Business Automation and Software Blog

Operational Efficiency Crucial for Profitable Distributors

Posted by Linda Baran on Tue, May 21, 2024 @ 11:00 AM

In the post-COVID era, many distributors find several factors squeezing their profitability. Hiring and retaining employees continues to be a challenge. Demand for products varies, and as well as lead time to replenish necessary stock varies, leading to shortages. Rising inflation pressures distributors to stay profitable due to consumers' increased demands and higher supply costs. The business environment for all distributors is good news; those focusing on operational efficiency outperform their competition. 

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Topics: operational efficiency