The distribution industry has been around for quite a long time and can sometimes be slow to change. For those that may be resistant to change it is best to look at emerging technologies as tools you can use, like a forklift. You wouldn’t think of trying to move pallets around a warehouse without using forklifts, yet some in our industry remain skeptical about new technology. Emerging technologies in the distribution industry are transforming the way goods are transported and delivered. These innovations are making distribution processes more efficient, cost-effective, and sustainable.
Today, 35% of the global workforce are millennials, but they are truly an emergent majority, and we are standing right at the tipping point. By 2025, 75% of the global workforce will be millennials. If you have business-to-business (B2B) operations, this generational shift means that 75% of your customers will be millennials within the next two years.
Distributors face complex pressures, from global market volatility and supply chain disruption to inflation, rising energy costs and the need to continually exceed customer expectations.
Essential distribution capabilities 2. A vendor experienced in your industry. 3. Time to value. 4. Continuous innovation.
