The U.S. wholesale trade sector is on pace to finish above $7 trillion in 2021 for the first time, based on MDM forecasts and data through the third quarter. That represents a 21% increase above 2020 revenues of $5.8 trillion, which were down 4.3% from the year before. The record boost represents actual revenues, not […]
Category: Data & Analytics
Embracing Automation Can Help Distributors Weather Supply Chain Issues
Distributors who increasingly automate business processes and embrace the use of artificial intelligence can be better situated to respond to customer service issues and supply chain problems. In a recent MDM webcast, “Building A More Resilient Supply Chain,” Esker Business Development Manager Nick Carpenter said distributors who automate processes for order management, order-to-cash and accounts […]
The ABCs of Average Order Value Growth
Distributors have flocked to e-commerce, but many are now realizing that online sales requires something a bit more strategic than a “if you build it, they will come” model. Fortunately, for distributors who are looking for ways to maximize their e-commerce revenue, there’s a simple formula they can use, built around three common metrics: Sessions […]
