Distribution companies, be it B2B or B2C, normally work with very little net profits, in the range of 3 to 5%, and most of the costs lie in the warehouse and delivery processes. For this reason, it is of paramount...
In the first part of this short series “Impact of Blockchain Technology in the Distribution Industry (Part I)” I introduced the basics of the technology, its evolution, and how it is disrupting key sectors like software, financial technology (FINTECH), logistics,...
In my article on “Changes in US economy are affecting your business. Take action” I mentioned how the emerging technologies are reshaping the way to do business in general, and specifically the distribution industry. In this article and the next,...
In my previous article, “Changes in the US economy are affecting your business. Take action!” we concluded that one of the possible actions to counteract the effects of these changes was to incorporate the eCommerce marketplace technology into your business...
Changes in the US economy have been drastic over the last two years as a result of the combination of three unlikely factors: emerging technologies, COVID pandemic, and US economic policies to cope with all of the above. Since the focus...
In previous weeks, I have written about the different invoicing agreements used by distributors with the stores: Scan Based Trading, Consignment, and the traditional DSD invoicing. This week I am going to address another sales practice called PAR Level sales or PAR level...
In previous articles, I have addressed why you need to implement a Warehouse Management System, features you should look for, and how WMS compares to Inventory Management. However, even though, in most of the cases, Warehouse Management System implementation is...
Last week I wrote about the Scan Based Trading model as compared to the traditional DSD model. This week I am going to address another trade practice called Consignment. I will explore its pros and cons, how it differs from...
This week I will be addressing Scan Based Trading. what is it? Why was it set up? What are the pros and cons? How can a DSD get set up as an SBT? Let's get right into it. What is Scan...
Many people use the terms Warehouse Management System and Inventory Management System indistinctly and, although they have a lot in common, they are different in nature. In this article, I will explain the differences between them and which one is...