TFCA Info Magazine Spring 2015
Transcription
TFCA Info Magazine Spring 2015
Meet Your TFCA 2015 Board of Directors P 10 Spirit® Petroleum Looks at Credit-Card Skimming and Ways to Prevent It P 12 S P R I N G 2 0 1 5 • w w w. t f c a . i n f o Volume 7 • Issue 1 P.O. Box 101334 Nashville, TN 37224 615-242-4377 • Fax 615-254-8117 www.tfca.info 2015 Board of Directors Bobby Page, Hohenwald President Steve Isaacs, Morristown Senior Vice President & PMAA Director Rod Isaacs, Morristown Vice President John Kelly, Johnson City Vice President John Yeager, Morristown Vice President Mark Freshour, Greeneville Director at Large Brian Parnell, Brentwood Director at Large Marty Towater, Huntingdon Director at Large Marty Calloway, Maryville Immediate Past President Bo Lanier, Gallatin Affiliate Member Director William C. Kimbro, Nashville Treasurer Jim Weimar, Nashville Assistant Treasurer Seth Blanks, Hohenwald Next Generation Committee TFCA Staff Emily LeRoy, Executive Director Betty Brock, Membership and Meetings Director Legal Counsel Keene Bartley Published May 2015 TFCA Antitrust Policy All meetings and activities organized and endorsed by the Tennessee Fuel & Convenience Store Association observe and strictly adhere to all provisions set forth in the Sherman Act, the Federal Trade Commission Act and all other applicable antitrust laws. The Tennessee Fuel & Convenience Store Association and the editor of this publication do not necessarily endorse the statements made in advertising or contributed articles and are not liable for anything that appears herein. Always consult your own professional adviser before taking action on articles in any publication. Member of: Contents Transfer of Records to New Owners ........................................ 9 Meet Your TFCA 2015 Board of Directors .............................. 10 Spirit® Petroleum Looks at Credit-Card Skimming and Ways to Prevent It ............................................................. 12 Can You Prorate Pay for an Exempt Employee Who Worked a Partial Week Upon Separation? ..................... 15 About Federated Mutual Insurance Company ....................... 15 Boost Sales by Measuring the Right Things .......................... 16 TOSHA Begins Implementing New Federal OSHA Reporting Requirements February 24, 2015........................... 19 Welcome Adams and Reese as TFCA Legislative Counsel... 19 Departments From the Desk of the Executive Director..................................6 Calendar of Events .....................................................................6 President’s Corner......................................................................7 Preferred Vendors ....................................................................20 2015 Corporate Sponsors........................................................24 Advertisers ADD Systems ............................................. 22 www.addsys.com Modern Welding Co. of Owensboro, Inc.... 4 www.modweldco.com BIC .............................................................. 23 www.biclighter.com Murphy Oil USA, Inc. ................................. 18 www.murphyusa.com C & S Canopy, Inc. ...................................... 14 www.cscanopy.com Nashville Equipment Service, Inc. ............. 22 www.nashvilleequipment.com CITGO ......................................................... 14 www.citgo.com Petroleum Equipment Company ............... 17 www.peconashville.com Federated Insurance .................................... 3 www.federatedinsurance.com Phillips 66.................................................... 23 www.phillips66.com Florida Rock & Tank Lines Inc. ................... 13 www.floridarockandtanklines.com PM Environmental...................................... 23 www.pmenv.com H.T. Hackney ................................................. 8 www.hthackney.com RB Perry, LLC .............................................. 23 www.rbperryllc.com Marathon Petroleum .................................... 2 www.marathonpetroleum.com The Southern Co. Inc. ................................ 18 www.socomemphis.com TFCA.info is published by Innovative Publishing. Innovative Publishing specializes in creating custom publications for businesses and associations. To find out how your organization can have its own magazine, contact Aran Jackson at 844.423.7272 or [email protected]. www.innovativepublishing.com TFCA.info 5 FROM THE DESK OF THE EXECUTIVE DIRECTOR Be a Joiner Being a member of TFCA means that you have many opportunities to participate in activities that benefit and promote the association. These activities are also wonderful tools to help you gather information and make contacts that can benefit your company and your career. by Emily LeRoy Executive Director TFCA committees are open to all members. I encourage you to take a look at this list and see what activity might interest you. Most committees will meet on June 24 this year for an all-day meeting. This will allow you to participate in multiple planning sessions if you wish. Below is a list of TFCA committees. If you are interested in being on any of these committees, please contact me or Betty Brock. Convention Committee Co-Chairs: Mark Freshour, Greeneville Oil, and Bill Tindell, Service Tanks Duties: Plan the annual convention and serve as hosts, assist staff members during the convention Education & Information Resources Next Generation Co-Chairs: Ryan Higginbotham and Dustin McBride, Cox Oil Company Duties: Plan the education programs and oversee all communications, including mini-edition, magazine and website; currently revamping the TFCA website Chair: Seth Blanks, Highland Corporation Duties: Encourage participation by newer members in the association, plan education and social activities specifically for this group, assist with the summer event and sell mulligans to benefit the association PAC Insurance Special Events Co-Chairs: John Jewell IV, Tri Star Energy, and Bill Beach, Beach Oil Duties: Review all TFCA-endorsed programs and endorsement proposals, look for innovative ways to increase nondues revenue for the association Co-Chairs: Amy Mitchell, Southern Energy, and Tony Stephens, Marathon Petroleum Duties: Plan the summer event, organize volunteers and help work the event during registration Membership & Sponsorship Operations & Environment Co-Chairs: Wes Carruthers, Downey Oil, and Eric Cooper, Cox Oil Duties: Promote membership in TFCA, solicit new members, conduct annual review of the sponsorship program Chair: Brian Parnell, MAPCO Express Duties: Review technical and regulatory proposals, including rulemaking and policy changes by state agencies JUNE 23-24 TFCA Summer Event June 23 – Golf & Reception Hermitage Golf Course June 24 – Board & Committee Meetings Nominating Committee Finance Committee Education & Information Resources Committee Sponsorship & Membership Committee Next Generation & Special Events Committee Insurance & Affinity Programs Committee The Inn at Opryland Nashville, Tennessee CALENDAR OF EVENTS 6 JULY 1 UST/SW Board Meeting Tennessee Tower 9:30 a.m. AUGUST 5 UST/SW Board Meeting Tennessee Tower 9:30 a.m. TFCA.info PRESIDENT’S CORNER The Ride As previously expressed at our annual convention, I am very honored to have been chosen as your 2015 president! This year, I will celebrate 23 years with Highland Corporation. I can truly say that I enjoy my role at Highland and the challenges that our association encounters on a daily basis. Most of all, I appreciate the family values that I found at Highland. by Bobby Page President “When we reach the station, that will be it!” we cry. “When I’m 18.” “When I buy a new 450SL Mercedes Benz!” “When I put the last kid through college.” “When I have paid off the mortgage!” “When I get a promotion.” “When I reach the age of retirement, I shall live happily ever after!” enwald, Tennessee, where I began teaching in the local high school and coaching high school football. Our family became much closer, and in 1992, I was approached by David and Connie Adcox about coming to work for Highland. What a blessing that has been. Highland is a place that has family at the forefront of its values. I was very lucky that David saw a value in the Tennessee Fuel & Convenience Store Association and used it to expose me to our industry. I am indebted to this fine association, and I invite you to get involved and enjoy the train ride with me this year! After graduating as a civil engineer from the University of Tennessee in Knoxville, I spent a good amount of time project managing construction throughout the Southeast. Although I enjoyed the work, I did not like catching a flight on Monday and not returning again until Friday. With a wife and two young sons, I knew this schedule was not very fair to my family. I remember being in a hotel room talking to my son Bo, who was 6 years old at the time. He was telling me about his baseball game that I had missed. Wow! I was feeling so guilty. I remember thinking that my dad was always at my games. On my flight home the next day, I picked up the airline magazine and saw a story that changed my life. It was titled “The Station” by Robert J. Hastings. The story is about a train ride. It points out that many of us are guilty of living life with only the final destination in our mind. After returning home, my wife, Joyce, and I decided to move back to Hoh- SEPTEMBER 2 UST/SW Board Meeting Tennessee Tower 9:30 a.m. OCTOBER 7 UST/SW Board Meeting Tennessee Tower 9:30 a.m. NOVEMBER 4 UST/SW Board Meeting Tennessee Tower 9:30 a.m. SEPTEMBER 13-16 TFCA Convention Omni Amelia Island Plantation www.omnihotels.com/hotels/ amelia-island-plantation OCTOBER 10-11 PMAA Fall Meeting at NACS Show Westgate Las Vegas Resort & Casino Las Vegas, Nevada DECEMBER 2 UST/SW Board Meeting Tennessee Tower 9:30 a.m. Sooner or later, we must realize that it is not just about reaching the station. As the author notes, “The true joy of life is the trip!” So stop pacing the aisles and counting the miles. Instead, climb more mountains, eat more ice cream ... watch more sunsets, laugh more, cry less. (Give your boys some of you today!) Life must be lived as we go along. The station will come soon enough. OCTOBER 11-14 NACS Show/PEI Meeting Las Vegas Convention Center Las Vegas, Nevada TFCA.info 7 8 TFCA.info Transfer of Records to New Owners by Donovan Grimwood, Small Business Environmental Ombudsman In the course of doing business, many records are generated and retained. This is especially true when owning a facility that dispenses gasoline. In addition to sales, inventory and related records, owners also have to maintain records of line tightness tests and throughput, among other records, in order to be in compliance with the environmental rules that affect their facility. But what happens when a facility is bought or sold? A n existing facility’s history is told through records. A new owner of an existing facility doesn’t start with a blank slate and a newly constructed facility. Similar to when buying a used car and asking for a vehicle history report, some records need to be available to a new owner of an existing facility. Otherwise, he or she may be running a facility without ever knowing what is in the ground, when the last test was conducted, or the life expectancy of any protection system. The seller of an underground storage tank (UST) location should give records to the buyer as required by Section 0400-18-01-.03 of the state’s UST rules. The seller also has notification requirements. Within 30 days of the sale, the seller must notify the UST Division using the Seller’s Notification for Underground Storage Tanks (CN-0911). The seller must inform the buyer of the buyer’s responsibility to notify the UST Division using the Notification for Underground Storage Tanks (CN-1260). The seller must transfer to the buyer all documents required to satisfy the reporting and recordkeeping requirements for: 1. Reports of all releases including suspected releases 2. Corrective action plans 3. Corrosion expert’s analysis of site corrosion potential if corrosion protection equipment is not used TFCA.info 4. Documentation of operation of corrosion protection equipment 5. Recent compliance with release-detection requirements 6. Documentation of UST system repairs 7. Documentation related to closure of tanks Other records relating to the facility are not required, but the new owner may need to ask for them for his or her own environmental permits. These could include any vapor recovery systems installed, piping layout and manuals relating to the operation of systems in place at the facility. These records and documents will help the new owner understand how to maintain the system and also be able to complete the UST Notification and apply for an Air Pollution Control Permit. So it makes sense to pass this information along with the required records. If you have any questions about state environmental requirements related to the purchase or sale of a facility, contact the Small Business Environmental Assistance Program at 800-734-3619 or by email at [email protected]. Or contact the Division of UST at your nearest Environmental Field Office by calling 888-891-8332. 9 Meet Your TFCA 2015 Board of Directors Bobby Page, President Highland Corporation Hohenwald, Tennessee “I started working at Highland Corporation 23 years ago. Our owner, David Adcox, used TOMA to expose me to the industry. The opportunity to interact with the best in the industry gave me the resources and confidence to ask questions and take that gained knowledge to our day-to-day operations. I would encourage others to include their key people in TFCA as well.” Steve Isaacs, Senior Vice President & PMAA Director Pioneer Petroleum Company Morristown, Tennessee “Through membership in TFCA, our company has gained knowledge and information that has helped our business more than we ever expected. I would encourage all the members to become involved by attending as many conventions, meetings and educational programs as possible. Membership in TFCA is a necessity. The association is an invaluable link to our legislators and represents our interest in state and federal issues in this ever-changing industry.” Rod Isaacs, Vice President Pioneer Petroleum Company Morristown, Tennessee “TFCA is a valuable resource to help stay informed on regulatory issues, share new ideas, network with suppliers and advance the industry’s legislative agenda. Also, as a younger member, TFCA gives me the opportunity to learn from more experienced industry leaders.” 10 John Kelly, Vice President Mountain Empire Oil Company/ Roadrunner Markets Johnson City, Tennessee “TFCA is a great way to stay connected with other business people to discuss our ever-changing industry and to pool resources with regard to legislative issues.” John Yeager, Vice President Rogers Petroleum Morristown, Tennessee “Our industry is constantly faced with challenges, opportunities and change. TFCA assists its members in guiding us through the ever-changing landscape and is a strong advocate for us in both the state and federal legislative issues. TFCA keeps its members up to date on all regulatory and legislative issues, and we have access to voice our concerns to legislators and industry leaders concerning proposed changes in laws and regulations. The relationships that have grown from being associated with TFCA are priceless. Becoming a participating member of TFCA will benefit your company.” Mark Freshour, Director Greeneville Oil & Petroleum, Inc. Greeneville, Tennessee “In the petroleum and convenience store industry, we face new constrictions to our operations every day. There are constantly new obstacles to overcome, and it seems that there is always a battle being waged be it political, economic or social. The TFCA proactively works to be our first line of defense. They provide our company with forewarning of possible changes and trending issues and allow us a voice in the legislative process. This makes us a more productive company and gives us the ability to act quickly and intelligently on current issues.” TFCA.info Brian Parnell, Director MAPCO Express, Inc. Brentwood, Tennessee “It’s a bit cliché, but we have all heard ‘Work smarter, not harder.’ TFCA helps our members do that. It’s smart to have knowledge of critical industry changes well before they happen. It’s smart to be involved in an organization that is working to shape the laws and regulations that govern our business, and it’s smart to get to know local and national leaders in our industry. My involvement in TFCA has helped my organization meet the challenges of our industry.” Marty Towater, Director Billy Espey Oil Company, Inc. Huntingdon, Tennessee “In today’s ever-changing market, it is important to stay informed of issues and to be heard by our legislators. TFCA is critical in helping us meet these continual challenges. I cannot imagine NOT being a member of TFCA.” Jim Weimar, Assistant Treasurer J.B. Weimar, Inc. Nashville, Tennessee “I am confident that TFCA has a bright future. The second and third generations that are serving on the Board have knowledge of our industry and business in general. Their current technology and new ideas are helpful. Our company has depended on the information that our association partners provide for many years. Get involved!” Seth Blanks, Chairman, Next Generation Committee Highland Corporation Hohenwald, Tennessee “It would be very difficult to stay up to speed with new legislation and everchanging regulations without the support of TFCA. That, combined with the many educational and networking opportunities, is what makes TFCA an excellent resource.” Marty Calloway, Immediate Past President Calloway Oil Company Maryville, Tennessee “I know that our association’s reputation with state regulators is a huge asset. Those relationships generally allow us to achieve more favorable outcomes on regulations affecting our industry.” Bo Lanier, Affiliate Member Director Charles C. Parks Company Gallatin, Tennessee “TFCA members have the same common goal, and that is to be successful. I would encourage everyone to actively participate throughout the year in order to take full advantage provided by the opportunity for networking, educational sessions, committee involvement, and spring and fall events, as well as Day on the Hill. The more you participate, the more you benefit from your membership.” William C. Kimbro, Treasurer Tri Star Energy, Inc. Nashville, Tennessee “I’ve been involved with TFCA since 1974 and have enjoyed meeting people in the industry and developing many friendships and business relationships. We have respect for each other, even those of us who are competitors. TFCA is essential to our business and in the work they do at the state legislature and nationally, through PMAA. The support system is the key to pulling together as a team and accomplishing goals.” TFCA.info 11 Spirit® Petroleum Looks at Credit-Card Skimming and Ways to Prevent It by Anne-Marie Scott Change. It’s inevitable in any industry. In fact, it was the profound changes in the petroleum marketing industry caused by consolidations and mergers among major petroleum brands that gave rise to Spirit® Petroleum. The retail fuel brand is owned by the Petroleum Marketers Association of America (PMAA) and available to all members of the Tennessee Fuel & Convenience Store Association. PMAA created the Spirit® brand for one purpose: to help petroleum marketers thrive by addressing some of the major barriers to success in a challenging business environment — barriers like volume requirements, inflexible supply contracts and high branding fees. And the team at Spirit® fulfills its singular mission in other, less traditional ways, including looking at issues and presenting possible solutions that may help marketers make better-informed business decisions. One of those issues is the problem of credit-card fraud and identity theft. Thanks to new technologies designed to make things faster, easier and more efficient on both the buying and selling sides of the equation, the percentage of electronic transactions continues to rise, especially at the retail fuel pump. What customer doesn’t love the ease of making purchases with the simple swipe of a credit card, especially at the gas pump? And what dealer wouldn’t prefer managing finances electronically rather than tracking and safeguarding cash? But the advent of something new and improved can often bring risk with it, and it’s up to businesses and customers alike to stay educated and proactive to avoid potential pitfalls. 12 It’s an unfortunate fact that credit-card fraud is on the rise as criminals find ways to hack into consumers’ electronic transactions, reported Vera Haskins, president of Spirit® Petroleum. “Perpetrators have all kinds of tricks to steal individuals’ personal and financial information, and the consequences to victims can be costly and enormously inconvenient,” she said. “Particularly Thanks to new technologies designed to make things faster, easier and more efficient on both the buying and selling sides of the equation, the percentage of electronic transactions continues to rise, especially at the retail fuel pump. troublesome in our industry lately is the rise of ‘skimming,’ a way of stealing electronic data from credit cards used to make purchases at gas pumps and ATMs.” In the interest of finding out more about credit-card skimming and how it affects the petroleum marketing in- dustry, Haskins had a conversation recently with John Hamby, assistant to the special agent in charge at the Criminal Investigative Division (CID) of the U.S. Secret Service’s Washington headquarters. “The CID is tasked with protecting the national financial infrastructure, and investigates, among other things, threats to payment systems — including skimming,” Haskins said. “I wanted to get Mr. Hamby’s thoughts on both the severity of the problem and steps marketers might take to protect their businesses and their customers.” According to Hamby, credit-card skimming is defined as the copying of electronic data contained on the magnetic strip of a credit or debit card. The CID has been seeing this in the restaurant industry since the early 2000s, he said. “A server or cashier takes a customer’s credit or debit card to process a legitimate payment, then skims the card through a data-collection device before returning it. But it’s happening more at gas stations thanks to new devices that are installed directly on the pumps’ card-reader devices,” he explained. The stolen data can then be transmitted electronically anywhere in the world and used to manufacture TFCA.info sharp criminal mind to steal customers’ data. Thieves may be working for any number of loosely or well-organized criminal groups, many with international reach. to look the other way for a cut of the take makes a thief’s job much easier. Station owners should pay attention to the location of items around and on fuel pumps, especially pump toppers, he emphasized, and should look carefully if anything seems amiss. It’s a good idea to secure the access panels with better locks; there are small alarm systems available to alert to tampering, and even simpler solutions such as tamper-resistant tape that shows whether a panel has been accessed by anyone unauthorized. And encourage employees to be aware as well, and not to hesitate to call the police if they see someone loitering or suspect that a pump has been tampered with. Station owners and suppliers can best protect themselves and their customers by being very aware on many fronts. Hamby advised extra care in hiring especially. Station owners should always check references of prospective employees and keep turnover to a minimum. A station attendant working directly for the thieves or even willing Fuel customers need to know that stations where they do business are safe and trustworthy. Margins are already so small in the industry; station owners just can’t afford these disruptions to their business and their customers. Vigilance and a few precautions can go a long way toward defending against this fast-spreading type of crime. counterfeit cards for fraudulent purchases or cash withdrawals from the victim’s account or credit line. The skimming and data-storage devices are fairly easy to install on a fuel pump’s card reader once the access panel is opened, Hamby said. “Many pump panels have a common key lock, so access to the internal components is easier than it should be. A perpetrator will sometimes observe a location for quite some time to find out usage patterns, or they’ll make their move after hours,” he added. Data thieves will even sometimes install a tiny camera above the keypad, he noted, hiding it in or behind pump toppers; the camera records customers entering their PINs or ZIP codes, which gives the perpetrators everything they need to access a victim’s money. The software and hardware used to collect, store and transmit data are readily available, easy to use, small and mobile, according to Hamby. In other words, it doesn’t take a razor- TFCA.info 13 Our Mission: C & S Canopy, Inc. is dedicated to providing our customers with the highest-quality materials and workmanship at fair and market-competitive prices. Our mission is to establish a lasting relationship with each customer by exceeding their expectations in all areas, including service, workmanship and timely installations. This relationship will provide the foundation for repeat and referral business, thereby ensuring the longevity of our company. OWNERS: Keith Chambers and David Thomas SALES: David Stone – Cell: 205.612.2109 14 TFCA.info Can You Prorate Pay for an Exempt Employee Who Worked a Partial Week Upon Separation? Question: We have an exempt employee who separated in the middle of a workweek. We prorated his salary that week to reflect only the days he worked. He is coming back now, stating that he had worked 40 hours that week before he left. Does that have any bearing on the pay, or are we OK with leaving it as is? Response: Exempt employees generally must be paid their full weekly salary for all workweeks in which they perform any work. There are, however, certain limitation exceptions to this rule. Specifically, if an exempt employee starts or ends employment mid-workweek, the employer may prorate the employee’s salary accordingly. As for calculating the deduction, the Fair Labor Standards Act (FLSA) does not mandate one specific method for prorating an exempt employee’s salary in situations where deductions are permitted. Rather, 29 C.F.R. § 541.602(c) says that an employer may “use the hourly or daily equivalent of the employee’s full weekly salary or any other amount proportional to the time actually missed by the employee.” Thus, there are a number of methods the employer may utilize. To that end, it is certainly permissible for an employer to calculate a day rate and then multiply by the actual number of days worked, regardless of the number of hours actually worked. In other words, the number of hours does not have any bearing on the pay if the method you used to prorate the employee’s salary was the daily (rather than hourly) equivalent of the employee’s full weekly salary. For the full text of the statute, please see www.gpo.gov/fdsys/pkg/CFR2012-title29-vol3/pdf/CFR-2012-title29-vol3-sec541-602.pdf. © 2014 Advisors Law Group, All Rights Reserved. To learn more about the Federated Employment Practices NetworkSM, contact your local Federated marketing representative, or visit www.federatedinsurance.com. About Federated Mutual Insurance Company For more than 110 years, Federated has helped business owners in a variety of industries get the right insurance coverage to protect their business and employees. The governing boards of hundreds of local, state and national affinity partners recognize Federated as a quality company, which is why they exclusively recommend Federated’s products and services to their members. Backed by unrivaled personal service and a passion for risk management, Federated can help you make your company even better. Many of your business insurance needs can be covered through Federated. In addition to customized insurance coverages, Federated’s industry-leading risk management support is evident in the value-added services it delivers to each client. Clients have access to resources specifically designed to help them develop their own solid risk management program, using proven techniques and services • Federated’s Shield Network® – an online source for risk management support • The Risk Management Resource Center – remote risk management consultation with trained risk consultants • Risk Management Academy Seminars – informative sessions that offer training and support for your company’s designated risk manager and provide insight into your industry’s loss control needs TFCA.info • Federated Employment Practices NetworkSM – an online resource for employment law and human resources questions Federated’s direct sales approach is also unique in the insurance industry. You are guaranteed the personal touch from Federated’s knowledgeable marketing representatives, starting even before you become a client. Your relationship with your Federated representative can be a valuable part of your total insurance package. Federated Insurance is a mutual company headquartered in Owatonna, Minnesota, with regional processing offices in Atlanta and Phoenix and several service offices located throughout the country. Federated operates in the contiguous 48 states. Federated is rated A+ by A.M. Best. Federated Mutual Insurance Company 121 E. Park Square • Owatonna, MN 55060 Phone: 507-455-5200 • www.federatedinsurance.com 15 Boost Sales by Measuring the Right Things by Betsi Bixby President, Meridian Associates, Inc. Do you ever get frustrated with your sales team? Do you wonder if they spend their time well? Have you tried a bunch of different compensation plans and maybe even tried activity measures as part of your commission structure, but you were dissatisfied with lack of significantly better results? If so, you are not alone. The recently promoted CEO of Safeway, who makes an estimated cool five million dollars annually per his Businessweek profile, was recently quoted as saying all good management takes is four simple steps: 1. Tell them (what the measurable goal you want is) 2. Show them (what you want them to do) 3. Watch them (as they do what you told them to do) 4. Coach them (to be better) It’s a simple formula, but many marketers, when it comes to their sales teams, get stuck on the first step. In petroleum sales, what exactly should be measured? One of the most fruitful 30 minutes you can ever spend to boost sales is to brainstorm five to seven measures for each portion of the revenue equation. The old-fashioned way to measure a salesperson was simply by sales dollars brought in the door. You let the salesperson know that you expect X dollars in sales or X gross profit per month, and that was all you measured. While incoming sales are important, actual sales are a result of two other key components. We call it the revenue equation. The first component is frequency of the right activities, and the second component is competency — being good at critical skills. So the revenue equation is: R = F + C (Revenue = Frequency + Competency). One of the most fruitful 30 minutes you can ever spend to boost sales is to brainstorm five to seven measures for each portion of the revenue equation. Here are some examples to get you thinking: Revenue — Some good measures are sales for the month versus budget, sales year-to-date versus budget, total pipeline (estimated dollar value of future sales) and percentage of sales to brand-new customers. If certain products must be sold more than others to achieve desired revenue growth, then consider setting specific product budgets and measure actual to budget by the most important products — for example, DEF budget to actual. You likely have unique aspects to your business that should have viable measures. These are just a few to stimulate your thinking. Frequency — These measures should relate to the contacts, actions and sales-maximization activities your team needs to do to be super successful. To help you with this portion of the equation, you might ask yourself, “What does my top salesperson do differently, or how does he or she spend his or her day differently than my lowest achievers?” For instance, you could include the number of appointments made per week, the number of solutions presentations to decision-makers per week and the number of touches with “top 20” desired target prospects per month. If you use a CRM to track your sales process, which I highly recommend, a good measure is the number of sales 16 TFCA.info progress stage movements per week. Many marketers like the closing percentage (sales compared to number of presentations), etc. Let your mind wander to what contacts and activities are the most useful to produce great sales quickly. For instance, you might see that low producers present in front of non-decision-makers, while high producers get in front of the right people. If so, you would want to measure the percentage of decision-maker presentations to total presentations. Any differentiator you can measure is fair game. Competency — These measures should cover critical competencies as simple as product knowledge to as complex as the ability to accurately complete a return-on-investment worksheet calculation for a complicated sale or resiliency to rejections. Good salespeople connect emotionally with their prospects, showing a total command of product features and benefits plus the more complex skill of helping TFCA.info a prospect emotionally experience the product before purchase. Your measures should capture salespeople’s levels of personal analysis activities to find their own weaknesses and seek and implement continuing education that will drive up needed competencies. Involving your team in setting these measures can provide interesting discussion and insight about specific competencies needed for sales success at your particular company. As you select your five to seven measures for each of the three elements of the revenue equation, make sure each one can be monitored easily and without a lot of administrative costs, ideally fully automated. When finished, you have a 15- to 21-point report card, masterful for revealing to each salesperson exactly what he or she needs to do to be successful and how he or she is doing in each area. Once the report card is in place, engage your team members in self- assessment, comparing their self-assessments to your observations (remember, number 3 is “Watch them”!). This dialogue allows for continuous improvement from a positive perspective. It also facilitates management and sales staying on the same page. If these concepts make sense to you and you would like to explore more about sales success in the current competitive environment, we will be exploring this topic at our next Focus on Competitive Advantage event attended by some of the best marketers in the country, of all different sizes and industry sectors. You can find out more by visiting www.bestpetroevent.com, or reach out to my office at 817-594-0546. I wish you super-successful selling; big increases in revenues and profits from happy, satisfied customers; and sales personnel who know and do exactly what is needed to rocket your company to its next level! 17 Debby Jenkins Wholesale Territory Representative (205) 617-8635 [email protected] Supplying the petroleum needs of our customers throughout the State of /iiÃÃii. We offer gasoline and diesel products from the following terminal supply points: -6 * "86 * // "" * *- Murphy Oil USA, Inc. has been a steady, reliable, & competitive supplier of petroleum products for many decades. Our market areas includes locations along the Colonial and Plantation pipeline systems in the Southeast, and the Magellan and Explorer pipelines in the Midwest. In addition, Murphy has exchange agreements in place to lift products at various terminals throughout the market area. This flexibility and scale allows us to provide low cost, dependable fuel supply to our wholesale customers throughout our supply chain. Visit our web site at: KWWSFXVWRPHUFHQWHUPXUSK\RLOXVDFRP 18 TFCA.info TOSHA Begins Implementing New Federal OSHA Reporting Requirements February 24, 2015 Effective February 24, 2015, there will be a few key changes to the record-keeping rule: The new rule retains the exemption for any employer with 10 or fewer employees, regardless of its industry classification, from the requirement to routinely keep records. The rule expands the list of severe work-related injuries that all covered employers must report to OSHA. The revised rule retains the current requirement to report all work-related fatalities within eight hours and adds the requirement to report all work-related inpatient hospitalizations, amputations and loss of an eye within 24 hours to OSHA. The final rule will allow TOSHA to focus its efforts more effectively to prevent fatalities and serious work-related injuries and illnesses. The final rule will also improve access by employers, employees, researchers and the public to information about workplace safety and health and increase their ability to identify and abate serious hazards. For more information, please recordkeeping2014/index.html. visit www.osha.gov/ “This critical data will provide TOSHA with valuable information that will help identify workplaces where workers are at risk.” — Steve Hawkins, TOSHA administrator For a list of all the TOSHA local offices, go to www.tn.gov/ labor-wfd/tosha/toshaoffices.shtml. Employers are required by law to report all workplace fatalities or catastrophes (three or more employees hospitalized from one incident) within eight hours of occurrence. The tollfree number to call to report the incident is 800-249-8510; if it is after hours, please call federal OSHA at 800-321-OSHA. Welcome Adams and Reese as TFCA Legislative Counsel TFCA is pleased to announce a partnership with Adams and Reese LLP. Joining our team in 2015 are Brad Lampley and Holly McDaniel. business and other strategic objectives. Our work takes us to the legislative and executive branches at the local, state and federal levels. Our approach is characterized by building coalitions, addressing public affairs challenges with crossfunctional teams and pursuing bipartisan strategies. Adams and Reese is pleased to represent TFCA in the General Assembly. Brad A. Lampley Partner in Charge [email protected] Holly L. McDaniel Governmental Affairs Advisor [email protected] Some of you may have met Holly and Brad at the Day on the Hill. They will both attend the summer event and the annual convention, so make a point of introducing yourself! Tennessee Governmental Relations At Adams and Reese, we understand that a broad range of public policy tools can be applied to achieving our clients’ TFCA.info Adams and Reese LLP www.adamsandreese.com Fifth Third Center 424 Church Street, Suite 2700 Nashville, TN 37219 615-259-1450 No representation is made that the quality of the legal services to be performed is greater than the quality of the legal services performed by other lawyers. Contact: Charles P. Adams Jr. 19 PREFERRED VENDORS The firms listed below are TFCA’s affiliate and supplier members. When looking for products in their respective lines, they are deserving of your preferred consideration. Loomis Dan Denton (615) 227-4370 AFFILIATE MEMBERS ADD Systems Sharon Scrinzi (973) 584-4026 Coca-Cola Bottling Company Consolidated Jed Thomas (615) 783-2380 First Regents Banc Services & Equipment, LLC Mike Powell (877) 711-3127 AIMS Wanda Woodard (318) 807-9319 Commonwealth-Altadis, Inc. Kenny Wall (615) 686-6281 Florida Rock & Tank Lines, Inc. Henry Mabbett (904) 396-5733 AIR-Serv Group/Air Valet Chris Stockwell (800) 766-1247 Compliance Engineering Mark Harper, P.E. (615) 374-4745 Fortier, Inc. Andy Cunningham (901) 756-8188 Allied Energy Corporation Barbara Lyons (205) 925-6600 Core-Mark International Lorne Skinner (770) 336-9502 Frito-Lay David Alder (615) 391-1847 Altria Group Distribution Company Jeff Young (615) 764-4410 The Crichton Group Joe Lacher (615) 383-9761 Froyoz Yogurt LLC Terry Bateman (865) 805-5854 Mid-South Pump Sales & Service, Inc. Garland Bissinger (615) 834-8646 AMCON Distributing Co. Chad Pickel (931) 484-5155 DADSCO Andrew Bennett (662) 566-2047 Fuel Masters Dennis Faust (866) 455-3835 MillerCoors Julie Edwards (615) 500-4523 American Petroleum Sales & Service Ron Meyers (662) 342-6700 Dupré Logistics, LLC Mark deClouet (800) 356-3659 Golden Flake Snack Foods, Inc. Bud Miller (615) 832-1556 Miller Equipment Company J. Miller (865) 494-7159 E.T. Products Co., Inc. Brian Neer (574) 546-2129 Grace Trailer Service, LLC Tommy Edwards (901) 775-9744 Mr. Canopy Phillip Weston (501) 941-2533 Eagle Transport Corp. E. Jones (252) 937-2464 The H.T. Hackney Co. Mike Del Aguaro (865) 717-6800 Modern Welding Company of Owensboro, Inc. Kenny Payne (800) 633-0571 Eby-Brown Company Kenneth Denney (919) 394-8287 Hayes & Sons Construction, LP Paul Hayes (731) 968-8540 EES Consulting Dan LeVan (423) 602-5393 Heartland Payment Systems Thomas Dole (972) 295-8679 Energi Insurance Services Edward Scott (978) 531-1822 Hunt Brothers Pizza, LLC Julie Whittington (615) 259-2629 Enloe, Inc. Neil Winter (803) 648-1714 Kenan Transport Company Bill Wilson (330) 491-0474 Federated Insurance Stephen Hood (601) 573-2710 LBMC Tim Sturm (615) 309-2303 First Choice Services, Inc. Ron Porter (423) 893-9035 Lil Drug Store Products, Inc. John Guthrie (662) 801-3672 Anheuser-Busch, Inc. Martin Kerrigan (615) 370-5038 Argus Media Cortney Becker (713) 968-0019 BIC Corp. David Houston (865) 474-9405 Borden Dairy Mark Warmoth (859) 489-3560 C & S Canopy, Inc. Keith Chambers (205) 755-1581 Charley Biggs Chicken/ Southern Food Systems Grant Hays (800) 776-5100 Charter South, Inc. Jeff McLeod (205) 941-1173 Clean Fuels National Barry Story (360) 346-2500 20 Lorillard Tobacco Company Randy Hembree (901) 338-0970 Lucas Ford Associates, Inc. Neely Ford (615) 377-5773 Lundberg Letter Trilby Lundberg (805) 383-2400 Monster Energy Company Gary Carroll (615) 438-1425 D.R. Mozeley Construction Group Tyler Truxell (704) 394-0133 Musket Corporation Divina Villenueva (713) 332-4815 Nashville Equipment Service, Inc. Gary Beasley (615) 297-9597 National Park Transports Lloyd Willis (501) 623-2141 National Tank Monitor Rick Hardy (800) 649-8265 TFCA.info Neely Coble Company, Inc. David Aymett (615) 244-8900 Nestlé Waters of North America Craig Stephenson (276) 386-2848 Charles C. Parks Company Bo Lanier (615) 452-2406 Pepsi Beverages Company Barry Thomas (865) 388-5779 Performance Fueling Specialists Jim Grant (865) 688-7509 RB Perry, LLC John Heins (865) 297-7045 W.L. Petrey Wholesale Co., Inc. Bill Jackson (334) 265-0964 Petro Services, Inc. Sidney Lester (865) 983-7785 Petro Tech Consulting, Inc. Don Reeves (931) 548-2160 PetroActive Real Estate Services, LLC Mark Radosevich (423) 442-1327 Petroleum Business Brokers, LLC Larry Fisher (404) 542-3404 Petroleum Card Services Liz Concannon (866) 427-7297 Petroleum Equipment Company Ron Ferrell (615) 321-5229 Petroleum Transport Co., Inc. Jim York (800) 782-8785 Philadelphia Insurance Companies Terri King (614) 726-3810 PM Environmental Greg Stephenson (615) 866-4115 Pro Tech Services David Montgomery (931) 498-6506 TFCA.info Quantum Environmental & Engineering Services, LLC George Hyfantis (865) 689-1395 R.J. Reynolds Tobacco Co. Stephen Kottak (336) 741-3372 RapidXchange Chris Row (865) 806-3465 RBM Company, Inc. Susan Maples (865) 524-8621 Red Bull/BDT Beverage David Toman (615) 742-3771 Royal Cup, Inc. Lisa Richmond (800) 366-5836 S & D Coffee & Tea, Inc. Deborah Thevaos (800) 933-2210 Tanknology Inc. Brian Derge (800) 964-0070 ExxonMobil Fuels Marketing Corp. Patricia Sherrill (651) 735-7953 Team Modern Distributors Jim Holton (800) 880-5543 Flint Hills Resources, LP Chuck Haynes (770) 625-3411 Tennessee Education Lottery Corporation Sidney Chambers (615) 324-6500 Gulf Oil Meredith Sadlowski (508) 270-8300 Tennessee Petroleum Council (Div. of API) Mike Williams (615) 244-6290 TFG TN, LLC Dhari Alqaisi (504) 301-2505 Total Security Solutions Jim Richards (800) 513-1468 Tri Star Transport Tim Mitchell (615) 687-4200 Huguenot Fuels Kristen Sharp (866) 515-1552 Marathon Petroleum Company LLC Tony Stephens (615) 291-9515 Murphy Oil USA, Inc. Debby Jenkins (205) 617-8635 Phillips 66 Sam El-Chibani (865) 966-6791 Placid Refining Company, LLC Adam Moye (865) 288-3747 Santa Fe Natural Tobacco Company Chris Flaherty (813) 545-5380 Turner Holdings, LLC/Prairie Farms Jimmy Crownover (731) 424-6455 Service Tanks Jack Bilyeu (800) 366-5413 United Pump & Controls, Inc. B.J. Benton (770) 662-0440 Shell Oil – Motiva Enterprises, LLC Jennifer Weatherly (281) 610-2659 SignResource Identity Group Jeff Ogle (865) 771-5676 Usher Transport, Inc. Jesse Gosman (502) 449-4000 STI Fuels (Superior Transport) Don Newton (706) 295-2285 Snyder’s Lance Jeff Verrico (412) 744-4358 Waste Tech Service Ann Johnson (615) 500-1234 Sunoco, Inc. Tony Lauro (704) 721-0006 Solaray Corporation Nick White (918) 227-0722 Worldpay Scott Gordon (980) 236-7140 Valero Marketing & Supply Co. Scott Hamlin (251) 607-0400 South Eastern Canopies James Smith (205) 669-9955 SUPPLIERS BP Products N.A., Inc. William Dublinski (615) 472-8615 The Southern Company, Inc. Eric Scott (901) 345-2531 Southern Pump & Tank Co. Jody Sailors (865) 546-4921 Stampede Transportation, LLC Clint Johnson (501) 569-9999 CHS, Inc. Justin Schmidt (651) 355-8552 CITGO Petroleum Brad Dean (918) 625-0307 Colonial Oil Industries, Inc. Ross Rogers (828) 324-4415 21 To advertise in future issues of TFCA.info or the Membership Directory, please contact Kelly Arvin at 844.423.7272 or [email protected]. www.innovativepublishing.com 22 TFCA.info TFCA.info 23 TFCA P. O. Box 101334 Nashville, TN 37224 PRSRT STD U.S. POSTAGE PAID CHAMPAIGN, IL PERMIT NO. 100 2015 Corporate Sponsors Sponsors as of April 30, 2015 The following sponsors have already committed their support for 2015 TFCA programs and initiatives. Want to add your company to this list? Contact Betty Brock at 615-242-4377 or [email protected] for details. PLATINUM GOLD SILVER BRONZE BIC Corporation CITGO Petroleum First Choice Services LBMC Mid-South Pump Sales & Service Nashville Equipment Service Petro Services, Inc. Petroleum Equipment Company Placid Refining Company PM Environmental Santa Fe Natural Tobacco Sunoco, LLC Team Modern Borden Dairy C & S Canopy, Inc. Commonwealth-Altadis, Inc. Eagle Transport Corporation First Regents Banc Services & Equipment, LLC Florida Rock & Tank Lines Frito-Lay Huguenot Fuels Hunt Brothers Pizza MillerCoors Modern Welding Company of Owensboro Monster Energy Nestlé Waters of North America Phillips 66 RapidXchange RBM Company, Inc. Red Bull/BDT Beverages Service Tanks Worldpay