NAED's The Current Winter 2014 | Page 16

Presort Standard U.S. Postage PAID St. Louis, MO Permit #3989 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS 1181 T I O N T I T L E )Lake N E C T I O N ( S E C Corporate C O N Drive Saint Louis, MO 63132 www.naed.org P: 888-791-2512 F: 877-312-9801 Look for an Enriched NAED PAR Report in 2014 TM The NAED PAR ReportTM is consistently ranked among the top tools in the industry by members. This year, the NAED will introduce enhancements to the report to make it an even more valuable resource. These adjustments in the design will make it easier to use as well as help to improve the consistency of responses. Enhancements include: • Inline instructions that will help you decide how to report expenses in the “same buckets” as other respondents, leading to more consistent responses and higher quality results. • The new survey administrator, Industry Insights, has processed more than 100,000 survey forms annually and have extensive experience managing benchmarking surveys for other wholesale distribution associations. • You will have the option of submitting your data EXACTLY has you have in the past – but will also have the option of uploading your data to Industry Insights via a secure website. • You will have access to a secure web portal where you can access your results, download reports and raw data for use in your favorite business intelligence software. • The web portal will also feature customizable dashboards and reporting functionality. • Participants can purchase a personalized Company Performance Report: a confidential, individualized reports of a participant’s own survey results shown alongside the appropriate industry benchmarks. For this survey to fully depict the industry, it is critical that NAED member companies participate. Your company’s involvement helps raise the bar for the entire electrical distribution industry. Participants can now use different methods to participate—from the traditional paper format, Excel-based imports and the online research portal—it’s easier to import data from your business. To learn more and to participate, visit www.naed.org/par. The completed surveys must be submitted by April 15, 2014. “PAR is one of the gifts the NAED offers to our company and to the industry. I can’t tell you how excited I get when the PAR report arrives. It’s our report card—I can compare our company to everyone else in the industry. It is invaluable to have this collective information, to look at your company and be able to compare yourself to other companies. It allows you to see what you are doing well, and what you need to work on. It’s something everyone should participate in.” -Maureen Barsema, vice president & CFO, B J Electric Supply, Inc. 16 NAED