Accelerating Digital Transformation for Wholesale Distribution Industry
Accelerating digital transformation for the wholesale and distribution industry is becoming more important as new challenges are mounting on top of encroaching competitors. Distributors are now focused on becoming more agile, nimble and efficient. Below is a brief idea of steps being taken by wholesale distribution industry as part of their accelerating digital transformation strategy.
- Becoming more customer-centric by providing personalised experience across omnichannel environment.
- Leverage on the data to provide insights into internal operations
- Gain better understanding on customer’s requirements and segmentation
- Improve on their inventory management, e-commerce channel and service offering
Challenges in Accelerating Digital Transformation
Wholesale distributors are challenged to improve profitability because of encroaching competitors. They require new technologies such as SAP Business One to create and expand their digital ecosystem. This would include the sales, purchasing, finances, supply chain planning and execution – all to exist in a single system that is able to be shared across the entire organisation.
How to start?
- Study the core of the business and to identify areas to differentiate the company
- Leverage on data to make smarter business decisions
- Increase efficiency in inventory management by using end-to-end business management solutions like SAP Business One
Start your journey towards accelerating digital transformation today – speak to us for more information