In the manufacturing and distribution industries, the most recent – and likely the most profound – disruption is the rise of Amazon Business, Amazon’s B2B marketplace and platform.
In the more than two decades that Aaron Noland has worked for the Lancaster Bingo Company, the basic business of the Ohio-based wholesale distributor of bingo supplies hasn’t changed all that much, he said. Sales reps meet with clients every week or every other week to talk about fundraising goals, and help them decide on which types of games to run to get there. Once they settle on supplies, reps place orders for bingo daubers, cards or pull tab games, and plan for delivery on 18-foot box trucks.
Efficiently and cost-effectively getting a shirt, hat and shoes delivered to a customer in Billings, Mont. when a retailer’s stock spans warehouses from Burlington, Vt. to Bellevue, Wash. and a physical store in Baltimore is no small feat. Yet, for even the smallest retailers, it’s imperative to balance customer expectations with profitability — whether the order is shipped from a warehouse, shipped from a store, drop shipped or picked up in store.
The world of ecommerce moves extremely fast and it is nearly impossible to adapt to every latest and greatest trend.
From the kitchen to the bathroom to the living room, the annual International Housewares Show that descended upon Chicago this week offered a glimpse into not only every room of the house, but also the future of retail.