Out-of-stock products are a complex issue with far-reaching consequences. However, by understanding the causes and implementing effective solutions, retailers can minimize their occurrence, ensuring happier customers and higher sales. This article explores the causes and effects of retail store stockouts,...
Many distributors star their operations with manual controls for the sales and delivery at the stores. However, as the company starts growing, they will face challenges such as inefficient inventory management, prolonged delivery times, and limited visibility into sales data,...
For a Wholesaler or Distributor, staying ahead of the competition requires a strategic approach to supply chain management. One of the critical components of this strategy is demand planning and forecasting. In this article, I explore the world of demand...
The distribution of goods and services relies heavily on the seamless flow of data. Whether it is manufacturing, logistics, or retail, data plays a pivotal role in ensuring efficiency and competitiveness. However, with great data comes great responsibility. Protecting sensitive...
Distribution companies face various risks that can disrupt their processes, impact customer satisfaction, and ultimately harm their bottom line. Effective risk management in distribution is essential to identify and mitigate these risks. In this article, I discuss strategies for identifying...
As your business grows, it becomes increasingly important to have efficient systems in place to manage your operations. An Enterprise Resource Planning (ERP) system can be a powerful tool to automate tasks, improve data visibility, and scale your business effectively....