Succeeding in Global Sourcing to Grow Private Label Profits

The private label phenomenon, where wholesale distributors sell their own products instead of, or in addition, reselling goods from other suppliers, is seen as one of the fastest-growing trends in distribution. In the current economic environment, where both businesses and individuals are making more cost-focused purchasing decisions, delivering a value-priced alternative to the market can lead to great demand and revenue opportunities for distributors.

The right technology solution can help a distributor to realize greater profit potential through global sourcing and private labeling. These include technologies that enable online collaboration and communication, streamlined procurement, business intelligence and access to multisite inventory management and planning. All of these are available with Microsoft Dynamics AX 2009.

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