Evolving the Independent Hardware, Lumber and Paint Retail Business
The challenges faced by independents revolve around two critical areas. The first centers around technology, and particularly the unabashed need to anticipate, manage and optimize inventory, and to survive the myriad of global supply chain interruptions. The second area is the shift in consumer behavior, and the relative trade-offs that more consumers are making between service, price and convenience/instant gratification. Both of these areas have enormous implications on costs, profits, and time efficiencies.
This white paper explores:
- Today’s global supply chain and its inherent challenges
- Existing technology and what it can and can’t do
- The opportunities to leverage resources to better manage inventory and profitability
- How independent retailers can enhance its business to gain a competitive edge while meeting the evolving needs of customers
Download this white paper and learn how to operate in this increasingly competitive environment dominated by large, big box chains and online giants. This is a first step to towards beating the big boxes.
