CTDA, NAFCD Join Forces to Study Distribution Best Practices

The Ceramic Tile Distributors Association (CTDA) and the North American Association of Floor Covering Distributors (NAFCD) announced that they will be collaborating for the first time on the 2021 CTDA-NAFCD Financial Benchmarking Program. The program is designed to optimize distributor performance in an environment of relentless pressure on profit margins. In 2021, the program looks to provide flooring and ceramic tile distributors with an even broader view of the distribution channel by sharing aggregated financial data across both membership networks.

Administered by third-party research firm, Benchmarking Analytics, the survey provides distributor participants a side-by-side analysis of their performance metrics next to industry averages, allowing for easy identification of areas for improvement and a better understanding of the "best practices" of high-performing distribution companies.