What's next for aircraft parts distribution? | AAR secures its largest deal in Japan | Associated Wholesale Grocers teams with RSSG for store-data solution
Amazon changed its search system to attract consumer attention to products based on profit potential instead of emphasizing the best-selling or most relevant products, according to employees who worked on the project. Amazon in a statement denied it has "changed the criteria we use to rank search results to include profitability."
Boeing's acquisition of KLX was just one change that is reshaping the marketplace for aircraft parts distribution, writes Kevin Michaels. Questions for distributors include figuring out where they offer more value, what niches are available and how original equipment manufacturers will integrate distribution acquisitions.
A Guide to B2B Selling on Alibaba.com U.S. manufacturers, wholesalers and distributors can now access the world's largest B2B marketplace. See how to tap into the $24 trillion opportunity. Download our guide here.
5G benefits for supply chains include improved communication through internet of things devices, better support for planning algorithms that use real-time data and enhanced network performance in pop-up distribution centers, says Sean Elliott, chief technology officer at HighJump.
Do Better with Your Data: Grab the Free eBook Now Winning manufacturers, distributors, and wholesalers maximize their data's impact by using AI-powered analytics. But finding a platform that improves your bottom line is not easy. Start by reading the no-nonsense guide to current analytics and learn what features deliver the biggest wins.
Business-to-business companies are focusing their spending on "paid other" strategies, which include direct mail and trade shows, according to the August edition of The CMO Survey. Meanwhile, B2B product and services companies alike expect big increases in social media spending during the next five years.
CEOs can implement change by being disciplined, empowering people to make decisions, spending on training and celebrating success and failure as equal measures of progress, writes R. Paul Vuolle of Bellevue SME Advisors. "Luddite CEOs and business leaders who grit their teeth and ignore the inevitable in always-fluid and changing market forces are doomed," he writes.
Make the most of meetings by offering your expert knowledge, asking good questions and seeing yourself as a peer to higher-ups, writes Joel Garfinkle. "There's a reason you've been included, so own it and resist the urge to defer to others' voices," he writes.
Register today for the NAW 2020 Executive Summit: INNOVATE TO DOMINATE, January 28-30, 2020! Our program will provide for you a road map to innovation. You'll ignite your innovative mindset as you peer into the future of wholesale distribution, explore marketplace platforms, and examine the points of view of today's business experts and next-generation distribution entrepreneurs who are creating new business models to satisfy industry and customer needs, and create new demand. Get all the details and register today!
"Unlock the Power of Inventory Analytics: Aligning Working Capital to Customer Experience to Maximize Your Bottom Line" is based on 15 years of distribution research. It reveals the fundamentals and contemporary practices for designing the role of inventory in this era of ever-evolving new business models. You'll receive an inventory management framework, customer service metrics, a step-by-step implementation approach, real-world distributor case studies and a plan-of-action road map. Take a look by reading the introduction.
The U.S. Business Payment Coalition and Federal Reserve recommend switching from manual to electronic invoices to achieve 92% invoice approval and on-time customer payments. Find out what smart, dynamic e-Invoicing can do for your DSO in this short 20-minute video from "Top 10 AR Solutions Provider" and NAW Trusted Partner, Unified Commerce.