Trends of the Wholesale Distribution Industry
Posted on: October 26, 2022 | By: Rosie Gill | Acumatica
The pandemic has catalyzed serious supply chain disruptions globally, and distributors have been forced to pivot and revise business processes in order to remain competitive in the post-pandemic marketplace.
In today’s blog post, we are going to discuss some of the recent trends being observed in the wholesale distribution industry.
Utilizing the Omnichannel Experience for Consumers and Suppliers
Wholesale distributors are placing more emphasis on eCommerce platforms when it comes to interacting with suppliers and customers. Utilizing a robust eCommerce software makes it easy for distributors to combine virtual and traditional methods of engaging in selling through one platform.
Integration of Workflows
The wholesale distribution industry is becoming more and more powered by data, meaning it is imperative that everyone within their respective companies are connected to one another through the exchange of data and information.
Creating and maintaining smooth, connected workflows helps deal with supply chain disruptions. Moreover, employees can see company-wide data in real time.
Utilizing the Power of Data
Wholesale distributors now have the ability to track and utilize unparalleled data, allowing them to gauge better their relationships with customers, the performance of their shipping and production processes, and ever changing market variables.
Leaning on this data can provide companies with insights that can transform their daily operations and result in greater accuracy and efficiency.
To read more about wholesale distribution industry trends, check out Acumatica’s post.
Logan Consulting, a proud partner of Acumatica, stays up to date on the needs and trends of every industry. Contact us today to learn more about how implementing an ERP like Acumatica can transform your company.
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