Canadian Electrical Wholesaler

July 1, 2019

Carol McGloganBy Carol McGlogan

No one likes to hear that they are behind. And that is exactly what the results are when it comes to diversity within Electro-Federation Canada’s membership. Most within our industry already know this, but does everyone understand what the impact could be on our businesses? There are many studies and reports that show that diversity improves competitiveness. A study by McKinsey shows that top quartile performance in diversity yields between 15% and 35% improvements in profit. The Boston Consulting group shows a 73% improvement in innovation revenue among above average diversity employers vs. below average diversity employers. Innovation and profitability are ranked very high within our membership and if we want to succeed, we need to take a serious look at incorporating diversity into our workforce.

How did we compare? Women represent 24% of the EFC member workforce compared to 44% for the Canadian workforce; that’s an 83% difference! Women represent 26% of management positions within EFC member companies vs. 34% for the Canadian workforce — another gap of 31%. Visible minorities represent 11.7% of EFC membership vs. 22% for the Canadian workforce; we are just over half the national average.

We now have a benchmark, and we have further clarity on the benefits of evolving our employee base. Some of our members are well on their way in their diversity and inclusion initiatives and others require guidance. EFC’s role will be to continue with our benchmarking activities while also sharing best practices with members to help them along the journey. The EFC HR committee will be where the best practices and education reside. A separate executive communication initiative will be deployed to educate senior leaders on the importance of diversity and how EFC can help.

While we address diversity from a global perspective, our board also recognizes that we need to empower women within our membership to assist in their development and success in business. At the recent EFC conference in Quebec City, we held a women’s breakfast to better understand the barriers and successes women in our industry experience, so we can develop the appropriate support mechanisms.

Identified barriers included:

• family and workplace support
• female behaviours
• male behaviours
• gender bias
• industry bias
• industry and career exposure to women
• lack of mentors and sponsors
• organizational policies and issues within corporations
Positive experiences included:
• industry volunteer opportunities and exposure
• mentor programs
• networking events
• evolving organization design and corporate program
• availability and visibility of female role models
• training and development programs including conferences

The next steps for EFC will be to determine how we can compliment the many women’s initiatives that are already in existence with a focus on skills development and understanding the “game” of business and how to effectively succeed.

As with any initiative EFC takes on, the ultimate responsibility for implementation and execution remains with the membership. Our role is to provide information and support to help our members succeed and those who grab the baton to the finish line will win.

My call to action is to pay attention to the research and programming we will provide, evolve your diversity initiatives, and walk the talk. Results matter, talent is precious, we must move the industry forward.

Carol McGlogan is President & CEO, Electro-Federation Canada.

 

 

David GordonBy David Gordon

We’ve gone from looking at the coronavirus from afar to being in the middle of the coronavirus storm. It’s obviously changed the business and outlook for the year. While tragic, and disruptive, the phrase “this to shall pass” should be kept in mind.

Some thoughts regarding doing business in the coronavirus era:

1. Take care of your people.  If they are concerned about family, they are less focused on business. 

 

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Wholesale Sales - JanuaryWholesale sales increased for a second consecutive month, up 1.8% to $65.2 billion in January. While all subsectors reported higher sales, gains were concentrated in the motor vehicle and motor vehicle parts and accessories and the miscellaneous subsectors.

In volume terms, sales grew 1.7%.

Motor vehicle and agricultural supplies industries drive higher sales in January 

Sales in the motor vehicle and motor vehicle parts subsector grew 3.0% to $11.3 billion in January. 

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Dawn WerryBy Dawn Werry


It’s no surprise that the coronavirus is impacting manufacturing, with production site shutdowns and travel and meeting restrictions. In fact, last month, IHS Markit estimated that manufacturing was the third most impacted industry, behind wholesale and services.

This has hit manufacturers in various ways. Some companies, even those whose primary products or components are manufactured in the hardest hit regions, have seen little or no impact on their ability to meet customer demand. 

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Changing Scene

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LedvanceLEDVANCE has announced the closure of their Eastern Distribution centre located in Bethlehem, Pennsylvania and move its operations to their Versailles, Kentucky facility. Matt McCarron, Vice President of US and Canada Salesreleased the following statement:

In order to better serve our customers, LEDVANCE continuously looks at maximizing our business processes. As part of that effort, we have recently reviewed our supply chain in order to find synergies that will better service our customers.  Working with industry leading experts and distribution network is in the best interest of our customers, and our ability to maintain or improve our service levels.

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SouthwireOn March 23, 1950 Southwire was founded by Roy Richards Sr. Our organization, which would revolutionize the industry, started making wire and cable with just 12 employees and three machines.

Today, we celebrate 70 years of successful business, quality and service. From our humble beginnings, we have grown from 12 to approximately 7,500 employees and a footprint that has maintained its roots but grown into an internationally recognized organization with employees located in more than 40 cities in the United States and seven countries around the world.

 

 

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Peers & Profiles

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Sean Bernard is the Intelligent Controls Manager, Canada for Ideal Industries. Sean resides in ...
Christina Huang is a Senior Contracts Manager for Schneider Electric. She has a varied, technical ...
Jenny Ng is a Business Development Manager for the Power Solutions Division of Schneider Electric. ...
With over 60-years of experience in the lighting industry, CBC Lighting has established itself as a ...

 

Omid NadiOmid Nadi, Trade Marketing Manager with Ledvance, is a Ryerson University grad coming out of their Marketing management program.

“During my education I had a big interest in innovation, disruption, and data analytics,” he noted, which has influenced his career direction.

While he was in school, he spent four years in appliance sales, “that really gave me a foundation and an understanding of sales and communication.”

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