Moving into the future, distribution processes need to be developed with value in mind for both businesses and their consumers. Flexibility, availability, speed, and service are essential in order to satisfy clients and customers around the world. If any one of these is lacking, businesses can expect to lose customers to competitors. However, there are issues that organizations must overcome in order to succeed in this endeavor.
- Counterfeiting – In order to meet distribution goals, companies may skimp on quality.
- Margin Erosion – Profits may steadily decrease over time.
- Regulation – Meeting strict regulations requires significant investment in terms of materials, proper processes, and best practices.
Analyzing your distribution process allows you to discover room for improvement so you can stay ahead of the curve in the modern world.