A whole lot of wholesale in our May RELEX Talks episode! 📦🚛
Wholesalers act as intermediaries between manufacturers and the retail sector, distributing products across various markets.
Occupying this role actually assumes sizable risk: consider for instance carrying a huge volume of inventory that doesn’t turn over quickly. That’s a *whole* lot of resources tied to stock.
Precision in forecasting is key to increasing profit margins.
Luckily, RELEX has got a *whole* lot of experience in optimizing the supply chain for wholesalers.
The conversation was an interesting one with two wholesale experts: Patrick O'Mara, Senior Solution Principal, and our returning host Rachel Dutton, Account Executive, both from RELEX Solutions. They took us through what’s unique about the wholesale business, and how the right supply chain software can decrease complexity, increase turnover, and as a consequence, increase profit margins. Win-win-win.
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