OP NON DURABLE 01By Anthony Corrie

In America, non-refrigerated warehouses use an average of 6.1 kilowatt hours of electricity every year. Lighting and heating account for the vast majority of this – around three quarters of total use – making them obvious areas to target when it comes to energy savings.

Although the profitability of distribution centers will always depend hugely on efficient inventory management and order fulfillment capabilities, keeping the bottom line down is a vital ingredient to success. As supermarkets and convenience stores seek to minimize overstocking in their stores, the distribution sector has been revitalized. While this presents many advantages for leading businesses, it also poses many challenges.

 OP DURABLE 01By Mechele McNary

Keeping up with inventory is a necessary part of the manufacturing process, but it can be a struggle for many companies. There are times the wrong products are mailed at the wrong quantities and this is frustrating for both the company and the customer.

 NON LINEARITY 01

Understand the non-linearity in your product information supply chain.

By Shamanth Shankar

Enterprises plan for the long term and constantly revise their strategies and execution to keep current trends in perspective. Core to operations is data, including data created from within the supply chain and data from consumer purchasing patterns. Interactions through various platforms and apps are disrupting the linear flow of information within the supply chains. To address this, current product information management (PIM) solutions need to evolve to harness these interactions.

 E COMMERCE 01Going online can expand B2B companies’ sales footprint.

By Stefan Hoffmann

Although e-commerce has traditionally been associated with business-to-consumer transactions, business-to-business companies are also evolving their business models to embrace the customer-friendly, cost-saving value of e-commerce sales channels. Whether they choose to create an online store or join an existing online marketplace, e-commerce can help organizations broaden their reach, connect with new customers and provide cost-effective opportunities for both parties.

E-commerce will continue to grow as a purchasing tool of choice for buyers in the coming years, and in time, sellers will need to embrace these new sales platforms or risk falling behind their competitors. Here are four reasons B2B sellers need to consider expanding their sales footprint to include e-commerce.

 SUCCESSION PLANNING 01Is the next generation of your family business ready to take the reins?

By Bradford Dickson and Greg Spangler

Whether wholesalers or distributors take their business public, decide to sell it, choose to retire, become disabled or pass away, exiting a business can be a very sensitive topic – especially when it comes to turning the helm over to the next generation.

While it’s true that business owners can’t always control when and how the exit happens, they can be prepared with a succession plan in place. 

 OP RETAILBy Sushil K. Mishra

In an age of omni-channel marketing and smart “package tracking” apps offered by Amazon, overnight delivery companies and others, consumer expectations have been set high. The increasing popularity of “buy online, ship to store” (BOSS) this past holiday season exposed a number of weaknesses along the retail supply chain and left consumers wondering, “Where exactly is my ship-to-store order?”

Just as importantly for retailers, warehousers, distributors and even manufacturers shipping product directly to stores, BOSS has exposed broad logistical inefficiencies that are increasing operational costs and cutting into retail sales.

 OP NONDURABLEBy Georg Kube

In today’s hyper-connected world, customers are looking for smarter products and services that can meet their ever-evolving demands. In order for manufacturers to meet these changing demands and needs, business models, business processes have to change, machinery and equipment and how we go about doing our jobs has to change. No manufacturer will be around much longer if they don’t truly put the customer first and adapt to continually fluctuating market and end-user requirements.

A growing number of industrial manufacturers are responding by creating “smart factories” and intelligent supply chains using cloud technology. While digitalization on the shop floor and in the supply chain is not new, what is new is the way production and logistics are intelligently connected to employees, customers, and suppliers in the cloud. Recent industry reports predict the smart factory market to reach $74.8 billion by 2022, with the discrete industry expecting to hold the largest share of the smart factory market by 2020.

 OP MANUFACTURERBy Kaynam Hedayat

Facility managers tasked with keeping a site up and running seamlessly and efficiently have come to rely heavily on smart building technology. As the smart building becomes more sophisticated, facility managers are leveraging this technology to automate tasks, reduce energy consumption and costs and optimize staff roles, all while keeping the premise safer and more secure than ever.

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