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Over 60% of Leading Electrical Distributors Partner with Epicor

July 15, 2016

A few weeks ago, Electrical Wholesaling released the Top 200 Electrical Distributors, an annual list of the largest companies in the electrical distribution industry throughout North America. We were thrilled to see that more than 60% of survey respondents are running their organizations with help from Epicor, and in fact most of our customers are concentrated at the top of the list.

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How ERP Can Help Fuel Your Growth

July 07, 2016

Business growth is a complex path that’s both full of promise and fraught with challenge. Recent global research  commissioned by Epicor and conducted by MORAR Consulting shows that while growth is a top objective that manufacturers expect to achieve, they’re concerned about their ability to manage it.

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Connecting with Consumers through e-Storefronts: New Version of Epicor iNet eBusiness Suite Extends Retail Business

June 30, 2016

The number of consumers browsing and buying online will hit 270 million by 2020, as stated in a January, 2016 report from Forrester Research, titled "Brief: Digital Touchpoint Investment Significantly Influence US Retail Sales." The report also predicts online sales will grow by an average annual rate of 9.32% over the next five years.

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Kroll International Drives Innovation to Maximize Warehouse Operations

June 30, 2016

Kroll International LLC, a leading wholesale-only distributor based in Michigan nabbed the award for Technology Innovator award during the annual Insights 2016 Customer Excellence Award held in Las Vegas, Nevada. Kroll was selected for demonstrating how they’ve leveraged technology to drive innovation throughout their business to achieve measurable success.

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Improve Profitability with Customer Stratification

June 29, 2016

In his book, Islands of Profitability in a Sea of Red, author and senior lecturer at MIT Jonathan Byrnes argues that 40 percent of any business is typically unprofitable, and those losses are subsidized by the profits from the top 20-30 percent of your best customers. Understanding which customers are profitable—and why—can result in significant net profit growth for any business.

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In the Innovate-or-Die Business World, Your Future Depends on Engaging the Next-Gen Workforce

June 27, 2016

There’s a lot of buzz these days about innovation and with good reason -- innovation is the WOW that in comparison makes incremental growth seem a mere a whimper. Leading innovators can achieve both significant upside both financially and in competitive advantage.

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How to Deliver the Best Customer Experience to Enable Growth

June 22, 2016

In today’s highly competitive global marketplace, providing a great customer experience has never been more critical—both in terms of differentiating yourself from your competition and growing your business. In fact, one of the greatest indicators of your company’s future success today is your customers’ satisfaction levels. If your customers are happy, this naturally bodes well for business growth; however, you then have the added challenge of keeping them happy while you’re growing.

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Four Ways to Attract and Retain Millennials in the Distribution Industry

June 17, 2016

According to PwC, millennials are expected to account for 75% of the global workforce by 2025, yet in a recent study commissioned by Epicor and conducted by MORAR Consulting, only 19% of distribution business leaders said recruiting millennials was a "fairly significant" or "major" focus for their organizations. Top distributors know this problem can no longer be ignored – here are four strategies to ensure your organization is prepared for the future.

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How to Increase Agility to Help You Grow Faster

June 13, 2016

Renowned organizational consultant Warren Bennis said, "Success in management requires learning as fast as the world is changing." These words have never been truer than they are today in the age of information. Indeed, businesses are hard-pressed to keep pace with constantly accelerating changes in technology, global markets, and the ways in which business is done.

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How to Improve Decision-Making to Increase Business Growth

June 10, 2016

The decisions you make in your business today are what shape its future, including how fast and far it will grow. So it stands to reason that if you want to increase and optimize your business’s growth, you need to improve and maximize the quality of your decision-making.

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The One Thing that May Finally Make the Virtual Organization a Reality

June 09, 2016

The concept of the "virtual organization" has been around for quite a while now, however few organizations have fully embraced the concept. While remote workers and virtual workplaces are a growing trend, the overall number is still quite small. According to a recent Gallup poll, while a greater percentage of U.S. workers now telecommute more than in the past, telecommuting is still more the exception than the rule.

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What Really Matters in a Data Breach

June 01, 2016

Over the past decade, hundreds of retailers with tens of thousands of locations have experienced data breaches, with the resulting data record exposure numbering in the hundreds of millions.

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