The domino effect on your business
- The volatile supply chain has caused production and delivery delays, margin erosion and loss of revenue and market share, and has affected other trends impacting your business, including:
Product Availability
Product shortages can arise anywhere, at any time, making it difficult to manage and predict product availability, which can lead to increased logistics costs and profit loss.
Learn how to gain an advantage by setting the right product mix
Regulatory Requirements and Complexity
Increasing security and regulatory requirements in such areas as customer protection and product traceability are creating headaches for wholesale distributors. Tracking, tracing and monitoring goods at every point in the supply chain to meet compliance needs increases your cost of doing business.
Price and Margin Management
Higher costs + higher prices = lower sales and smaller profits
Sounds simple, right? More than likely, you’re feeling the pinch to find whatever extra profit you can to stay on top. If the price and margin management struggle is real with you, you may not have the right data, you may not be sure how to best use it to achieve actionable insights, and you may be stuck with obsolete legacy processes.
Learn more about the remedy for greater margins
