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
SEE HOW TECH CAN HELP YOU THRIVE
https://youtu.be/8nfz0PNWI5E
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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!
TAKE YOUR NEXT STEPS to supply chain resiliency
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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.
ACESS THE FULL, FREE REPORT
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.
