What is Digital Transformation for Distribution Companies?
Digital Transformation for distributors is the adoption of digital technology to transform the company. The transformation happens through replacing manual processes with digital processes and/or replacing older technology with newer digital technology.
Digital transformation is allowing distributors to utilise data in new and exciting ways.
Your ability to use data will rely on your ability to digitize. Your digital transformation can give you the speed, reliability, and control you compete in a highly competitive industry.
Recent technological advancements have made digital transformation realistic and affordable for distribution companies.
Continue reading to learn more about distributors can use digital transformation to ensure their business viability and competitive edge in 2021 and onwards.
Digital Transformation Topics:
How to Choose the Best Distribution ERP
5 Reasons Distributors Need ERP Software
Digital Transformation Roadmap for Distributors
How distributors can use analytics to boost productivity
Digitalization is transforming every aspect of business across all industries, particularly impacting the distribution and wholesale industries.
How can distribution companies get started with digital transformation?
An important element of digital transformation is obviously technology. But often, distribution companies find that it also requires changing outdated processes and legacy tech stacks. These changes are the what enables innovation.
A Forrestor report titled “Digital Transformation: Your First 100 Days” explains that successful digital transformation projects requires 3 main components:
- Buy-in and commitment from leaders in the business,
- Change management and learning transfer skills,
- An agile spirit