Distributors have been on the front line in the fight against pandemic supply chain delays. Multiple factors have driven these delays, and they’re likely to continue in many areas.
From IHS MarkIt
In fact, the most recent Grant Thornton CFO survey showed that CFO outlooks on the coming year have become more pessimistic, and supply chains are at the top of their concerns. Distribution leaders find themselves at the vortex of the supply chain storm, while they also wrestle with workforce shortages.
“Transportation companies can’t find enough drivers, warehouse workers and other employees to keep materials moving,” said Angela Nalwa, Grant Thornton Managing Director and HR Transformation Leader.
What can distributors do to accelerate out of the storm?
There are three areas that distributors can address, with some key actions they can take: Recruitment, retention and communication.
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