Distributors: How to Be Like Amazon (3 Steps)
At this point, business customers, like consumers, expect the Amazon experience: They want what they want ASAP. And they want the buying process to be frictionless.
August 6, 2020
At this point, business customers, like consumers, expect the Amazon experience: They want what they want ASAP. And they want the buying process to be frictionless.
The procure-to-pay (P2P) process—which encompasses everything from identifying procurement needs to making final payments to suppliers—has become a crucial factor for success in the manufacturing and distribution industries.
Thanks to technological advances in the industry, the global smart meters market is expected to grow from $20.7 billion in 2020 to $28.6 billion by 2025, a compound annual growth rate of 6.7 percent. For companies at the forefront, it’s a chance to gain ground and boost revenue.
Pacific Plumbing Supply is a 71-year-old, family-owned and operated company, with 14 branch locations and 200 employees. “We weren’t looking to spend the kind of money it would take to implement a modern ERP solution,” Stafford continued, “but we understood that the ROI is in new capabilities and new tools we can use to operate more efficiently.”
Incorporating hygienic design is critical for food safety – and for reducing the risk of lawsuits, recalls, replacement, fines and damage to reputation. For companies that supply the food-and-beverage and pharmaceutical industries, the ability to grow manufacturing operations while retooling to incorporate hygienic design, is critical, especially for manufacturers that provide tubing, valve systems, mixers, cleaning systems and other production components.
This guest post looks at issues manufacturers can run into with ERP selection.
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