Artificial Intelligence (AI) has emerged as an essential element for businesses, with the potential to transform operations and boost global economic growth. In the distribution industry, AI is reshaping the way distributors operate and helping them thrive in an increasingly competitive marketplace. Utilizing Infor’s CloudSuite Distribution (CSD) modern cloud-based ERP software and our innovative NSA PLUS+ solutions, we provide distributors with the tools and expertise to harness the power of AI to achieve remarkable results.
Recently, Infor announced their Enterprise Automation Solution, a cloud-based automation suite. This cloud-based automation suite is designed to help companies rapidly scale automation across their organizations by connecting data integration, Artificial Intelligence (AI)/ Machine Learning (ML), and Robotic Process Automation (RPA) capabilities into a single platform.
We believe in providing our distributor clients with the most modern and innovative solutions. Now, with the addition of Infor’s Enterprise Automation solution, we can take our offerings to the next level. This automation suite will further enhance our ability to provide unmatched value and efficiency to our clients.
Let’s explore how AI is helping transform the distribution industry.
1. The Tremendous Potential of AI
AI is not just a buzzword; its impact on the global economy is expected to be profound. Studies predict that AI will add over $13 trillion to the global economy by 2030. This highlights the immense potential AI holds for businesses across industries, including distribution.
2. Empowering Sales Teams with Insights
AI enables sales teams to gain valuable customer insights that can significantly improve their performance. By analyzing purchasing data, AI tools can provide sales reps with valuable information for cross-selling, upselling, and account prioritization. This, in turn, allows sales reps to have more relevant and personalized conversations with customers, leading to increased sales and customer satisfaction.
3. Streamlining Operations with Automation
One of the key strengths of AI is its ability to automate repetitive and manual tasks that consume valuable employee time. With the power of AI, distributors can automate order processing, data entry, and other routine tasks, freeing up their workforce for more strategic and customer-focused activities. This increased efficiency and productivity not only saves time and resources but also enables distributors to build stronger customer relationships and focus on business growth.
4. Optimizing Inventory Management
AI-powered inventory management revolutionizes the way distributors handle stock levels. By leveraging real-time data and advanced algorithms, AI can predict demand patterns and optimize stock levels accordingly. This ensures that distributors can avoid issues such as stockouts and dead stock that negatively impact their bottom line. With AI-driven inventory management, distributors can boost profitability, reduce waste, and improve customer satisfaction by consistently meeting demand.
5. Early Adoption for a Competitive Edge
Distributors who embrace AI early gain a competitive advantage over late adopters. The distribution industry generates vast amounts of data that AI can leverage to gain valuable insights and make informed decisions. By harnessing the power of AI ahead of the competition, distributors can improve operational efficiency, customer satisfaction, and profitability. Early adopters can identify trends, patterns, and opportunities that their competitors may miss.
The integration of AI into the distribution industry brings transformational benefits to the operations, sales, and inventory management of distributors. Unlock the true potential of your distribution business with NSA Computer Exchange and Infor’s Enterprise Automation solution.
By highlighting the potential for global economic growth, the empowerment of sales teams with valuable insights, streamlined operations through automation, optimized inventory management, and the competitive edge of early adoption, distributors are encouraged to embrace AI now rather than later. With AI, distributors can overcome challenges, improve profitability, and confidently navigate the evolving landscape of the distribution industry.
For more information about how we help distributors leverage AI and find success in the distribution industry, visit our website page dedicated to Infor CloudSuite Distribution and complete the form to connect with an NSA professional.