Study Reveals Positive Future for Wholesale Distribution

The 2017 Economic Benchmarks Study for Wholesale Distribution outlines a positive future for distributors.

The annual report gives readers insight into the top trends within the industry, and, by and large, reveals the industry looks to be gaining ground thanks to an overall increasing confidence in employment rates, wages and corporate investments- all presumed to trigger widespread economic growth.

All 19 distribution sectors outlined in the report are projected to post actual revenue growth in 2017 as well as 2018. Experts say this may be the greatest economic surge in US history.

As the economy points to economic improvement for suppliers, it’s important not to turn a blind eye to drastic shifts occurring in the traditionally conservative industry of wholesale distribution.The wholesale distribution industry has become increasingly competitive. It’s clear to everyone that consumer expectations are a major factor and driving force behind these radical changes affecting the economic environment of wholesale distribution.

Distributors are beginning to realize that some of the processes and tactics that worked for their company 10 years ago are no longer sufficient in order to remain agile in today’s always-changing world. To stay ahead of the curve and pave the way for success in the long run, distributors are sifting through their entire indexes of technology– re-examining their ERP platforms, but also pursuing CRM and commerce to propel greater efficiency, adaptability and customer success.

You can learn more about the future of Wholesale Distribution by reading the whitepaper from Modern Distribution Management (MDM), created in partnership with Oracle NetSuite. Click the orange button to read more.