New normal consumer demand for wholesalers
Summary
But now, as some restrictions begin to ease and eager promotional efforts attempt to coax us back into the swing of ‘normal’ life, we can see promising signs of recovery. In an August report by the Bank of England, aggregate customer spending in July was stated to be “no more than 10% below its level at the start of the year, after falling to around 30%–40% below it early in the lockdown”. For this reason, the ability to remain socially distant and maintain high levels of hygiene in the workplace will likely stick around for wholesalers moving forward. Businesses are looking to technology for new demand dilemmas Stock and storage capabilities, packaging procedures, multi-channel abilities and supplier terms and methods are all major headaches for wholesales. Companies can even instigate intelligent routing to help one-way systems, or robotic automation to further reduce employee interaction and speed up your pick pack and ship operations.