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Infographic: Thrive in Challenging Times – 5 Areas of Focus for Distributors

Jon Byrd

Apr 26 2022

2 min read

INFOGRAPHIC:

Thrive in Challenging Times: 5 Areas of Focus for Distributors

For many distributors, modernizing and evolving their business operations is the best way to address supply chain issues, outperform competitors, satisfy customers, and continue to grow. The infographic below highlights ﬁve key business areas for achieving this and the actions distributors can take including:

Ensure the right inventory levels
Elevate the customer experience
Become your vendors’ favorite trading partner
Drive vendor quality
Align with customers’ values

Distributor Focus for Success Infograhic

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WATCH SUPPLY CHAIN EXPERTS DISCUSS TECH TOPICS

Statistical resources for this infographic came from:

IndustryWeek and Sikich, Industry Research: Supply Chain Resiliency, April 2021
Forbes, “B2B Wakes Up To The Benefits Of Customer Experience”
Grand View Research, “Business-to-Business E-commerce Market Size, Share & Trends Analysis Report”
MDM, “2022 Distribution Trends Outlook: Optimism with a Twist of Apprehension”
CDP, “TRANSPARENCY TO TRANSFORMATION: A CHAIN REACTION. CDP Global Supply Chain Report 2020”
Business Wire, “Recent Study Reveals More Than a Third of Global Consumers Are Willing to Pay More for Sustainability as Demand Grows for Environmentally-Friendly Alternatives”

The Sikich team is ready to help distributors take action with supply chain issues. Contact us today!

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INDUSTRY RESEARCH: SUPPLY CHAIN RESILIENCY

The COVID-19 pandemic has industry leaders rethinking their supply chain strategy. Sikich, in partnership with Microsoft and IndustryWeek, compiled the following based on our Supply Chain Resiliency survey findings to help manufacturers and distributors see where they stand compared to their peers, in order to make more informed decisions about future supply chain practices.

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This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Jon Byrd

Experienced Enterprise Sales Executive with a demonstrated history of working in the accounting industry. Skilled in Business Process, Sales, Partner Management, Customer Relationship Management (CRM), and Channel Sales. Strong sales professional with a Business Administration focused in Business from Kennesaw State University - Michael J. Coles College of Business.