Tag: E-sourcing tools

How Wholesalers Are Leveraging Technology for Improving Their Business?
Business

How Wholesalers Are Leveraging Technology for Improving Their Business?

Technology is an important tool that helps you keep track of current trends in the fast moving world. Choosing and investing in the right software for your business can turn out to be very profitable. So let us how wholesalers are using technology for their benefit. ➔ Accurate demand forecasting and thus better inventory management It is very important to know what is the current trend, what is no longer selling, what was in trend the same time last year , what are the buying patterns of the customer. To do all this manually will take a lot of time and effort, but technology makes it easier.A product in trend right now may go out of trend next week. For example:- There is a hike in the sales of the air conditioners just before summer starts and during summers. Following the ...