What 2019 has in Store for the Wholesale Distribution Industry

Kristin Swenson, NetSuite’s Wholesale Distribution Industry Marketing Lead, recently sat down with Michelle Davidson, NetSuite Wholesale Distribution Industry Principal to discuss the major trends and keys to success in the industry in 2019.
Kristin Swenson: What are the keys to success for a wholesale distributor in 2019?
Michelle Davidson: Based on my research and my work with many different NetSuite wholesale distribution customers, I would say there are four major areas of focus for wholesale distributors to be competitive in 2019:
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[*]Leveraging technology throughout the organization
[*]Embracing and expanding international trade and market places
[*]Focusing on efficient warehouse management
[*]Utilizing reporting and analytics to make smart decisions.