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The online retailer and e-commerce company reported 2021 4Q sales of $137.4 billion, while year-end sales topped $469 billion.
Search Results for: Amazon – Page 17
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Distributors are scrambling to reinforce bench strength as market conditions look good. Here’s what Fastenal, Ferguson, Avnet and others are sharing with MDM on how they’re adapting.
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While some aspects of the supply chain have adapted to digital communication tools, the distributor-sales representative-manufacturer business model is still largely analog.
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The profession needs a makeover, but that starts with distributors rethinking the way they do business in the warehouse.
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To adapt and stand out during market consolidation, expect more distributors to find niches and develop specializations.
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Look for technology that will assist with distributors’ ongoing challenges through sales enablement, automation, e-commerce, AI and more.
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Supply chain issues will touch everything from the way salespeople spend their time and prioritize customer relationships to facility management, pricing and labor strategy.
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The online retail and e-commerce giant says hubs in Austin and Phoenix will create jobs amid expansions taking place over the next few years.
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Without having price visibility, one channel or customer may be capable of driving the entire market down, a costly consequence.
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What seems to endure is customers’ desire to work with partners they can rely on, with people they can trust.
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