FTS: An Acquisition That Expands the Network
Alongside SEFI's management team, Sébastien Heraut represented FTS, which was acquired by the group in 2023. This acquisition helped expand the network from 47 to 54 branches. It forms part of a series of acquisitions carried out since the late 1980s, enabling the group to strengthen its presence across France.
Working Better Together: The Distribution Committee's First Initiatives
In the morning, alongside the Board of Directors and the other committees, the Distribution Committee, chaired by Didier Duffaut, held its second meeting. Launched on 25 June in Courbevoie, it moved on to practical matters and presented two priority initiatives.
Improving Statistical Data Sharing
The first initiative focuses on improving statistical data sharing between manufacturers and distributors, particularly as part of GIFEC's monthly economic outlook report. Produced in partnership with Xerfi, this report tracks monthly sales trends among member manufacturers. It distinguishes between sales through distributors and those made directly to industrial customers. The more comprehensive the shared data, the more reliable the market insights for everyone.
Structuring Product Data
The second initiative concerns product data management. Product references, technical specifications and documentation: this information flows from the manufacturer to the distributor, then to the end customer. Its quality determines how effectively catalogues can be updated and how well distributors can advise their customers.
The next step for these two initiatives is to establish working subcommittees tasked with identifying concrete actions for distributors.
Upcoming GIFEC Events
On the agenda: management in the age of AI, followed by the French political landscape.
5 November: A Webinar on the "AI-Augmented Manager"
From 9:00 to 10:30 a.m., this webinar will explore how to manage in the age of AI and support an AI-augmented team. It follows the 3 February conference on the "AI-Augmented Salesperson", which focused on how AI can improve productivity. This time, the discussion will expand to team management.
1 December: A Conference on the Key Issues Surrounding the Presidential Election
The association will once again bring its members together in Courbevoie for a conference led by political scientist Olivier Costa, focusing on the key issues surrounding the upcoming presidential election. An opportunity to take a broader view of the French political landscape and its potential implications for business activity.