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PTDA 2007 Industry Summit Focused on Helping Members Communicate, Collaborate and Innovate for Business Success

Chicago, Ill. – November 7, 2007 -- For distributors and manufacturers in the power transmission/motion control (PT/MC) industry, the recent Power Transmission Distributors Association (PTDA) Industry Summit held Oct 18-20 in Palm Desert, Calif. provided an exceptional opportunity to network, learn and build business.

A premier industry forum, the 2007 program, themed “Communicate. Collaborate. Innovate.” brought together nearly 850 attendees, including 201 distributors and 377 manufacturers, and international delegates from Australia, Belgium, Canada, France, Germany, Japan, England, Mexico, the Netherlands and the United Kingdom.


Highlights of the 2007 Industry Summit included:

  • Opening keynote address by Dr. Robert Kriegel on change performance and innovation.  Dr. Kriegel provided attendees with real-life examples of companies that have gained the competitive edge by thinking outside the box and re-inventing traditional business strategies.
  • Thought-provoking economic update and short-and long-term forecasts by Alan Beaulieu.  With humor and wit, Beaulieu discussed regional and international economic trends and provided insights on how to prepare for an economic downturn.
  • Two workshops featuring J. Michael Marks of Indian River Consulting Group:
    • Marks’ first session offered innovative approaches to enhancing your company’s Web site to better serve customers and streamline operations.  “Web sites are best utilized as a means to connect with customers and suppliers, not sell products,” said Marks.
    • Based on information from his newest book “Working at Cross-Purposes: How Distributors and Manufacturers Can Manage Conflict Successfully,” Marks’ session focused on resolving conflicts successfully between distributors and manufacturers and provided attendees with ideas on how to best manage relationships for success.
  • With five generations converging in the workplace, traditional communication strategies are no longer effective.  In her workshop, Marilyn Moats Kennedy described generational characteristics and motivations and provided a handful of tips to improve communication.
  • Based on information in his new book, “Driving Growth and Shareholder Value: The Distribution Value Map(TM)” Neil Gholson of Deloitte Consulting explained how to use the distributor value map model to assess operational efficiency and market strategies.


Manufacturer-Distributor Idea Exchange (MD-IDEX)

Once again this year, the Industry Summit featured its signature table-top booth program—the Manufacturer-Distributor Idea Exchange (MD-IDEX). 

With more than 135 manufacturer and service provider participants, MD-IDEX offered a time-and cost-effective opportunity for members to conduct one-on-one, senior management discussions with current and potential business partners. 


Motion Control Workshop and Showcase

Helping members find new channels to market and grow their businesses stood out as a key element of the PTDA Industry Summit.

New this year, the Industry Summit offered members a four-hour workshop titled “Understanding Basic Motion Control Technologies and Components.”  Led by Charles Bartel of the Association of International Motion Engineers (AiME), attendees acquired an understanding of the four basic motion control technologies and learned how these technologies can be used in factory applications.

For the second year, the Industry Summit hosted the Motion Control Showcase, featuring exhibits from 25 motion control suppliers.  PTDA members considering expanding into the motion control arena and looking for additional suppliers to support current offerings viewed live demonstrations of the latest hardware and gathered information from the motion control market’s top players. 

For more information and in-depth coverage of the event, visit www.ptda.org/IndustrySummit

The PTDA 2008 Industry Summit will be held Oct. 30 - Nov. 1 at the Loews Miami Beach Hotel, Miami Beach, Fla.

Founded in 1960, the Power Transmission Distributors Association (PTDA) is the leading association for the industrial power transmission/motion control (PT/MC) distribution channel.  A U.S.-based trade association, PTDA represents 216 power transmission/motion control distributor firms with over 3,500 locations throughout North America and 13 other countries, as well as 200 manufacturers that supply the PT/MC industry. 

PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably.  For more information, visit www.ptda.org.

 

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