How to maintain a competitive edge over your competition
The past three years have provided international supply chains with enough disruption to last a lifetime.
We don’t see that disruption going anywhere overnight.
In 2019, 3,700 British manufacturing, wholesale and retail businesses reported supply chain disruption. That figure tripled in 2021.
To deal with – and take advantage of – the existing supply chain disruption, exacerbated by Covid-19, many suppliers and manufacturers are bypassing wholesalers and going directly to their customers.
By skipping the logistics of supplying shops and going directly to a manufacturer or supplier’s customer base instead, they avoid many of the delays and unexpected costs that come from additional steps in the supply chain.
Companies within the sector need to stand out and adapt to avoid elimination in such a competitive arena.
Assessing supplier costs, agency fees, stock management and waste disposal methods whilst also adapting to a digital world are all ways that you can do so.
Download our four-point survival guide to help trade and wholesale businesses thrive.
"Nike, for example, slashed their retail partners from 30,000 to 40, and Pepsico has set up two online shops for customers to order to their homes."
Stock and its management play dominant roles in the success or failure of a trade and wholesale business.
Optimising the management of your stock might seem like a daunting task. But it doesn’t have to be.
Optimisation projects can take time, however, here at ERA, time is something we have bags of.
Digitisation can transform your trade & wholesale business.
After all, most customers won’t even engage with a company if it doesn’t have a web presence.
Our network of specialists has been following digital trends for 30 years. They are equipped with the experience and knowledge to help you get the best deals.
Plug the Recruitment Gap
There is a shortfall of workers in the trade and wholesale sector’s supply chain.
In our experience, that shortfall predominantly belongs to warehouse staff and drivers.
To plug that gap, many companies have turned their attention towards agencies. These can be temporary fixes with high fees.
It is here that our specialists can have a direct impact. We can negotiate those fees, minimising their cost to your business.
But there are long-term solutions too.
Stand Out from the Crowd
Your customers view your business through the lens of effective marketing, and they expect you to stand out from the crowd.
What better way to do so than by showcasing your sustainability credentials?
If you haven’t already put a sustainability strategy in place, our survival guide can help.