It’s that time of the year again! You sang Auld Lang Syne until your voice was hoarse. And you might still be shaking off a hangover and wondering where on earth did 2018 go. Well, today is the day to take stock of what you did right, and what went wrong, in 2018.
Here’s our checklist of what your wholesale or distribution business should do in 2019.
1. Start By Using Technology
We cannot stress the importance of this point enough. Are you still using paper-and-pencil records or spreadsheets to run your wholesale and distribution business? It might have worked for your grandparents and your parents, but it’s a whole new ballgame in this day and age. Technology can give you a competitive edge. Use and embrace it.
If you’re still not convinced about using inventory management software, then perhaps the benefits might sway you over. As the leader, you need to distill the importance of technology from top-down. If your employees are reluctant to change their ways, then demonstrate how barcode scanning, for example, can save them from repetition and mistakes.
2. Be Agile and Mobile
There’s no question that today’s smartphones and tablets contain far more computing power than what sat on desks back in the 1980s and 1990s. The “always on” nature of mobile devices coupled together with Wi-Fi and the mobile Internet means that business computing can be done anytime and anywhere across different time zones.
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