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Wholesale Distribution, Technology, and the Future of a Trillion Dollar Industry
Wholesale Distribution, Technology, and the Future of a Trillion Dollar Industry
Blogs
December 7, 2020
Futurum Tech Webcast Featuring DataXstream and SAP
In a recent episode of the Futurum Tech Webcast – Interview Series, Tim Yates, CEO of DataXstream, and Magnus Meier, SAP Global Head of Wholesale Distribution, joined host Daniel Newman in a conversation on the future of wholesale distribution. They touched on trends in digital transformation within the industry, the current state of the industry in 2020, and how COVID-19 has changed the way wholesalers work.
In the U.S. alone, there are approximately 415,000 wholesale businesses with combined annual sales of about $7.8 trillion. Supply chain visibility and order complexity challenges plague these companies and, at a time when customers have more choices than ever and expect top-notch customer service, wholesalers that don’t prioritize fixing these issues won’t survive.
These are the problems that DataXstream – an SAP partner – and SAP are helping to address. During the webcast, the participants discussed topics, including the following:
- Common challenges facing wholesale distributors and whether COVID-19 has made these challenges worse
- An understanding of the complexities in order and inventory management
- The possible technology solutions that wholesalers are turning to in order to ease their order and inventory management problems, including a look into OMS+, the order management system from DataXstream
- What successful customers have done to shorten time to value in order to maximize ROI when investing in software solutions
- A few customer use cases that explore how SAP and DataXstream customers have been able to meet their challenges head on by using OMS+ Order Management and POS Solution from DataXstream
Tim and Magnus brought a wealth of knowledge to the conversation, and it’s one you don’t want to miss.
DataXstream is an SAP partner that builds solutions to help customers maximize the effectiveness of their ERP infrastructure in order to get the most out of their SAP investments. It is the 2020 SAP App Center Partner of the Year, SAP Pinnacle Award winner. Learn about OMS+ available on SAP App Center.