E-commerce costs too much, won't make a difference to a distributor's bottom line and isn't worth much more than brand promotion. Right? Not so fast, say SAP's David Koenig and Mirakl's Angela Troccoli.
Should Amazon Business hit $100 billion or more in the next few years, it would be a 'flashing danger sign' for independent distributors, say Applico's Nick Johnson and Alex Moazed. The alternative, they tell MDM in this week's podcast, would be if distributors invest in other marketplaces.
As distributors compete in an increasingly complex environment with non-traditional distributors amidst accelerating growth of digital channels and supply chain disruptions, using data (analytics and insights) to generate, manage and sustain profitable growth is becoming a key trait of resilient distributors.
The chief marketing officer for the industrial distributor took that approach to heart during COVID, and on our latest podcast, he shared how the company has innovated to benefit itself and — most importantly — its customers.
Quantum computing offers a significant opportunity to solve complex constrained optimization problems in near real-time, as demanded by modern distribution challenges, with more accuracy and better answers to drive better decisions.
Flexibility allows organizations to pivot during times of disruptive and radical change. Limble CMMS's Bryan Christiansen highlights interlinked strategies that distribution leaders can implement to reinforce adaptability and flexible operations.
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