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NAFCD Releases 2016 Profit Analysis Report
Time:2016-11-02 01:27 Source:www.lmpiso.com Writer:lmpiso Click:
CHICAGO – The North American Association of Floor Covering Distributors (NAFCD) is pleased to announce the release of the 2016 NAFCD Profit Analysis Report (PAR), a robust financial and operational benchmarking report for NAFCD distributor members.
The report provides detailed financial results, compiled by a third party administrator, drawn from income statements, balance sheets and operating data supplied by participating distribution firms in the floor covering channel – providing a comprehensive but straightforward analysis and comparison of profitability among distribution firms.
“This exclusive data comes directly from independent, privately owned distributors and thus cannot be found elsewhere.” said Kevin Gammonley, NAFCD Executive Vice President. “PAR provides flooring distributors with a valuable benchmarking tool to compare themselves to distributors of like size as well as the overall distributor community while also providing them with specific ways to enhance their productivity and profitability.”
New this year, the survey featured revised and refined product categories covering sub product categories of flooring and new Key Performance Indicators (KPI's) such as Sample and Display Expense; Freight Recovery; Online Sales; and electronic data interchange between trading partners (fcB2B) were added.
The report is made available to participating distributors at no cost and at a greatly reduced cost to all NAFCD members. Learn more about this exclusive member benefit and all NAFCD products and services at www.nafcd.org.
About NAFCD
The North American Association of Floor Covering Distributors (NAFCD) is a North American, not-for- profit trade association serving distributors and suppliers of floor covering materials and related products. Its purpose is to enable wholesale floor covering distributors to be the most efficient, professional and profitable vehicle for bringing their suppliers' product to market resulting in the highest degree of customer satisfaction. NAFCD is dedicated to providing its members with opportunities to learn from each other, stay ahead of trends, and become better educated on ways to grow their business. For more information , visit www.NAFCD.org or contact NAFCD Headquarters at (312) 673-6836.
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