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The B2B landscape is rapidly changing, with 90% of South African businesses switching suppliers due to challenges like logistics, pricing, and stock issues. The rise of online purchasing—currently at 59% and expected to hit 69% in the next five years—means a seamless digital experience is critical to staying competitive. Yet, 50% of buyers say their online purchasing experience is more complicated than traditional methods. They want faster platforms, better product information, and more interactive content. Investing in a dynamic buyer portal with personalized pricing and account management could be a game-changer for your business. Are you ready to simplify your buyers' journey and improve loyalty? #B2B #CustomerExperience #DigitalTransformation #BusinessGrowth

Automating workflows in the b2b supply chain can bring numerous advantages. By streamlining processes and eliminating manual tasks, businesses can enhance efficiency, reduce errors, and improve overall productivity. Workflow automation allows for better tracking and monitoring of tasks, leading to faster decision-making and improved communication among supply chain partners. Additionally, automation can help businesses adapt to changing market conditions more quickly and effectively. Overall, the benefits of workflow automation in the b2b supply chain are significant and can contribute to a more streamlined and competitive business environment. Image Source: https://buff.ly/46hbJkw

Order fulfillment can be a complex process, but there are ways to streamline it. For example, by using order picking software, businesses can automate the process of selecting and packing orders. This can help to improve accuracy and efficiency.

🌟 Unlock the Power of Data Analytics in FMCG B2B! 🌟 Ever wondered how data analytics can transform your FMCG supply chain business? Our latest blog post dives deep into the world of FMCG B2B data analytics, offering valuable insights and strategies to help you stay ahead in the game. Discover how you can leverage data to drive efficiency, improve customer relations, and boost your business growth. 👉 Read more: https://buff.ly/3YcMlKQ Don't forget to like and share if you find this useful! Let's grow together. 🚀 #DataAnalytics #FMCG #B2BSupplyChain #BusinessGrowth #KratedOS

Supply chains have a huge impact on company profits, so optimization and cost reduction is always valuable. This is especially true for Industrial Suppliers, where the average supply chain cost is 13.2%, while the best companies have managed to optimize this number to 7.9%. That’s a 40% savings.

As the internet continues to spread across the world, the number of global online shoppers will continue to rise. One estimate predicts that Ecommerce will make up 22% of global retail sales by 2023. To give context to this growth, 14.1% of global retail sales were ecommerce purchases in 2019. The growing number of ecommerce websites is definitely a contributing factor to this holistic number.

DID YOU KNOW: Reducing supply chain costs from 9% to 4% can double profits.

DID YOU KNOW: Businesses with optimal supply chains have 15% lower supply chain costs, less than 50% of the inventory holdings, and cash-to-cash cycles at least three times faster than those not focused on supply chain optimization.

📊 Achieving Business Impact with Data: Insights from McKinsey As businesses navigate the complexities of the digital age, the importance of data-driven decision-making cannot be overstated. McKinsey's latest report highlights the transformative power of data in driving business success. From enhancing operational efficiency to fostering innovation, the insights provided are invaluable for any organization aiming to stay competitive. 🔍 Key takeaways: - The strategic role of data in business transformation - Practical steps to leverage data effectively - Success stories of data-driven innovation Embrace the data revolution and position your business for sustainable growth. Read the full article for a deep dive into achieving business impact with data. 👉 https://buff.ly/4f77lse #DataAnalytics #BusinessStrategy #Innovation #KratedOS #Leadership