With distributors facing so many unknowns during the COVID pandemic, it’s important to remember that fundamentals don’t change: in fact, timely management of margin, expenses, inventory, and sales is more important than ever.
Check out our latest on-demand webinar, where distribution veteran, Brian Friedle, dives into 4 key areas distributors can work on to optimize their resources now:
- Margin: Identify where you could raise prices – and where you might want to lower them – to increase profitability.
- Inventory: How can you get more timely information about your inventory when things are changing minute by minute?
- Sales: Highlight customers that are growing for you, and which are tapering off, so you can give both types the proper attention.
- Expenses: See expense data before month end close, while you still have time to do something about it.