Recent years have seen the major retailers moving into the wholesale sector. With mergers such as Booker/Tesco and the Co-op/Nisa being implemented, this puts pressure on wholesalers to compete. As well as this, wholesalers are faced with a number of business challenges, including:
Wholesale/supplier relationship issues are mainly down to profitability, which ties in with Brexit and labour cost concerns. In order to compete in today’s environment, wholesalers need to ensure they are at the cutting-edge of technology.
While traditionally many wholesalers have relied on legacy systems and manual processes, digital solutions are now becoming vital in the wholesale sector, and their usage is increasing.