Companies have the most difficulty with a lack of consistent pricing across channels, technology issues and poor online customer experience. Read More.
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Artificial intelligence technology will be an invaluable asset to early movers in distribution, but can pose a serious risk for non-adapters.
The right data analytics can help distributors avoid falling behind the competition.
Seemingly obvious streams of payoff can be mirages at best, or quicksand at worst, says Jonathan Byrnes of Profit Isle in a new podcast.
Create target customer segments that are more likely to take advantage of your unique product selection and services.
Begin with the basics: define objectives and data sources, improve data quality and build a sustainable model.
Involving a cross-functional team will increase the likelihood of successful company-wide adoption.
No matter how a distributor may be impacted by factors such as the uncertain state of the economy, the growing reach of a competitor or even where their company sits on the technology scale, the end priority is always around finding the best ways to bring value to the customer.
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Disruption. Innovation. Disruptive innovation. Innovative disruption. Take your pick. True innovation takes the distraction out of disruption.
There are many easy-to-implement strategies that will help improve search rankings.
A well-designed and implemented WMS can play a meaningful role for distributors facing warehouse worker fatigue.
1 EDI is a provider of electronic data interchange solutions and business visibility software.
The sooner distributors make an investment in digital transformation, the more options are available to them.
IT and culture issues are often a direct result of a siloed team dynamic.
A lack of financing, experience and access to talent often keep distributors from engaging in e-commerce, a recent MDM survey found. But having an online sales channel is critical to new customer discovery, MDMs John Gunderson said in a recent webcast, with more than 80% of distributors expecting their online presence to grow moderately or significantly in the next five years.
Dependence on traditional measures such as gross margin can put a drag on growth and profits. New metrics such as cash-flow value to expenses or expenses as percent of revenue, combined with customer-focused services, are propelling those who take advantage of them, says WayPoint Analytics Randy MacLean.
B2B e-commerce is a $1-trillion industry thats rapidly growing. For distributors to keep up, Marty Acks of CDI Technology recommends making mobile website optimization a priority, as well as improved page speed and a variety of payment options.
Automation and controls manufacturer will become preferred provider for industrial AI and smart manufacturing tech company.
Company announces 150 tools and services launched in 2019.
