The Kova Quarterly - Amazon S32016+N… · made a mistake, the customer still only paid what was on...

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KOVA QUARTERLY IN THIS ISSUE HR Updates K ova’s business philosophy in maintaining and hiring the right em- ployees has always been to hire/treat all of our employees as if they are family. I feel that the Reed family, as business owners, has the responsibility to make every single person feel respon- sible for their day-to- day tasks. Our job is not to micromanage, we understand that people may make mis- takes. By facilitating this trust, respect and understanding among ourselves internally, we are able to project these same values to our customer, which is one reason for our success. A personal example of this exact philosophy occurred when I first started with the company. I accidently gave too much product to a customer. Knowing I made a mistake, the customer still only paid what was on the ticket. At this time the customer was struggling financially. 10 years later the customer came in and paid Kova back for the extra product. Our customers are loyal to us because we are loyal to them. Agriculture is people doing business with people - being able to communicate face- to face while being up-front and honest is an expectation I hold to every employee. All of the employees now and in the future were hired for their recognizable talents, a passion to help the The advantages of being an independent distributor. July 2016 | Issue 3 www.ekova.com 2 3 Any questions/comments or concerns about the newsletter and/or any of its contents, please e-mail: [email protected] The Right Staff Location Updates How does KOVA maintian/hire the right employees? New Employee Spotlight The Insight from the Wholesale Desk of Brad Reed company succeed and a motivation to learn and adapt to their surroundings. This is important as we all have come to understand that agriculture isn’t an 8-5 job. In trying to foster the passion for company suc- cess, we encourage the facilitation of new ideas. We are always willing to listen. It is your ideas that help make this company grow and maintain its success. In light of this foundation of com- pany culture we have created here at Kova, we are aware of issues for future hiring. The biggest is adapt- ing to the younger generation that is entering the workforce. This includes changes in communication and adapting to new technology. I want to thank each one of you for your contributions to Kova and look forward to seeing what the future holds. -Brad Reed HR

Transcript of The Kova Quarterly - Amazon S32016+N… · made a mistake, the customer still only paid what was on...

Page 1: The Kova Quarterly - Amazon S32016+N… · made a mistake, the customer still only paid what was on the ticket. At this time the customer was struggling financially. 10 years later

Kova Quarterly

IN THIS ISSUE

HR Updates

Kova’s business philosophy in

maintaining and hiring the right em-ployees has always been to hire/treat all of our employees as if they are family. I feel that the Reed family, as business owners, has the responsibility to make every single person feel respon-sible for their day-to- day tasks. Our job is not to micromanage, we understand that people may make mis-takes. By facilitating this trust, respect and

understanding among ourselves internally, we are able to project these same values to our customer, which is one reason for our success. A personal example of this exact philosophy occurred when I first started with the company. I accidently gave too much product to a customer. Knowing I made a mistake, the customer still only paid what was on the ticket. At this time the customer was struggling financially.

10 years later thecustomer came in and paid Kova back for the extra product. Our customers are loyal to us because we are loyal to them.Agriculture is people doing business with people - being able to communicate face-to face while being up-front and honest is an expectation I hold to every employee. All of the employees now and in the future were hired for their recognizable talents, a passion to help the

The advantages of being an independent distributor.

July 2016 | Issue 3 www.ekova.com

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Any questions/comments or concerns about the newsletter and/or any of its contents, please e-mail: [email protected]

The Right Staff Location Updates

How does KOVA maintian/hire the right employees?

New Employee Spotlight

The

Insight from the Wholesale Desk of Brad Reed

company succeed and a motivation to learn and adapt to their surroundings. This is important as we all have come tounderstand that agriculture isn’t an 8-5 job. In trying to

foster the passion for company suc-cess, we encourage the facilitation of new ideas. We are always willing to listen. It is your ideas that help make this company grow and maintain its success.In light of this foundation of com-pany culture we have created here at Kova, we are aware of issues for future hiring. The biggest is adapt-ing to the younger generation that is entering the workforce. This includes changes in communication and adapting to new technology.I want to thank each one of you for your contributions to Kova and look forward to seeing what the future holds.

-Brad Reed

HR

Page 2: The Kova Quarterly - Amazon S32016+N… · made a mistake, the customer still only paid what was on the ticket. At this time the customer was struggling financially. 10 years later

Human

Section 125/Cafeteria (employee 401 k) enrollment is approach-

ing. The limit will be $2500 annually per tax individual with a

maximum of $5000. That means a married couple can con-

tribute $5000, all others are limited to $2500. The amount set

aside for the Section 125 is a pretax contribution and is not sub-

ject to federal, state, or social security taxes. Normally the start

of this enrollment begins late July with the cutoff by Sept. 1.

Also, a special reminder, that Section 125 covers both

Unreimbursed Medical Expenses and Dependent Day Care, but

they cannot be intermingled. For example, someone wanting to

cover $1000 of medical costs and $1000 of Day Care must list

each separately on the form. You cannot simply list $2000 and

get both items covered. Any amount left over in this plan before

the next enrollment period begins cannot be reimbursed, please

plan wisely.

Finally, Hilliard Lyons, our new 401 (k) representatives, will be

visiting regional offices over the summer months, if they have

not already, to make acquaintances and answer any pertain-

ing questions. An employee meeting is scheduled for July

25th at 11:30am at the Next Generation facility in Greensburg.

Representatives from Hillard Lyons will be on hand to go over

the new structure and answer employee questions. Lunch will

be provided. Both employees currently enrolled in the 401 (k)

plan and those considering enrolling are encouraged to attend.

Employee Spotlight

@ CFS ROSSVILLE

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IT.TECH.TIPSNeed to take a snapshot of your phone‘s display and save it?

Press the Sleep/

Wake and the

Home button at

the same time.

The screenshot

will be saved to your photos.

Press the Volume

down and Power

button at the

same time.

The screenshot

will be saved to your gallery.

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The Kova Quarterly Newsletter

On May 3rd we were honored to host the Asmark Retail Live Tour. The

participants represented Agricultural Retailers Association, The Fertilizer

Institute, Responsible Ag, CropLife Media, Ohio Agribusiness Assc., Far

West Agribusiness Assc., Georgia Agribusiness Assc., Kansas Retailers,

Southern States Coop., and Asmark Institute. We gave them a tour and

overview of our operations. Questions were asked about our operations

and challenges we face as retailers. We were also able to demonstrate the

technology we use in our operation and how it is changing our

industry. We are glad to support this group and our industry by telling the

CFS/Kova story!

Mitchell Reed will be a chemical sales and marketing represen-

tative at Kova Ohio, Springfield. Mitch graduated from Purdue Uni-

versity this past spring with a

bachelors degree in Agricultural

Economics. During his four years at

Purdue, he was a member of

Farm House Fraternity. Mitch

interned the summer of 2014

with Dow Agro Sciences in

Louisville, Kentucky in sales mar-

ket research. He worked the sum-

mers of 2013 and 2015 at the Kova,

Greensburg location focusing on

computational analysis for retail locations and developing statistical

modeling for fertilizer futures. Mitch looks forward to developing relation-

ships with agriculture representatives in our industry. Outside of work, he

looks forward to attending Reds games and supporting his Alma Mater,

Purdue University, athletics. In his spare time you may also find him on the

golf course. We are excited to welcome Mitch Reed to the Kova family!

Page 3: The Kova Quarterly - Amazon S32016+N… · made a mistake, the customer still only paid what was on the ticket. At this time the customer was struggling financially. 10 years later

Heartland AgJim Wiley

I would like to think the dealers I work

with don’t feel I am pushing any products

that are a goal setter or target/focus prod-

uct like a lot of the Nationals and Co-ops

push. We are sourcing utility and foliar

products that are typically produced near

our local region and can be acquired in a

timely manner. In this process we have the

ability to source quality products that de-

liver what our individual customer needs

and allow him to make a fair margin while

often competing against a standard or low-

er quality ‘national name product”.

I feel we are customer focused and have

the flexibility to “make stuff work” with

each customer on his or her specific needs.

This can be from credit, accounting/billing

to special time frame deliveries, to provid-

ing staggered deliveries based on early or-

ders to help some customers with limited

storage capability. There is less manage-

ment levels to sift through to get an timely

answer to customer questions regarding

product pricing, availability and chang-

ing market conditions or backside rebate

dynamics. I care about my customers in-

dependently owned business and strive to

do the best we can so they can shine above

their National and Co-op competitors at

the retail segment. This business partner-

ship so to speak helps continued sales.

I don’t know if all independent distribu-

tors are like Kova but I have always

felt Kova has been able to react more

quickly than our competitors to changes

in the market place. We have fewer lay-

ers thus important decisions can and

are made much quicker. I also believe

manufacturer representatives feel we are

easier to work with for the same reason,

less layers. When we are able to get clos-

er to the representatives than our com-

petitors that is a nice benefit.

I feel the staff that we provide to the

customers is more service oriented and

knowledgeable. We also do not push our

customers to one certain major chemical

company just because they give us a better

deal. We supply them all options of generics

that can give them the choices that their

customers want.

Kova Ohio (North)Joe Herringshaw

Kova GreensburgAndrew Klosterman

Newsletter Editor In Chief - Lauren Reed ([email protected]), Managing Editor - Cody Reed ([email protected]), Associate Editors - Stuart Reed ([email protected]), Kevin Reed ([email protected]), Shelbi Reed ([email protected])

Kova Quarterly Newsletter © Copyright 2016

How do the mergers & acquisitions affect the farm level? What advantage does the independent distributor have vs. the co-op and nationals?

Agri Business Finance will be moving from their location in Springfield, OH to St. Paris, OH with the intention of expanding their presence throughout

Michigan and Ohio. New Address: 11921 Wick Ct. St. Paris, OH 43072

New Location Announcement

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The Kova Quarterly Newsletter