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Unseal the Value of ISD Membership
Distributor Members
(Voting Category)
Distributor Members shall be business entities (such as corporations, partnerships, etc.) that:
- Are engaged in the distribution of fluid sealing products and/or fluid sealing services to industry, institutions, end users, and/or original equipment manufacturers, and who have engaged in such business for a period of at least one year prior to application for membership in this Corporation; and,
- Are not subsidiaries or affiliates of any fluid sealing manufacturer; and,
- Act as distributors for products manufactured by two or more manufacturers of fluid sealing products; and,
- Maintain their own inventory of at least $50,000 at cost of fluid sealing products. Fluid sealing products are defined as mechanical or hydraulic seals, packings or gaskets; and,
- Maintain a minimum annual gross sales of at least $250,000 of fluid sealing products and fluid sealing services.
Manufacturer Members
(Non-voting Category)
Manufacturer Members shall be business entities (such as corporations, partnerships and sole proprietorships, but not to include manufacturers' representatives or agents) that:
- Sell fluid sealing products primarily through distributors; or,
- Sell raw materials necessary to the manufacture or fabrication of fluid sealing products; and
- Are sponsored by two current ISD members, to be listed on application;
- maintain and provide annual evidence of product liability insurance of at least US$2 million.
Affiliate Members
(Non-voting Category)
Affiliate Members shall be business entities (such as corporations, partnerships and sole proprietorships) that provide specific products and/or services of value to the members of the Association, and who support the Association's mission and purpose.
Affiliate Members shall not be engaged in the production or sale of products and/or services that are handled in the ordinary course of business conducted by the Association's Distributor or Associate Members. Affiliate Members may not be manufacturer's representatives, agents or master distributors.
Meetings & Networking
ISD Annual Summit
ISD’s annual event provides members with a premier opportunity to engage with current and potential suppliers or distributors in a professional, collaborative setting. The event features the Associates' Showcase reception, where manufacturers present their latest innovations, alongside insightful educational sessions led by industry experts. Attendees can also participate in networking opportunities and exclusive activities, including golf, tours, and luncheons, enhancing industry knowledge and strengthening business relationships.
Communications
INBrief
A monthly e-bulletin informing members and prospective members of association news, programs, and educational events. The ISD INBrief also includes a Member-To-Member section, where members have the opportunity to advertise company news regarding personnel updates, business expansion opportunities, & new product announcements.
ISD Website - www.isd.org
Our members benefit from ever-evolving and expanding on-line services available through the ISD association website. Members are able to search for products from other members, register for the latest ISD e-Seminar or Summit, sign-up for UID, search for educational opportunities, or communicate with other industry leaders to share ideas, ask questions or explore new business concepts. It's round the clock service we know you depend on. You can even apply for or renew membership on-line.
Education
Education & Resource Center
ISD knows how hard it is to find the right information and resources for your specific business needs. That's why ISD's Education & Resource Center is devoted to providing members with up-to-date, relevant educational materials, training resources, management information, & other services covering topics of interest to ISD members.
Products are updated and added after each educational event such as an e-Seminar or the Summit, keeping members ahead of the game. Education & Resource Center resources are chosen to help you provide training for your employees that will have a positive effect on your company's bottom line and give your company that "competitive edge" in a constantly changing marketplace.
University of Innovative Distribution
As a founding association sponsor of the University of Industrial Distribution (UID), ISD is proud to offer what has become the most cost-effective and efficient program for providing top-notch education and training for your personnel.
Developed in conjunction with Purdue University, the UID program offers four days of classes taught by leading industry experts and covers a wide variety of industrial distribution topics, such as sales and market planning for the industrial distributor and the logistics of industrial distribution.
Management Tools
NEW Benchmarking Program Offered Monthly to Members
We are excited to announce a new Streamlined Monthly Benchmarking Program. This important new member benefit is designed to be completed in fewer than 10 minutes each month and provides participants with valuable market and company-specific insights.
Specifically, each month, participants will receive:
- General Industry Overview Report summarizing monthly trends (sales, orders, inventory, pricing / gross margin, forecasts, end markets...)
- Company Specific Results / Report is available via the dashboard with interactive charting capabilities. The report will include a detailed analysis of your company's results including a business cycle analysis, YTD, and forward-looking projections. Additionally, you will be able to compare your firm's results to a benchmark of other participating companies as well as important industry metrics.
Submit your data from last month now via the link below by using the same email address you use to log in to ISD.
If you have any feedback or questions, please contact Joe Calvello at 440.465.2234 or Calvello@EdgewaterRC.com.
Business Discounts
We pool our buying power to offer business services to the ISD membership that can provide solutions to everyday problems and cut costs. ISD presently offers programs in the major cost centers of insurance, freight management and communications. And ISD is always on the lookout for new programs that will enhance the daily operations of its members.
ISD Financial Benchmarking Report
The best source of financial benchmarks for the industry is the ISD Financial Benchmarking Report. The information in this report provides answers to questions such as “Are the most successful firms in a down market placing more emphasis on gross margin management or expense control?”
In short, this report presents a wealth of financial and operating guidelines. In addition, it provides direct comparisons between your firm and other participating firms. This valuable information is only available for free to distributor firms that participate in the study. Participants receive:
- The ISD Industry Report provides a summarized analysis of trends and insights garnered from the data of all participating FPDA distributors.
- Each participant will also receive a confidential Customized Benchmarking Report which compares their company’s metrics to distributors of similar, size, customer/product focus, and regional profile.
If you have any questions and/or are interested in participating, please email Lori Mason at info@isd.org.
The PROFIT Report
A financial and operating profile of the entire industry.
Profit Improvement Profile
A confidential report sent directly to you comparing your firm with similar participating firms. Many firms take this report to the bank to discuss loans and lines of credit.
