What is Digital Transformation for Companies?
Digital Transformation is the adoption of digital technology to transform a company. Transformation occurs through the replacement of manual processes with digital processes and/or the replacement of old technology with newer digital technologies.
Digital transformation enables distributors to leverage data in new and exciting ways.
Your ability to use data will depend on your ability to digitize it. Your digital transformation can give you the speed, reliability and control to compete in a highly competitive industry.
Recent technological advances have made digital transformation realistic and affordable for distribution companies.
Continue reading to learn more about distributors who can use digital transformation to ensure their business continuity and competitiveness in 2021 and beyond.
Digital Transformation Topics:
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Digitization is changing every aspect of business in all industries, especially those impacting the distribution and wholesale industries.
How do Companies Start Digital Transformation?
An important element of digital transformation, of course, is technology. But often, distribution companies find that it also requires changing outdated processes and old technology stacks. It is these changes that enable innovation.
Forrester’s report entitled “Digital Transformation: Your First 100 Days” explains that a successful digital transformation project requires 3 main components:
- Support and commitment from leaders in business,
- Change management and transfer learning skills,
- Agile spirit
There is so much to do with digital transformation, so where and how should your organization start? Learn how by booking a free strategy consultation with our team.
