LOGISTICS SPEEDHere’s how to keep up with the rapidly changing world of commerce.

By Michael Forhez

In today’s digital world, consumers are increasingly relying on e-commerce sites and mobile apps to enable their near insatiable quest for the right product and offer delivered anytime, anywhere, usually in 24 hours or less. If consumers can't find what they want when they want it, they’ll just move on — with your company missing out on that initial or subsequent sale.

According to Macquarie retail analyst Ben Schacter, “26 cents out of every dollar spent online in the U.S. during 2015 came through Amazon.” Demand is so great for the instant shopping experience that Schacter also predicts that “the number of American households with Amazon Prime accounts will likely double by 2020.” In a digital and mobile-enabled world, consumers now have shopping at their literal fingertips, with expectations to match.

 BEST PRACTICES 01Digitally transforming your company is easier than you think.

By Chip House

Change is intimidating for many wholesalers and distributors. With multiple customer channels each having their own unique needs for products, pricing, payments and shipping, “change” becomes a word that makes many businesses shudder.

However, in this day and age, change is necessary to stay ahead. And with today’s technologies, digitally transforming your company is a change that’s easier to undergo.

 OP MANUF ED PIC 1By Dan Campbell

Being good at something requires a particular set of skills. When someone is recognized as a stand-out professionally and promoted into a supervisory role, the skills they need to be successful change a great deal. Many aren’t equipped with those skills and require training in general areas of management. For example, proven aptitude in one role doesn’t mean someone has an instinctive ability to manage peers or navigate conflict.

These are competencies that can be taught, but new supervisors often aren’t trained for the job they are stepping into. By training supervisors in management best practices, companies reduce the cost of lost time and productivity and lessen the negative drain on employee morale when leaders are not set up for success.

As wholesalers, retailers, and distributors are aware, we are now in a global economy. The United States is engaged in trade efforts with many countries each year, and much of this global distribution involves chemicals of all types and classifications. According to the Occupational Safety and Health Administration (OSHA), the global chemical business is valued at about $2 trillion annually.

Because these chemicals are used for all types of purposes, they impact the lives of billions of people around the globe. Most chemicals are designed to prove helpful and to address a specific need, but used improperly – often because the user does not understand instructions and safety precautions – they can be very hazardous.

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