Below you will find a detailed schedule of the seminars at NBWA’s 86th Annual Convention & Trade Show. Make sure to register for the seminars you want to attend — click here to learn how to do so.
If you have any questions about the event or how to register for your preferred seminars, please contact Jenna Sugg at jsugg@nbwa.org.
SUNDAY, OCTOBER 8, 2023 | 1:00 – 2:45 p.m.
The Beer Wholesaler Financial Training Program
Kary Shumway
In this interactive financial training workshop, you will learn how to read wholesaler financial statements, create a dashboard of key metrics, and implement a cash flow management plan.
Participants will actively engage in break-out sessions to ‘crowdsource’ key performance indicators as well as ideas to control and reduce business expenses. At the end of the workshop, you will walk away with proven, profitable and actionable strategies that you can implement in your beer business right away to get results.
MONDAY, OCTOBER 9, 2023 | 8:00 – 9:15 a.m.
Dollars and Sense: Behavioral Considerations for the Next Generation of Distributors
Jeff Kreisler, JPMorgan Chase & Co., NA
Led by the principle that behavioral science can empower organizations and individuals to learn, adopt and grow, this thought-provoking presentation will seek to engage with current- and next-generation beer distributor owners & operators to discuss the following topics:
Embracing Organizational Change. How the next generation of leaders can harness the forces of change to maintain important traditions while embracing the opportunities of the next few decades.
Engagement, Incentives and Motivation in the Workplace. Discuss pivotal discoveries in behavioral science and their impact on workplace motivation and help business leaders understand what forces impact productivity, satisfaction, motivation and relationships with and at work.
Financial Decision-Making. Practical and entertaining insights of behavioral science to help create better financial decision-making structures for the irrational and illogical among us. Jeff will expose the hidden forces that secretly drive choices about money.
Hand Sustainability to Finance to Increase Profits & Decrease Pain
Neil Baier, Crescent Crown Distributing, LLC
Molly Reilly, Double Green
Operations teams have enough going on, and in today’s highly charged, high-cost, hot topic and getting hotter world, the last thing they need added to their plate is evaluating environmental, social, and corporate governance (ESG) programs. Translating financial returns and forecasting future costs and performance measurement are what finance gets paid for, which is why having your finance department take on sustainability makes sense.
Baier will share real-world examples of the costs and returns of the energy-saving programs deployed by Crescent Crown, along with the pains, hiccups, learning experiences and processes they now follow to save time and generate even greater profits. Reilly will join Baier to share tips on how distributors can measure what they treasure, forecast future energy costs and analyze actual returns to prove their success.
Building Systems: Retrofit vs. Replace, and how to Analyze, Compare and Take Action
Shawn Verbrugghe, HotWattEnergy, Inc.
Many wholesalers need to make decisions on how they will maintain, extend or improve their aging building systems. The variables of capital expenses, system lifecycles and inefficiencies, business growth, facility expansion and where owners are in their careers are all major factors that influence these decisions.
This session will help guide distributors through the process of determining if and when it’s time to retrofit or replace building systems. It will educate them on how to make quantifiable decisions on which direction is best for businesses and their unique facilities.
Distributors will learn how to make mechanical and financial decisions around replacing or retrofitting their refrigeration, HVAC and lighting systems and learn the why and how of comparing options, and how utility incentives and tax deductions can impact project decisions.
Today’s Competitive Portfolio: Dynamic, Agile, Nimble and Adaptive
Grant Barrett, In:trench Consulting Group
Matt Dahlstrom, In:trench Consulting Group
Darin Spence, In:trench Consulting Group
On average, distributors add approximately 100 new brands and packages every year. That complexity disrupts warehouses, creates inventory havoc and distracts selling efforts. A dynamic portfolio means having the right lineup of brands that adjusts with changing consumer tastes, yet efficiently retires the underperforming ones. This session will provide straight-forward solutions for adjusting and rebalancing your portfolio to meet ever-changing market conditions and consumer trends.
Maximizing the Potential of Your Sales Team and Brands
Alex Brewington, Iowa Beverage
Kristen Giger, Boston Beer Company
Cam Koorangi, Encompass Technologies
Tommy Riley, Encompass Technologies
The modern distributor salesperson represents generations of relationship building, community involvement, hard work and commitment. While technology eliminates some of the day-to-day functions of a sales rep, this doesn’t mean the role goes away entirely. The foundation of selling is built on maintaining strong relationships with customers, but if your sales teams are still spending the bulk of their time manually tracking inventory, collecting payments and taking orders, opportunities are being left on the table.
Distributor leaders will discuss the future of sales organizations, and how building a modern toolbox can enable your team to be more effective, efficient, and profitable. Panelists will share perspectives on how they’ve made technology a key component of their go-to-market strategy by enabling their team to utilize data, analytics, and eCommerce tools to drive sales.
TUESDAY, OCTOBER 10, 2023 | 8:00 – 9:15 a.m.
Strategies for Financial Success in Beer Distribution: Navigating Tax Regulations, Maximizing Profitability and Measuring Performance
R.J. Martucci, PKF O’Connor Davies, LLP
The beer distribution industry is a highly competitive and rapidly evolving business. To stay ahead of the competition and maximize profits, it’s essential for wholesalers to develop effective budgeting strategies and minimize tax liabilities.
This presentation will provide a comprehensive overview of financial strategies and best practices that wholesalers can implement to achieve financial success in their industry. Attendees will learn about the various tax regulations that affect the beer distribution industry, including federal, state, and local taxes; how to stay compliant with tax regulations and minimize tax liabilities through effective tax planning strategies; strategies for maximizing profitability, including optimizing pricing, managing inventory; and developing effective sales and marketing strategies.
You will also get valuable tips on how to identify key performance indicators and use financial metrics to measure performance, such as gross margin, return on investment on brands and products, and inventory turnover. By understanding and analyzing these metrics, attendees will be able to make data-driven decisions that drive profitability and success.
Being a Market Leader in the Evolving State of Post-COVID Employee Benefits
John Kirke, BevCap Management
Are you maximizing the recruiting and retention benefits of a strong employee benefits package? COVID and a hard labor market has created an opportunity for wholesalers to evaluate and upgrade employee benefits to better compete for valuable talent. This session will explore the current state of “table stakes” employee benefits, new perceptions, and best practices, as well as how to evolve your benefits strategy to separate your company from the competition.
Using the 2023 Wholesaler Survey Results to Enhance Your Annual Planning
Wes Verno, Verno Consulting, LLC
Every few years, Verno Consulting surveys hundreds of wholesalers on the most pressing operational issues and opportunities within the industry. Topics covered in the 2023 wholesaler survey include: NA and wine & spirit involvement and success factors, compensation structure, strategies to reduce employee turnover & improve employee retention, overcoming the CDL shortage, succession planning efforts, diversity in the workforce, managing SKUs and suppliers, service strategy, online ordering, and many more.
Verno will select the most relevant findings of the survey and present them during this engaging and forward-looking seminar. Attendees will receive a copy of the survey results and will be better equipped heading into their annual planning & budgeting season.
Let’s Talk E-Commerce: What It Means to Have an Omnichannel Approach
Moderator: Lori Scheiffler, Tamarron Consulting
Cameron Barratt, Heineken USA
Brian Eddington, Northeast Sales-GA and Skyland Distributing-NC
Bill Kraich, Encompass Technologies
Andrew Levy, Provi
The evolution of e-commerce has skyrocketed within beverage alcohol in the last few years. While the industry has been focused on the growth of consumer adoption around online ordering, B2B digital solutions have entered the market and will be significant drivers of revenue for the wholesale tier.
As distributors refine and build out their e-commerce strategies, it can be difficult to determine what playbook makes the most sense for the organization. This panel discussion, led by industry leaders, will discuss the importance of an omnichannel strategy to meet the evolving needs of your supplier partners, retail customers, and eager sales force. Attendees will walk away with actionable insights into how they can transform their e-commerce strategies and what new opportunities they can unlock.
How to Reliably Deliver Beer with Clean Energy Trucks
Steve Whaley, Propane Education & Research Council
Beer distribution fleets face unique challenges to reliably service their customers. From prioritizing duty cycle demands to meeting emissions regulations—all while still maximizing performance and minimizing costs—fleet owners must consider multiple factors when deciding on a clean energy solution for their fleets. This session will provide insight into how fleet managers with class 6 and 7 vehicles can transition to propane autogas to solve their clean fleet needs and improve their business practices. Using case studies of beverage delivery fleets running on propane autogas, the seminar will demonstrate how to save on operation and energy costs without compromising on reliability, range, or performance. Leaving this presentation, you will have a more realistic idea of how to get started with propane autogas to achieve environmental and operational sustainability without risking your financial sustainability.