for
both distributors and manufacturers to pursue at upcoming AVDA events.
The board met briefly with the group during the April board meeting in
Savannah and the group also met independently via conference call on
AVDA to Co-Sponsor Brakke
Networking Reception During NAVC
AVDA will co-sponsor the Brakke
Consulting, Inc. Networking Reception with the KC Animal Health Corridor
on Monday, January 21, 2008 from 4 to 6 pm at Auggie’s Jammin’ Piano Bar in the
Gaylord Palms Resort. The reception will immediately follow the Brakke
Consulting US Animal Health Industry Overview at the 2008 North American
AVDA Welcomes Four New
Members in 2007
AVDA welcomed four associate members in 2007. They
are: Bracco Diagnostics, Inc., Med Pharmex Animal Health, Summit Vet
Pharm and United BioNutrition, LLC.
New Online Services from
AVDA members may
already have noticed an additional button on the AVDA homepage called,
AVDA Online. AVDA Online is a web portal which allows members to pay
dues, register for events, purchase products, update contact information
and search for members on both individual and organizational levels.
To access AVDA Online login with your work e-mail and AVDA preset
password. Passwords should be entered in all caps AVDA + the initials of
your name. Ex. John Smith = AVDAJS. To add company contacts to AVDA
Online, contact the AVDA Association Coordinator, Tina Lavin at
443-640-1065 x114 or
AVDA members who have not renewed their dues may pay online. For step by
step directions to pay online
AVDA Online to verify your contact information.
AVDA Files Comments
with California Board of Pharmacy on E-Pedigree Rules
AVDA Executive Director, Jackie King,
recently filed comments on behalf of AVDA with the California Board of
Pharmacy, E-Pedigree Work Group. In her comments, she requested that
veterinary labeled drugs be exempt from definition of dangerous drugs
under section 4022 of the California Administrative Code. AVDA seeks an
exemption from the pedigree requirements for all veterinary labeled
Industrial Distribution is Sold Out
The University of Industrial Distribution
for March 2 – 5, 2008 at Indiana University/Purdue University in
Indianapolis, Indiana has sold out. Online registration is now closed
however those interested may fax in registration forms to be placed on a
AVDA, AEA Announce 2008
AVDA together with the Association
Education Alliance (AEA) present a wide variety of educational sessions.
The 2008 schedule has just been announced.
PROFIT Survey Available to
AVDA will once again offer members the
opportunity to participate in the PROFIT Survey. One of the most
important benefits AVDA members enjoy is the annual PROFIT Report.
Conducted by Dr. Al Bates and the team at Profit Planning Group, the
PROFIT Report is the best source for financial benchmarking information
in the industry.
GMROI: Good Intentions
Gross Margin Return on Inventory is one of
the foundations of inventory management for distributors. The enthusiasm
for GMROI rests upon the fact that it allows firms to make inventory
decisions from a return on investment perspective. The sad truth is that
despite the hoopla, GMROI actually produces biased financial results
which can lead to counter-productive actions. If anything, using GMROI
makes inventory management decisions less accurate.
NAW Insurance Trust Update
The NAW Insurance Trust is now available
to members in 24 additional states—making it available in 34 total
states. Members in tier 1 and 2 can request a premium quote today, and
are advised to do so approximately 60 days prior to their desired plan
New Publications from
The National Association of
Wholesaler-Distributors has released three new publications of interest
to AVDA members.