Celebrating
120
Years
1899-2019
|
|
News, Information and Commentary
July 2019
|
|
July 4th at Kenai, Alaska
|
|
A few thoughts from
Jon Flora, President & CEO
|
|
Recognized as "Top 100 Best Places to Work"
|
Throughout this year, we are recognizing our 120
th
anniversary of serving the commercial credit profession. We have prospered through multiple wars, economic events, and all kinds of business changes.
One thing that has remained consistent is that
our members have always come first.
That's as true today as it was in 1899.
|
|
The key part of our success and the ability to focus on you has been
the quality of our staff. The people that work at NACM Business Credit Services come to work every day with a desire to help our members in any way possible. Today, the average length of service is over 23 years.
Last week, we learned that NACM BCS is one of the
Top 100 companies to work for in the greater Puget Sound area
. The
Puget Sound Business Journal annually conducts an independent survey of employees at companies of all sizes. (There are nearly
100,000 companies in the Seattle-Tacoma-Bellevue metro area.) We fall in the smallest category by headcount and won’t know until late August how we ranked among the group. Whether we end up first or last, being included in this prestigious recognition during our 120
th year is special for our people, organization and the entire credit profession. I hope you share in our pride and enthusiasm.
I want to thank everyone on our crew for their commitment to our association and profession.
While this public acknowledgement of our organization is great news, the reality is that our employees tend to be a humble bunch. Yes, we are excited about this recognition from the region's premier business journal. A bigger story, however, is our active involvement in the community. NACM staff regularly give back through volunteering, financial support, and leadership to a wide variety of charitable organizations in and around where we live. Considering we are just 18 people, we cover a lot of territory when it comes to serving important causes.
Service above self is more than just a tag line. It’s real at NACM BCS. And, we especially love our dogs.
A partial list follows of the organizations we support. Those with an asterisk have also been sponsored by NACM Business Credit Services as a way to recognize employee and member involvement. The diversity of causes is especially notable as it speaks to the range of commitments and core beliefs of our people.
If you would like to know more about any of these organizations,
drop me a note and I will be glad to connect you with the right people.
Thanks for being part of our important work for the credit profession and for being active in our communities.
Have a great summer!
|
|
In addition to the serving the members of NACM Business Credit Services, our staff gives back to the communities in which live. Through volunteering, charitable gifts, or both, our people believe in contributing to the health of the cities and towns where we live and work.
Here's a sample of some of the organizations we support:
Auburn Valley Humane Society -
Federal Way, WA
ArtsWest -
West Seattle, WA
* Best Buddies -
Washington statewide
* Crohn's & Colitis Foundation -
Washington
Dreamcatchers
- National
Everett Gospel Mission -
Everett, WA
* Food Bank of Alaska -
Anchorage, AK
Foss Waterway Seaport -
Tacoma, WA
* Hawaii Food Bank -
Honolulu, HI
* Special Olympics -
Washington statewide
Northwest Center -
Greater Puget Sound area
* Northwest Harvest -
Washington, Alaska
Northwest Seaport Maritime Heritage Center -
Seattle, WA
* Pa'ani Challenge Girls Wrestling Tournament & College/Career Fair -
Honolulu, HI
Seattle Gospel Mission -
Seattle, WA
University of Washington -
Seattle, WA
* Vashon Chorale -
Vashon Island, WA
Vashon Island Pet Protectors -
Vashon Island, WA
Washington State University -
Pullman, WA
Whitworth University -
Spokane, WA
Yakima Valley Pet Rescue and Adoption Center -
Yakima, WA
|
|
Stop by a
Starbucks to visit with the Prez!
Starbucks
1144 Elliott Ave W.
Seattle, WA
July 11, 3:30 p.m.
Lincoln Plaza
2505 S. 38th Street
Tacoma, WA
July 18, 2:00 p.m.
|
|
Coffee with the Prez
Continues this month
|
Do you have something you'd like to ask our association President? Maybe you have an idea to share about how to improve your organization. Or, is there something bothering you about NACM? Whatever is on your mind, our president, Jon Flora, would like to hear from you and other members.
This month, he'll be on the Seattle waterfront between downtown and Ballard, and Tacoma. Check out the dates to the left for the dates and times.
Bring your ideas, comments and questions! See you soon!
|
|
Presenter:
Tracy Bullock
President, Bullock Training & Development
Phoenix, Arizona
Time:
12:00 - 1:00 PDT
11:00 - 12:00 AST
10:00 - 11:00 HST
1:00 - 2:00 MDT
Cost:
$30 MEMBERS
(per call-in line)
$79 NON-MEMBERS
(per call-in line)
We encourage staffs to gather together for our webinars. Use one registration for as many people as you gather in your conference room.
|
|
ONLINE WEBINAR:
July 25, 2019
Each generation has a different view of how to do things.
This session will address Generational Communication. our presenter will talk about recognizing the differences and how to think about adjusting to the various styles and backgrounds of each generation.
In this webinar,
Tracy Bullock
will discuss a topic that is coming up more often as Boomers begin planning their retirement strategy and helping to craft a succession plan for their employer.
Tracy is a S
enior Executive with extensive domestic and global experience in Strategy Design, Organizational Training & Development, and Sales Management with a Fortune 50 company. She has extensive experience leading multiple functions/departments with top U.S. and global customers, collaborating on breakthrough results.
|
|
|
|
Save the Date: September 12th
Early Bird Registration ends 7/15
|
In observance of our
120th
anniversary, plan to attend our new
Northwest Commercial Credit Conference
on September 12th. It will be an all-day event with excellent programs, including two top-rated speakers from the recent Hawaii Credit Forum.
NC3 be held at the conveniently located Airport Hilton Hotel right across the street from Seattle Tacoma International Airport.
|
|
Do you need a scholarship for N
C3
?
Ten full registration scholarships are available for
NC3 from our
Business Credit Foundation. To apply, check our guidelines and apply for an award by clicking the button below!
Deadline for application is July 15th.
|
|
Build your network and stay current on our activities through social media. Just click below.
|
|
|
|
Credit Research Foundation
Forum & Expo returns to Seattle
August 12-14
|
CRF is widely recognized as the foremost educational and research organization dedicated to the credit, accounts receivable and financial management community. The foundation provides access to education, research, best practices and dynamic solution sets.
The August Forum & Expo is their largest program of the year. And
it will be in Seattle this year
!
Topics Include:
·
Robotic Process Automation
– How, where and strategic advantages
·
Blockchain/Cryptocurrency
– Use in supporting contract needs
·
Payment Process Update
– For A/R and A/P
·
Chapter 22s
– Implications of flawed feasibility assessments
·
Credit & Other Insurance Applications
– Peer discussion on use and utility
·
Customer Deductions
– The new dynamics & what to know about supplier agreements
·
Economic Update
– The latest update from the Federal Reserve
·
The CRF Open Forum
- Real-time solutions to your pressing inquiries
To register, just click below and we'll look forward to seeing you there!
|
|
|
|
Save the Date: September 12th
|
NC3 is the place to be...on September 12th.
|
|
|
|
Western Credit & CFDD National Conference - October 23-25
|
The Western Credit Conference returns to Portland this Fall. Click below for more information and to register.
|
|
 |
APPLE PLANS TO MAKE SEATTLE KEY ENGINEERING HUB
Apple plans to add 2,000 software and hardware jobs in Seattle within the next five years, starting with 200 additional jobs this year, company officials said. The company is leasing 635,000 sq. ft. of new office space.
|
On Wednesday the Seattle-based company announced that it would be
shuttering its Anchorage store
in September. A Nordstrom Rack store will remain. It punches a 97,000-square-foot hole in downtown Anchorage’s already-struggling retail core.
Read more:
|
WENATCHEE TRUCKING COMPANY STRUGGLES IN SEARCH FOR DRIVERS
Semi trucks are still the spine of nearly all retail and commerce in America, delivering 71.5 percent of the nation’s freight. But thousands of companies, including Wenatchee-based Midland, are now struggling to find enough people to pilot them.
Read more about the struggle to recruit from the:
|
|
|
|
THE PUGET SOUND ECONOMY
BY THE NUMBERS
Here's a look at the Puget Sound economy in 20 charts including leading economic indicators. So far, so good. Read on:
|
AUTOMAKERS FACE "PROFIT DESERT" - EVs, SELF-DRIVING
The auto industry’s profit party is winding down, imperiling jobs, plants and products in a scramble to embrace electrified and self-driving vehicles. Read on:
|
HAWAII ARRIVALS UP;
SPENDING DOWN
May marked the seventh month in a row that more visitors came to Hawaii than the previous year while creating less economic benefit.
Arrivals have been growing since February 2017, but tourism spending has been falling every month since November.
|
McMENAMIN'S NEW TACOMA OFFERING IS A HIT
The famous and quirky Portland-based hospitality company opened the McMenamin's Elks Temple location in downtown Tacoma in April. Their restoration of one of the city's beautiful landmark buildings has been a major success. The multiple food offerings caught one writer's interest. Read more:
|
|
|
|
|
US LONG TERM MORTGAGE RATES FALL TO 3.73%
U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November 2016.
Read more from:
|
TRUCKERS SOUND ALARM
AS SHIPPING SOFTENS
This year has been rocky for the $800 billion trucking industry.
After a raucous 2018, 2019 has seen retailers and manufacturers moving less, according to the Cass Freight Index. Freight rates have dipped year over year for six months straight. Loads on the spot market, in which retailers and manufacturers buy trucking capacity as they need it rather than through a contract, have fallen by a chilling 62.6% in May year over year.
|
|
|
|
GIANT CRANES SHOW WHY THE NEXT FIGHT IN TRADE WAR COULD BE SO DAMAGING
The pictured towering Chinese cranes being delivered to the Port of Tacoma are the only models that can reach far enough and high enough to handle the world’s largest seagoing cargo carriers.
Along with dealing a fresh blow to China’s economy, new tariffs would mean cost increases for vital port modernization projects around the United States damaging local economies and imperiling U.S. hopes of keeping pace with foreign rivals.
|
US HOMEBUILDER CONFIDENCE FALLS FOR FIRST TIME
US homebuilder confidence unexpectedly fell in June for the first time this year due to concerns over trade and rising construction costs.
|
|
|
|
|
|
Looking for a job? Needing to fill a job?
|
Whether you are trying to hire or looking for the next stop on your career path, this is our most active link. And, it changes all the time. Be a frequent visitor and don't forget to send us your job postings. It's a FREE benefit of membership.
|
|
EVENTS & EDUCATION CALENDAR
|
|
Puget Sound Area
July 11
11:30 a.m. Floor - Duke's Chowder House
July 16
11:30 a.m. HVAC - Duke's Chowder House
July 17
11:30 a.m. Tacoma Construction -
Johnny's Dock
11:30 a.m. Food -
Duke's Chowder House
July 18
11:30 a.m. Wiring -
Duke's Chowderhouse
11:30 a.m. Eastside Construction -
13 Coins, Bellevue
Anchorage
July 17
12:00 p.m. Alaska Suppliers and Food -
Crowley Fuels
Honolulu
July 16
11:30 a.m. Hawaii Hospitality -
Hilton Waikiki Beach Hotel
July 18
11:30 a.m. Hawaii Building -
IHOP
(Location change for this month only due to the LA to Honolulu Transpac Yacht Race)
|
|
Stop by a Starbucks to visit with our President.
July 11, 3:30 p.m.
1144 Elliott Ave W.
Seattle, WA
July 18, 2:00 p.m
.
Lincoln Plaza
2505 S. 38th Street
Tacoma, WA
|
|
Upcoming Professional Programs
|
|
2019
Meetings, Seminars & Conferences
August 12-14, 2019 -
Credit Research Foundation
Forum & Expo -
Click here
Seattle, WA
September 12, 2019
- NC3 - Northwest Commercial Credit Conference -
Click here
Seattle, WA
October 23-25, 2019
- Western Credit Conference -
Click Here
Portland, OR
2020
June 14-17, 2020 -
NACM National Credit Congress
Las Vegas
|
|
Serving the credit profession from the heart of the Pacific Northwest
Since 1899
|
|
NACM Business Credit Services | 800-423-5710
P.O. Box 3665 - Seattle, WA 98124 | www.nacmbcs.org
All Rights Reserved
|
|
|
|
|
|
|
